Re:Peter Thiel to Donate $1.25M in Support of Donald Trump
by natrius on Sunday October 16, 2016 @02:03AM
(#12717219)
Short answer: globalization hurts the developed world in the absence of real technological breakthroughs (energy too cheap to meter, something we use a lot gets can now be made for half the price, etc.). A richer world just means more competition for scarce things. The rational policy for a self-interested superpower might be to ease up on globalization.
[ Parent
| on HN ]
Re:Peter Thiel to Donate $1.25M in Support of Donald Trump
by baytrailcat on Sunday October 16, 2016 @02:37AM
(#12717319)
Thanks. That somewhat makes sense, I think. Kind of ironic though. Most of the underdeveloped world didn't want globalization to begin with!