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A comment on Populism and the Economics of Globalization [pdf]. Parent comment

Re:Populism and the Economics of Globalization [pdf] by whazor on Wednesday June 21, 2017 @01:00PM (#14605614)
Good news is that outside of countries like USA and UK, there is a lot of improvement. Global average income is rising, more people are going to schools, and people are being connected to the internet. I wouldn't be surprised if there will be a huge rise in the amount of African software developers. They could compete with USA software companies in the global internet industry.
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Re:Populism and the Economics of Globalization [pdf] by frgtpsswrdlame on Wednesday June 21, 2017 @01:09PM (#14605728)
That's not good news for anyone in the USA or UK.
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Re:Populism and the Economics of Globalization [pdf] by Kurtz79 on Wednesday June 21, 2017 @01:23PM (#14605900)
If your plan for ensuring the continued wealth and competitiveness of your country and population relies on other countries not to develop, than possibly it's not a great plan.
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Re:Populism and the Economics of Globalization [pdf] by frgtpsswrdlame on Wednesday June 21, 2017 @01:47PM (#14606161)
My plan relies on politicians in the USA/UK considering the wellbeing of the workers in their country a priority over the wellbeing of workers in other countries and a priority over a small group of elite capital-holders. It's failing because they don't but that's a pretty sad statement about where we find ourselves politically.
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Re:Populism and the Economics of Globalization [pdf] by PatentTroll on Wednesday June 21, 2017 @02:30PM (#14606608)
Not to mention a new population of knowledge workers will produce their own demand, so it's not a zero sum game by any means.
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Re:Populism and the Economics of Globalization [pdf] by zghst on Wednesday June 21, 2017 @01:47PM (#14606155)
More people that are educated buying more products for their bigger homes use more gasoline for their bigger cars going to bigger parties doing more things advertised to them. It's all set up to thrive from these destructive economics and we're exporting it one by one to nations around the globe.
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Re:Populism and the Economics of Globalization [pdf] by geodel on Wednesday June 21, 2017 @02:04PM (#14606348)
Talking about average is again big problem. Because by average measure US GDP is growing, education/healthcare infrastructure is getting better. But the benefits of it are only accruing to top 10% or so.

I see in India income gains are only for top 5-10% of population but those beneficiaries have caused heavy air pollution, traffic woes with their cars, ACs etc. Excessive water shortages and increasing travel times and so on which has caused much more suffering to poor in comparison to benefits which were hogged by IT/ITES and other few sectors.

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