Dani Rodrik: The great globalisation lie

Proponents of globalisation claimed that it would benefit the whole of society and the world. That was a lie. Instead it has served and is still serving corporations and professional elites. Many others, the so called Left-Behinds, and there seems to be billions of them, have had no advantages, many just disadvantages. The truth is that globalisation is consciously shaped by the rules that the authorities choose to enact: the groups they privilege, the fields of policy they tackle and those they lay off, and which markets they subject to international competition. It is possible to reclaim globalisation for society’s benefit by making the right choices here.

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