Globalization and Its Critics.(Brief Article)

THE WORLD ECONOMY IS INCREASINGLY governed by a kind of one-party system--a global party that believes in the freest possible flow of capital and commerce across international frontiers. Although center-right and center-left parties joust for control of national governments, both seem to accept the prevailing wisdom that economies do best when government interferes least. Yes, there are still skirmishes about levels of public services. But the core precept of the elite consensus is bipartisan, with scant difference between a Thomas Friedman and a Milton Friedman.

Critics are ...

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