Hacker News new | ask | show | jobs
by jameshart 3317 days ago
right - there have been massive improvements in poverty in developing countries as a result of globalization. But that doesn't mean that Rosling-style improvements in life outcomes for people in the poorest nations were a goal of globalization; just a side effect. And benefits have accrued to wealthy nations too - cheap gas, cheap electronic devices, expanding investment markets. If policy supporting globalization had a goal it was probably more driven by those outcomes.
1 comments

The unpleasant, unintended side effects of many "good" policies often surprise activists: protectionism and orthodox equality leads to decreased trade and removes incentives to increase productivity. This is a surprise to many people who then try to deny the existence of these side effects because they think they are only advocating "good" policies so the bad results are someone else's fault.

The pleasant, unintended side effects of globalist capitalism and economic liberalism are in fact not that much a surprise. Just look at the track record. Is it bad if good outcomes follow as unintended consequences?

Arbor ex fructu cognoscitur.