[jbooth]

> globalism has not worked out for substantial parts of the population in most developed countries

Pardon my language, but that's crap. Every developed country has seen yuuuuge profits from globalism.

What, not all of it trickled down you say? That's a distribution problem. It's not a problem with globalization.

Shrinking the pie in order to pursue a more fair distribution is some ass-backwards, rube-goldberg-machine nonsense. Take the profits, fix the distribution. Invest in infrastructure while you're at it.

[ionised]

What gives you the impression the 'distribution problem' isn't inherently linked with the deregulation that enabled these massively increased profits that only find their way to a select few?

[jbooth]

'Inherently linked' is a misnomer. We're in the driver's seat here, we're not at the mercy of the weather. If we can set our trade policy, then we can set our tax policy and budget.

Raise taxes on the rich (short of making globalization a net loss to them), fund infra projects that put lots of blue-collar people to work, and in a generation we've got a bunch of cool shit on top of increased mobility and a better consumer economy. Everyone wins.