The New Socialism of Fools

Four root causes of resistance to globalization in the West since the Great Recession

Project Syndicate
Aug 8, 2017 · 5 min read
An employee works on an engine production line at a Ford factory on January 13, 2015 in Dagenham, England — Carl Court/Getty Images

By J. Bradford DeLong

According to mainstream economic theory, globalization tends to “lift all boats,” and has little effect on the broad distribution of incomes. But “globalization” is not the same as the elimination of tariffs and other import…

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PS features exclusive commentaries from 45 Nobel laureates and 111 heads of state that deliver cutting-edge insight and analysis to readers around the world.

Project Syndicate

PS features exclusive commentaries from 45 Nobel laureates and 111 heads of state that deliver cutting-edge insight and analysis to readers around the world.

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