Wednesday, October 12, 2016

Globalization

Courtesy of Stratfor:

Globalization...is sowing the seeds of its own undoing. By distributing its fruits so unevenly, globalization is driving wedges between upper and lower classes in the developed economies. In so doing, it is also driving further wedges between the lower classes in developed economies and the citizens of other nations, who are painted as enemies by populist demagogues.

The promise of free trade is undeniable: Everybody likes those everyday low prices. But the consequences of the differential distribution of the benefits of globalization are becoming disturbingly clear: For the upper classes, the world is their oyster. For the lower classes, the world is their competitor.

Broken Money

The subtitle is Why Our Financial System is Failing Us and How We Can Make it Better , and the author is Lyn Alden (2023). I feel like I hav...