Globalization Is Not America’s Most Wanted
The “economy” has practically become a dirty word now. It’s usually the answer to the question, “What issue concerns Americans the most?” and has led to frantic searches for explanations. Whatever the “real” cause, one of the major scapegoats for the “Great Crisis,” as Gary Clyde Hufbauer and Kati Suominen call it, is globalization. In their book Globalization at Risk: Challenges to Finance and Trade, they argue that while globalization had a role in creating our current situation, we don’t have to send the Navy SEALs after it.