Meyerson repeats the canard that "globalization entails [a] downward
leveling" of economic well-being ("Tipping Point for Trade," November
This belief is crushed by mountains of evidence. It's
crushed also by its own illogic: if ordinary people are served by being
"protected" from globalization, then they can be made even better off
by being protected from countryization - and better off still by being
protected from townization and neighborhoodization. Protectionist
quackery implies that we achieve maximum prosperity when no one
consumes anything produced by anyone else.
Bravo. I wrote about my fears of a Democratic Congress rolling back Bill Clinton's free trade legacy here.