2008 Articles

Why the Critics of Globalization Are Mistaken

Bhagwati, Jagdish N.

Globalization is the target of many critics today. The young see it as a malign force in regard to social agendas. The workers see it as a pernicious force in regard to their economic well-being. But both sets of fears, and resulting opposition to (economic) globalization, especially via trade and multinationals, are mistaken.