June 29, 2019 § Leave a comment
Has anyone ever given a thought to who actually benefited and what benefits were gained from globalisation, the development of which we have been observing and participating in over the past 25 years, since the 1990s?
China has made use of globalisation, in particular, to pull millions of Chinese out of poverty.
What happened in the US, and how did it happen? In the US, the leading US companies — the companies, their managers, shareholders and partners — made use of these benefits. [..] The middle class in the US has not benefited from globalisation; it was left out when this pie was divided up.
The Trump team sensed this very keenly and clearly, and they used this in the election campaign. It is where you should look for reasons behind Trump’s victory, rather than in any alleged foreign interference.