Globalization: Rule Breaker

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The world according to the many changes taking place, including globalization.

Until quite recently, globalization was seen as a one-way street. American companies, which led the charge four decades or so ago into growing global markets, were its ambassadors — and American workers, whose wages and upward mobility were flattened, were the victims. The core idea was that globalization, technological innovation and unfettered free trade would erase historical and geographic boundaries, making the world ever more economically interconnected and alike. (Foreign-affairs writer Tom Friedman famously shorthanded this notion with the title of his book The World Is Flat.)

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