The age of globalization In which we live has both blessed and cursed humanity with the most far-reaching societal changes since the industrial revolution. International trade deals abound, including the Trans-Pacific Partnership proposal now before Congress, though not without some critics.
Still, with American consumers clamoring for cheaper clothes from Bangladesh and fresh summer fruit and vegetables from Chile in the middle of the Northern Hemisphere winter, it would seem that globalization is a smashing success. So why then would The Washington Post run a 2,500-word analysis of globalization's current state beneath a headline reading, "The Great Unraveling of Globalization"?
This late-April takeout ran in the newspaper's business section, where it consumed, with accompanying art, nearly two full broadsheet pages. Written by Jeffrey Rothfeder, former chief editor at International Business Times, the piece argued that globalization has not brought the economic gains promised -- the cheaper garments and year-round summer fruits beloved by consumers not withstanding.
For most -- in particular the multinational corporations and government coin-counters who fuel the consumer passion -- material gain is what globalization is all about. Given that Rothfeder's piece was a business section project, it's no surprise that he focused solely on globalization's economic side.
But globalization's far-reaching changes affect far more than the bottom line.