The communists are keeping the globalization faith; but the capitalists seem to have lost theirs. This is bizarre – and entirely out of sync with past performance and current facts. We have every reason to be confident in a process that has delivered more prosperity to more people than anyone could have dreamed of just a few decades ago. We must not be shy in defending globalization and combating reactionary nostalgia.We can have a brighter future – but only if we don’t seek it in the past.
Source: Restoring Faith in Globalization by Carl Bildt – Project Syndicate