Freakonomics Radio 519. Has Globalization Failed?
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Oct 20, 2022 Anthea Roberts, a legal scholar and professor at the Australian National University, challenges common beliefs about globalization. She explores how different narratives shape our understanding of economic integration and its effects on democracy. The discussion delves into the growing skepticism of globalization, the Biden administration's trade strategies, and the shifting tides towards nationalism. Roberts emphasizes the complexities of global interdependence and the need for diverse perspectives in addressing the multifaceted consequences of globalization on society and politics.
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Globalization's Unfulfilled Promise
- Globalization was meant to boost prosperity and democracy.
- However, it hasn't yielded the democratic outcomes in countries like Russia and China as the U.S. had hoped.
Six Narratives of Globalization
- We tell different stories about globalization, focusing on specific narratives while ignoring others.
- Anthea Roberts identifies six such narratives, exploring who wins and loses in globalization.
Globalization's Mixed Legacy
- Globalization has lifted millions out of poverty and increased consumption, but also had negative consequences.
- These include left-behind communities, increased drug addiction, and declining support for globalization.
