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	<title>Comments on: Globalization and its Discontents (with apologies to Stiglitz)</title>
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		<title>By: Niron Hashai</title>
		<link>http://blog.robertsalomon.com/2007/04/24/globalization-and-its-discontents/comment-page-1/#comment-14</link>
		<dc:creator>Niron Hashai</dc:creator>
		<pubDate>Sat, 28 Apr 2007 04:50:59 +0000</pubDate>
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		<description>Nice one Rob.
2 things to keep in mind. One is that in developing countries (contrary to developed ones) in many cases the wealth that was generated through globalization in unevenly split in the society so that only a small fraction of the population gets to have most of the benefits. This by itself is enough to create resistance to globalization as people are usually more concerned with comparative than with absolute terms.
The second issue is the question weather all the forces that we see resisting globalization will become strong enough to slow it down or even to reduce its level. This has happened before in the early days of the 20th century (and not only because of the world wars). Academics, politicians and practitioners have to offer solutions how to prevent to such a scenario.</description>
		<content:encoded><![CDATA[<p>Nice one Rob.<br />
2 things to keep in mind. One is that in developing countries (contrary to developed ones) in many cases the wealth that was generated through globalization in unevenly split in the society so that only a small fraction of the population gets to have most of the benefits. This by itself is enough to create resistance to globalization as people are usually more concerned with comparative than with absolute terms.<br />
The second issue is the question weather all the forces that we see resisting globalization will become strong enough to slow it down or even to reduce its level. This has happened before in the early days of the 20th century (and not only because of the world wars). Academics, politicians and practitioners have to offer solutions how to prevent to such a scenario.</p>
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