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we have to figure out how to live as a good citizen. so do the chinese. so do the russians. sort of the middle eastern countries. but we are globalized. we cannot change that back. >> laura: we have to figure out how to be good global citizens? that might sound really high-minded. what happened in the 20 years since china entered the wto is not pretty. we ended up enriching other countries and lots of lost traders like gary cohn himself as our own middle-class suffere. thousands of u.s. companies moved overseas for cheaper production, all ushered in under the banner of globalization. gone were most american-made products, textiles, toys, televisions. it sure wasn't what the globalist told us what happened once china was welcomed into the world trade community. >> by joining the wto, china is not simply agreeing to import more of our products. it is agreeing to impart one of democracy's most cherished values: economic freedom. the more china liberalized its

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