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bad economic consequences and probably make international cooperation much harder. but i think our previous preconceptions about globalisation also not completely on target, just like technology, there was this view that led globalisation read, if china wants to explore cheap products but that all of the producers in the united states or in europe go bankrupt and then the market will take care of it. same sort of attitude when it comes to technology. let s not worry about the inequality issues, technology rip and then the market process will make sure that people are allocated to appropriate jobs and they all benefit. and what we have experienced from globalisation is that when that takes place in an uncontrolled way, it can also create a lot of hardship, so i think some degree of worrying about, you know, what globalisation is doing is fine but i really don t want the world to turn its back towards international trade, exchange of ideas. and i

Market processTechnology ripShareholder value revolutionInternational trade