April 19, 2016
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International economic integration is not ineluctable, not by a long shot. The challenge is making it more sustainable politically, socially, environmentally, and morally. This is the work of politician-statespersons who will need political capital to craft newer, better, and fairer deals. As for the one-percenters and the well-to-do, they need to understand that they benefit disproportionally from public goods so they have to pay more — a lot more than they have been paying while squirreling away gazillions in tax havens. Without better deals and more public investment, the pitchforks will come out and darker days of populistic violence, wars, environmental catastrophes, and dystopia await. We’ve been there before in the wake of a long globalization boom.