Globalization would be more acceptable if losers from the process (unemployed workers, displaced firms and depressed areas) received more support for adjustment.

Question

Quizplus · Accepted Answer

A forceful criticism of current globalization is that beneficiaries do nothing to compensate losers with the result of widening inequality. A number of governments are now considering new policy initiatives such as universal incomes.

Globalization Would Be More Acceptable If Losers from the Process