“But from 1973 to 2015 – the era of globalisation, when many of those jobs vanished abroad – productivity rose 73.4 per cent while wages rose by only 11.1 per cent.” – LRB · R.W. Johnson · Trump: Some Numbers
globalization
“you have to recognize that globalization is here to stay. That to keep one of the auto plants that have reopened and grown here in the United States operating at full capacity—they’re relying on parts from all over the world, and trying to disentangle that is all but impossible. And our goal, then, should be to try to shape trade deals that raise standards everywhere. And that’s what we’ve done with the Trans-Pacific Partnership.” – The ‘Anti-Business’ President Who’s Been Good for Business