TIME

PROTECTIONISM’S FALSE PROMISE

Much of the criticism leveled against globalization today is related to the idea that it enriches the few, leaving the many behind. The people making this argument frequently advocate for the wholesale abandonment of globalization—which would put the very existence of an international agenda at risk.

It is understandable that policymakers are responding to their electorates’ grievances. While some people have benefited from globalization, large pockets of society have suffered—from farmers in the developing world to

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