Reactions to story from Tea with FT
Americans, how sure are you it is not Mr. Jones that you should blame?
http://teawithft.blogspot.com/ 2008/ 05/ americans-how-sure-are-you-it-is-not-mr.ht...
The fundamental driver of the unease with globalization is the reduction of the share of decent salaries paid in the gross global production (GGP) and since “decent salaries”, whatever that means, has almost exclusively to do with the developed world, there is a growing grumbling in the western world that this globalization thing might not have been such a bright idea after all. Clearly, if an American holds that the world has to stop growing, immediately, so that he can go back to his 2 dollar per gallon of gas, he has a point, though he would also have to explain what to do with a paralyzed world.
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