Stiglitz Sets the Record Straight on "Globalization"

Joe Stiglitz had a nice piece on globalization pointing out that recent "trade" agreements have been largely about shaping rules and regulations to benefit the one percent rather than reducing trade barriers. The strategy of the Obama administration and other proponents of deals like the Trans-Pacific Partnership is to make nonsense claims about the economic benefits of these deals and use ad hominem arguments against the opponents (i.e. call them Neanderthal "protectionists").

In reality, it...