True to an extent. However the “growth” level that many expect can only come from increasing globalization .... we are in an era of decreasing globalization.
The growth will have to come another way or be defined differently.
It is globalization that has helped to create global wage arbitrage, increased productivity and immigration. The siren call of ‘globalization’ has not lived up to the hype for many.
That is also wrong because the of amazing and utter confusion in the application of the term”globalization”, a term the Left happily misuses to confuse the average citizen, something the Left does purposely and very well.
Simply put, the confusion is mixing the proper application of the terms “globalization” and “open borders” as a threat to political and national sovereignty and freedom with the erroneous application to economics and the free market.
The voluntary cooperation of buyers an sellers in the market economy free of government interference presents NO threat to political boundaries and national sovereignty. It is how mutual trading partners create wealth and by definition has no government interference, just individuals freely buying and selling in the marketplace.