We did our jobs too well. Yeah, we did. It didn't just happen, though, this dates back to the post Civil War era when America's industrial output grew from #5 in the world to bigger than #2,3,4, 5 combined in a matter of a couple decades. It's going to take another such revolution to keep America on top of the heap much longer. Post-industrial high-tech was a fine buzzword, but the substance isn't there. We have to put it there. Seriously, if you're annoyed at our lack of exponential progress lately, do something. Henry Ford did it then, who can do it now?
The only reason to fear globalization is if you think you can't be competitive in a global market. In the near future (heck right now) your customers aren't going to be low wage Wal*Mart drones, they will be the cream of the crop from around the globe. Were you saddened by the rest of the world when their standard of living was 1/20th of ours and you were living large? Did it feel unjust (what is justice?). Well I didn't. They just needed to be more competitive, and now they are starting to be. Good for them. Let us notch it up in response. Belly aching about it is doing no good.