Globalization, Protectionism, in Fight for Liberty

            I was reading Fight for Liberty, which is a collection of essays that attempts to defend democracy and human rights, sometimes from a neoliberal perspective. I briefly read an excerpt where one of the essays defends globalization. Globalization is the increasing interconnectedness of trade across the historical borders of nations, and globalization contrasts with protectionism. Protectionism is the preservation of business interests by using barriers to slow trade across borders, sometimes with tariffs or other measures, that prevent the money or business interests of one country from being harmed by the money or business interests of another country. Globalization, as it is currently practiced, represents that the people with money or business interests in different countries do not have to protect their interests from each other, are not in competition with each other, and have more in common with each other than the people without money or business interests, resulting in vast wealth inequality and exploitative labor practices within and between countries.





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