The New York Times published a Guest Essay titled “Globalism Failed to Deliver the Economy We Need” by Rana Foroohar.
But the chaos is transitory, as it is largely driven by the tumult that attends any transition from an old economic order to a new one. Every economy goes through cycles of expansion and contraction, but the most important indicator within these cycles has less to do with market prices or unemployment rates and more to do with underlying political philosophy.