Originally Posted by Printer2";p=&quot

Yes, globalization is good, it is responsible for the growth of better life in the world, but globalization isnt free trade, globalization is very regulated.

I'll remind you you of the mid-90s at the Washington Conference when the 1st world countries of the world handed the poorer nations a list of things to do with their economy to drastically improve their economies over a few decades. Countries like Russia, Argentina, and Indonesia immediately applied these free trade/globalizatin/unregulated rules and their economies (as well as other countries that followed these rules) immediately crashed.

Free trade is good, but it must be regulated, globalization is very regulated. The question is how much should it be regulated. The thing I hate about many liberals and conservatives believe the economy sould be completely unregulated or completely regulated. They're both wrong. Both extremes always failure, economies need to be in the middle.

Thats what Bono and Springsteen complain about (from my understanding) that free-trade must be regulated or else it gets out of hand (but too much regulation is a bad thing).

Personally, from my knowledge of history, economic history, my father's knowledge, economics classes, and news it seems to me that be that being a little bit more regulated (not 40% more, nothing that extreme) is better because I personally believe that good stable governments tend to look at the the interests of people more so than corporations involved in globalization.