Knee-jerk reaction

Globalization is exposing social fissures between those with the education, skills, and mobility to flourish in an unfettered world market—the apparent "winners"—and those without. These apparent "losers" are increasingly anxious about their standards of living and their precarious place in an integrated world economy. The result is severe tension between the market and broad sectors of society, with governments caught in the middle. Compounding the very real problems that need to be addressed by all involved, the kneejerk rhetoric of both sides threatens to crowd out rational debate. From the United States to Europe to Asia, positions are hardening. Author Dani Rodrik brings a clear and reasoned voice to these questions.Has Globalization Gone Too Far? takes an unblinking and objective look at the benefits—and risks—of international economic integration, and criticizes mainstream economists for downplaying its dangers. It also makes a unique and persuasive case that the "winners" have as much at stake from the possible consequences of social instability as the "losers." As Rodrik points out, ". . . social disintegration is not a spectator sport—those on the sidelines also get splashed with mud from the field. Ultimately, the deepening of social fissures can harm all."

This is a book review I found online on this website . Globalisation has been a touchy subject for some, due to the harmful effects it has on the world. The places of the major players in the world are at stake, as globalisation has more or less made the playing field the same for all. This sudden change in the system is not welcome, and as seen in this review, it creates some knee jerk reactions which might be seen as aggressive. This is how globalisation has affected this world, with a sudden change, it has made the world a place where every move is being scrutinised increasingly. Globalisation has made a huge impact on this world, and it is sure to have a even more impressive effect as the days go past.

Balaji
Economic Expert