By Ian Bremmer
The trend towards greater globalization has benefited the world economy, lifting hundreds of millions of people out of poverty. But there have been drawbacks as well—especially for blue-collar Americans who have seen manufacturing jobs lost to developing economies. That has fueled a populist backlash against globalization and new free trade deals like the Trans-Pacific Partnership, and has supported the presidential candidacies of outsiders like Donald Trump and Bernie Sanders. As TIME foreign affairs columnist Ian Bremmer explains in this video, both the benefits and the cost of globalization must be better shared in the U.S.—or the trend toward greater free trade could be reversed, which would cost everyone.
More Must-Reads from TIME
- Inside Elon Musk’s War on Washington
- Meet the 2025 Women of the Year
- The Harsh Truth About Disability Inclusion
- Why Do More Young Adults Have Cancer?
- Colman Domingo Leads With Radical Love
- How to Get Better at Doing Things Alone
- Cecily Strong on Goober the Clown
- Column: The Rise of America’s Broligarchy
Contact us at letters@time.com