> The US is wealthier than it has ever been thanks to trade abroad.
And more unequal than it has been since the Gilded Age, when the infamous robber-barons ruled the economy unrestrained.
As you said, the US hasn't "spread the benefits of trade internally", but that has a lot to do with globalization. Workers lost bargaining power and income as competition for their jobs increased due to globalization, and unions became weak when companies responded to strikes by moving operations overseas.
The benefits of globalization naturally flow to foreign workers and the few Americans in charge, while the cost of globalization falls on American workers.
And more unequal than it has been since the Gilded Age, when the infamous robber-barons ruled the economy unrestrained.
As you said, the US hasn't "spread the benefits of trade internally", but that has a lot to do with globalization. Workers lost bargaining power and income as competition for their jobs increased due to globalization, and unions became weak when companies responded to strikes by moving operations overseas.
The benefits of globalization naturally flow to foreign workers and the few Americans in charge, while the cost of globalization falls on American workers.