How to Cure the Globalization Backlash

Those who fear globalization are often dismissed as bigots, but anxiety over security and jobs is another factor, explains author and professor Harold Sirkin for Forbes. Many in the developed world have lost confidence. “Unfortunately, too many people in the industrialized West have too much idle time on their hands – and not by choice,” he explains and that compounds the anger and fear. “People who feel secure in their jobs are more likely to spend their spare time (and spare change) on activities such as fishing and shopping, ballgames and beach outings, nights at the movies and dining out at restaurants, than thinking about globalization and immigration.” Education, training, jobs and productivity contribute to individual confidence and industry competitiveness. – YaleGlobal

How to Cure the Globalization Backlash

Anxiety about jobs, underemployment combined with some people with too much free time may have fueled the anti-globalization movement and populism
Harold Sirkin
Friday, December 23, 2016

Harold Sirkin is a Chicago-based senior partner and managing director of The Boston Consulting Group, and has led IT, e-commerce and operations practices for 13 years. He is also a professor at Northwestern University’s Kellogg School of Management and co-author of three books, including The US Manufacturing Renaissance: How Shifting Global Economics Are Creating an American Comeback.

© 2016 Forbes Media LLC. All Rights Reserved.

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