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The False Dichotomy Between Globalism and Nationalism

June 18, 2020
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For years, government officials, business school professors, and executives have espoused the benefits of globalization, supporting their arguments with sound evidence. For example, the United Nations has reported that globalization and economic interdependence among nations helped world GDP to increase from $50 trillion in 2000 to $75 trillion in 2016. Another important metric is rising employment opportunities across borders: in 2017, migrant workers sent an estimated $466 billion to their families in home countries. Synonyms for globalism include development, growth, and maturation, and multinational executives are routinely encouraged to have a global mindset.

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