Summary Of We Are Not The World

The article, “We Are Not the World” by Greg Ip articulates about globalist and nationalist ideology as the world has significantly divide throughout history. Globalist’s different strategies after World War II and its impact during its popularity as they advocate the benefits of globalization around the world. Nationalists were able to influence, when new issues arise, as a country’s identity is much important than other prominent economic issues. A link between immigration and unemployment is something people are worried about, due to their cultures, religions, and norms being threatened by immigrants. China joining the WTO shows how it affected the U.S economy for the worst. By Using the Euro as the main currency among the EU members a decreased in trades was inevitable while both China and Germany benefited. Thus the author notes that …show more content…
With globalists being successful in the late 1800’s and early 1900, the idea that any trade is good for the countries. However, after World War II the purpose of globalization was to prevent another war by creating good relations with each other, in a way that trade is prominent in their economy. This would also make it easier as agreements like NATO, WTO, AND NAFTA would benefit multiple countries and tariffs being reduced significantly. However, nationalists believed that this was the cause of a decline within the economies (Ip, 2017). Countries that exported and imported recover after the war faster, which gave them a competitive advantage. Later on the “currency value was manipulated by developed countries such as Japan, South Korea and other countries from Asia” (Browne, 2017) which caused an unbalanced as other countries suffered from inflation. Browne notes that regardless of the exploitation globalization reached its peak in the 2000s and that convinced China to finally join the WTO and globalists would view it as a great