There is widespread belief not just that globalization is on the rise, but that it is already (close to) complete. Fed by books such as Thomas Friedman’s The World is Flat, and by heightened awareness of truly global problems such as climate change, large numbers of people believe that many, if not most, of today’s social and environmental problems are the result of global trends and that their solutions must also be global in nature. I refer to such overstatements about the extent of...

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