Lecture 13 Flashcards

1
Q

Automation and technology

A
  • Many of the lost jobs placed on foreign competition are
    due to technological change
     Research indicates 80% of manufacturing jobs lost are due to
    technology (Autor et al. 2013)
  • In fact, manufacturing has risen in the US & EU if
    measured by total output and not employment.
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2
Q

Rodrik Trilemma

A

One argument against globalization is that nations must give up
some sovereignty or democracy.
Rodrik’s Trilemma states it is impossible for countries to
simultaneously achieve:
* Hyper-globalization - No political or cultural barriers to the flow of goods and
investment
* Sovereignty – pursue the policies that it chooses
* Democracy – liberty and political equality

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3
Q

Backlash globalization

A
  1. It is real and driven by economic anxiety/competition
  2. It is real but driven by “othering” or ethnic/racial hostility
  3. It isn’t real, globalization is being blamed for other things
    a) Domestic policies that drive inequality
    b) Automation & robots
  4. Everything is fine…
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4
Q

Was trump response to globalization?

A
  • Maybe
  • Some evidence that exposure to manufacturing job losses
    leads to less support for incumbents
  • Though, Trump supporters are not the poorest in the
    country. Their income is higher than Non-Trump voters
    on average.
  • Trump support is empirically driven more by ”othering”
    or cultural backlash – see work by Pippa Norris
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5
Q

Unsatisfactory globalization conclusion

A
  • Some but not conclusive evidence that there is a globalization backlash
  • Increasingly, more evidence that social (status threat), not economic, factors are driving
    Brexit & Trump support and broader populist backlash.
  • May not be either or: economic precarity may heighten cultural/sociopsychological
    variables
  • Still much more research is needed to answer this really important question.
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