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Give real globalization a chance to prove itself

June 21, 2023

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Mint Mumbai

A common world market could work in everyone's favour if state intervention is withdrawn but capital has globalized far faster than labour and a fully open model is yet to be tried out

Give real globalization a chance to prove itself

There exist items of news that we should have left behind in the 20th century but must endure anyway because man-made institutions of governance evolve too slowly. Last week, a fishing boat packed with an estimated 750 refuge-seekers sank in the Mediterranean Sea, taking hundreds of lives, mostly Pakistani. Its ripples of data reached us only for the scale of an otherwise frequent sort of tragedy wrought by desperation and dreams of better life prospects in rich countries. Else, it usually takes a documentary like Sally El Hosaini's The Swimmers, about Europe-bound Syrian champs who literally had to swim for their lives, to acquaint the busy world with the pressures and perils of human migration outlawed by nation-states defined in this context by borders of exclusion is just way it is, of course. It is part of a world order long and deeply invested in by many. National barriers dropped or even softened-are an unlikely candidate for a resolution by the United Nations, no matter which other arc our history ends up bending towards. Yet, globalization, as

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