In the late 1990s and early 2000s, Western leaders made a series of lofty claims regarding the benefits of globalisation.

“The global economy is giving billions around the world the chance to work and live and raise their families with dignity,” Bill Clinton remarked during the final months of his presidency. “The problem is not [that] there’s too much of it,” Tony Blair told the Labour party conference in 2001. “On the contrary, there’s too little.” “I want globalisation’s children, the coming generation, to enjoy the vastly increased opportunities it brings,” Gordon Brown evangelised a few years later.

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