Global competition is about winners and losers.
Wall Street sees a social fabric or social contract as inefficiencies, which need to be removed.
We should be moving toward local currencies not global or European currencies.
Capitalism has defeated communism. It is now well on its way to defeating democracy.
If you look internationally over the last 50 years there have been improvements in the third world, but in the last 20 years the reverse has happened, with debt crises and increased poverty.
In the US, most progressives start to see the differences between internationalism and economic globalization.