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Why do western countries go against globalization and retreat from the group?
The root of the problem is the economic recession caused by the international financial crisis. Eight years have passed since the financial turmoil on Wall Street, but the economies of developed countries are still slowly recovering. High debt and high unemployment rate make the life of the middle class and the poor class continue to deteriorate, and social polarization is becoming more and more serious. Stiglitz, winner of the Nobel Prize in Economics, once wrote an article criticizing the serious division of social classes in the United States, arguing that "1% people own it, 1% people govern it and 1% people enjoy it", which is completely different from the concept of "for the people, by the people and for the people" put forward by President Lincoln. Economic frustration makes the middle class, especially the young and the poor, lack opportunities and hopes; Economic depression leads to the escalation of trade barriers, asset protection, anti-foreign investment and anti-immigration. Political right deviation makes populism, anti-immigration and racism popular. As a result, anti-globalization has become an outlet for dissatisfaction with reality and an anti-government trump card in the hands of opposition politicians.
Historically, every major crisis in the world is often accompanied by extreme behaviors such as populism. After the Great Depression in 1930s, dictatorships in Italy, Germany and the West emerged. After the oil crisis in the 1970s, Britain held its first referendum on "Britain's withdrawal from the EU". Today, similar scenes are looming.
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