Globalization need not work this way. Its benefits can be steered to all nations and to all levels in each nation in a more equitable manner. But a free-market, laissez-faire process will not do this automatically. It will require governmental regulatory action with guidelines and incentives that can best be established at the world level.
Excerpt from: "The Drive to Acquire's Impact on Globalization," at hbswk.hbs.edu, 23 august 2010. - Driven to Lead: Good, Bad, and Misguided Leadership, 2010