This article appears in the October 2025 issue of The American Prospect magazine. Subscribe here. The World’s Worst Bet: How the Globalization Gamble Went Wrong (And What Would Make It Right) By David J. Lynch PublicAffairs For a time, globalization was synonymous with utopia: the untrammeled flow of capital across borders, new markets waiting to be opened, the growth of developing […]
WTO
Posted inEconomic Policy
The Trade Policy We Need
Trump’s on-again, off-again tariffs are incoherent, but that should not discredit targeted tariffs paired with investment as a policy lever.
Posted inCoronavirus
WTO Fails to Promote COVID Vaccines
Today on TAP: And the U.S., despite Biden’s commitment to a waiver of drug company patent rights, sides with Pharma.
Posted inCoronavirus
Saving Lives Globally vs. Defending Pharma Profits
The U.S. position at a key WTO meeting on intellectual-property waivers for COVID vaccines will reveal which side Joe Biden is on.
Posted inEconomic Policy
After Hyper-Globalization
What should the next trading system be? Can we restore the capacity of the U.S. to produce—and of all nations to regulate capitalism?
Posted inCoronavirus
U.S., EU Back Pharma in Denying Access to Lifesaving COVID Products
A compromise effort to waive intellectual-property rights for vaccines, treatments, and tests will do little to expand supply, experts believe.
Posted inAmerica and the World
The China Challenge
Biden’s aggressive push against Chinese mercantilism has been marred by turf battles and cross-pressures. Here’s what needs to be done.
Posted inTAP
Vaccine Update: Pfizer Sticks It to Uncle Sam
Today on TAP: The drug industry and global vaccine needs