“President Obama challenged Americans on Tuesday night to unleash their creative spirit, set aside their partisan differences and come together around a common goal of outcompeting other nations in a rapidly shifting global economy.” (New York Times)
The idea that nations compete with one another leads inexorably to government-business management of the economy.
FEE Timely Classic
“Globalization: Extending the Market and Human Well-Being” by Gennady Stolyarov II