Back to the Future: Is the World Heading Into a New Wave of Protectionism?

In the 1930s, the Great Depression reversed a long trend towards globalization: Borders were shut, trade was halted, and tariffs imposed. After the 2008 financial crisis, it initially seemed that this would not occur again. But free trade is now stirring strong political passions, with politicians and voters of all stripes blaming trade for rising unemployment. So are we heading for a new protectionist wave? Or is it possible to resurrect the free trade dream? Is free trade really as damaging for peoples' jobs as the critics fear anyway?

Festival: 2016

More on this Session

Watch and Listen: World

We are on the cusp of a sweeping revolution — one that will change every facet of our lives. The changes ahead will... See more
Join Dan Porterfield, Margaret Low, Peggy Clark, and Katie Drasser to kick off the Spotlight Health Festival, featuring... See more
Development in the Global South is fundamentally about dignity – the dignity of people, of planet, and of all life. In... See more
John Dickerson and former CIA director, retired Army General David Petraeus, take a tour of the unprecedented threats... See more
The Trump Administration says it is “committed to a foreign policy focused on American interests and American national... See more
Welcome from David G. Bradley and Walter Isaacson A Conversation on the Future with Astro Teller, Captain of Moonshots... See more

Pages