Like I said, I do get your argument... Capitalism can lift people out of poverty, when it works.
But what do you reckon about the points that I'm going to make below about political / military aspects?
Globalisation was meant to be a great no brainer for us in the West:
We could elevate countries in poverty by getting them to make our stuff there
No need to pay direct aid to developing world countries - aid would be via capitalism, the single best way that anyone had ever found to create wealth and rise people and nations up.
More trade means less - or no - war
Countries who are providing wealth to their people would grow the pie in their countries through better jobs and trade - not by war.
And war is expensive and disruptive, so it just wouldn't be rational to go to war (Russia didn't buy this argument though).
And of course, it's great for businesses in the 1st World
We've all discussed this on this thread:
Companies could close their manufacturing bases in their home markets and shop around 3rd party suppliers (or relocate them to cheaper countries). Why? Reduced labour cost. No likelihood of those pesky workers joining unions etc. etc.
EDIT: Consumers got more for less
And of course, consumers got cheaper goods. They get to feel richer. They buy more stuff. The economy booms. The state gets more sales taxes etc. etc. [end edit]
So far so good.
However, with China, things aren't exactly going to plan.
This story hasn't played out yet, but I'm going to bet that historians will look back on making China as the manufacturing poster child of globalisation as a huge mistake on behalf of policy makers in the 1st world.
Instead of a peaceful country that is gradually drawn into western lead trade, capitalism and democracy, we have a country that has used its position as the workshop of the world - fuelled by an injection of western capital - to greatly expand its own ambitions and agenda and to reclaim its place as the world's leading power.
And lots of western companies - including Apple - are now extremely dependent on China.
This, I suspect is going to soon seem to be as sensible as outsourcing a big chunk of your manufacturing base to behind the Iron Curtain in the 1970s.
We'll see. This has yet to play out. But I'm not hopeful that it's going to end well.