Is Deglobalization Even Possible?

We’re just one week away from President-elect Donald Trump’s inauguration, and the return of his “America first” agenda. Businessweek Editor Brad Stone writes today about the challenge of deglobalization. Plus: The unsettling failure of GM’s Cruise project, and the rapid Instagrammable rise of Ghia beverages. If this email was forwarded to you, click here to sign up.

There was once a widespread notion that the tides of globalization were as immutable as the weather. “Globalization is not something that we can hold off or turn off: It is the economic equivalent of a force of nature, like wind or water,” US President Bill Clinton said during a speech in Hanoi in 2000. His British counterpart, Prime Minister Tony Blair, concurred at a Labour Party conference in 2005. “I hear people say we have to stop and debate globalization. You might as well debate whether autumn should follow summer. They’re not debating it in China and India. They are seizing its possibilities, in a way that will transform their lives and ours.”