Globalization has offered up the shoddy baubles of cheap goods at Walmart and Amazon at the cost of hollowing out local economies everywhere. Those urban areas that specialize in globalized distribution, software, design and data attract mountains of global capital that then distort the cost structure to the point that only the already-wealthy can afford to live there.
Source - http://charleshughsmith.blogspot.com/2018/10/globalization-has-hollowed-out-rural.html
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