Globalization is again under attack. Commentators from many perspectives have argued recently that globalization has reached a turning point and will never recover. Global inequities, failures of international institutions, and resentment of American power, they say, will usher in worldwide protectionism, threatening to end the current era of globalization.

An end to the current state of globalization doesn’t have to lead to conflict, however, as did the pre-1914 era. Indeed, Washington’s new political makeup provides an opportunity to shape a globalization that benefits all. In the realm of international trade, a starting point may be to reconcile free and fair trade.

After all, while the freest economies tend to be the richest, trade isn’t an end in itself. Rather it is a tool to help increase living standards, lower poverty, and advance political freedom and human rights. U.S. Congressman Sandy Levin, the new trade subcommittee chairman, recently issued a statement to this effect, adding that the terms of international competition must be shaped to achieve both growth and equity.

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