But at times of global recession, it comes to a standstill. When protectionism prevails, it goes back ward. Globalization got off to a wobbly start in the 19th century and suffered a setback in the 20th century. Just as we must free ourselves from the spell of globalization that makes us deify it, we must also be free of the anti-globalization myth, which regards globalization as evil incarnate. Even though people are enjoying the benefits of globalization every day, they tend to focus only on its drawbacks and complain.
Japan is no exception.
Japan ese politicians, in particular, tend to avoid squarely advocating the benefits of free trade and globalization to the people. I attended an international conference in London that focused on various aspects of globalization. Japan is in the midst of confusion. All the more reason that it should take advantage of free trade and the momen tum of globalization to implement dras tic domestic reform. In short, it should liberate consumers and citizens from the vested interests of politically victorious industries, guaran tee individuals the freedom of choice and open its doors to competent person nel from around the world to revive the economy.