But the most basic fact of globalpoliticaleconomy over the past 40 years has been the move from destitute peasantry into the middle class of a couple of billion of our fellow human beings.
And ultimately in the age of the globaleconomy, both political leaders and corporate leaders are subject to the discipline of the markets, as sovereign bondholders and shareholders can sway corporate and country-level confidence dramatically.
And engineers, economists, governors, mayors of every political stripe believe that if we want to compete in this globaleconomy, we need to rebuild this vital infrastructure.