Silicon Valley and the City of London should give up some of their massive gains from globalization to ensure workers in cities like Detroit and Hull do not continue to fall behind. But… “Addressing the hardship increasingly faced by these workers requires a combination of redistribution and regulation” on an international scale, the London School of Economics’s Swati Dhingra writes in The Economist. That includes generating resources from different international jurisdictions, enforcing worker protections and channeling resources toward policies that offset the deskilling of workers.

Read more... Wall Street Journal (blog