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To most on the U.S. left, globalization is a dirty word — the name of that Frankensteinian amalgam of forces that turned America’s industrial centers into Rust Belts, its trade unions into laughingstocks, and New Deal Democrats into anachronisms. And these associations are far from baseless. The model of trade liberalization that the United States pursued in the last quarter of the 20th century favored footloose capital over landlocked labor, financialization over industrial production, and, thus, the corporate wing of the Democratic Party over the progressive one.

For this reason, Blue America’s internal debates over trade policy have traditionally pitted progressive protectionists against moderate…

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