Listen to Parag Khanna make his case that the negative consequences of globalization can be attributed to insufficient regulation and that globalization, when managed well, is beneficial to society. Parag points to poverty reduction for billions across the world and global wealth creation as evidence that globalization has ultimately been a force for good. Negative effects of globalization like inequality and environmental degradation cannot be blamed on globalization itself, Parag argues, but on leaders that are failing to effectively manage their economic systems.