You make a few good points in the rest of your post, but I want to call this part out as a piece of a theme that I've seen from your previous posts,
like this one, which had some real pie-in-the-sky thinking.
What about it do you see as "pie-in-the-sky"?
Globalization is a force for good in developing nations, economically, there's no doubt. However, globalization has had a harmful effect in American manufacturing, which cannot compete with lower costs due to cheaper labor and looser regulations overseas. Our manufacturing sector losses have way outpaced those of other developed countries, even. You're talking about good middle-class jobs in many cases lost, replaced by low-paying service sector jobs or no jobs at all. We've lost over 5 million manufacturing jobs in the last decade and a half. Meanwhile, we subsidize these companies who have outsourced these jobs and destroyed communities across the nation.
1. The tax subsidies for various companies, job exporters or not, is something that needs to stop but is entirely separate from free trade agreements.
2. The jobs you are talking about were leaving anyhow. Do you really think a modest tariff will stop a company from outsourcing when the U.S. minimum wage is $7.65/Hr. plus payroll tax, unemployment benefits, and healthcare costs as well as worker safety and environmental protection regulations while the alternative is $0.50 a day with absolutely zero obligations beyond finding more people to maim in unregulated factories?
Free trade deals allow for the U.S. to:
A. push some basic worker standards onto various trade partners.
B. open the market for competitively priced U.S. products (agriculture).
C. allow U.S. living standards to slowly infiltrate the trade partners, forcing their expectations, and as a result their governmental policies, upwards.
Trade deals were unavoidable from the first day the U.S. engaged in rebuilding Japan and exported manufacturing jobs there as part of the rebuild. Pandora's box was opened at that point and if it hadn't been then it would have happened all the same just maybe a decade or two later with Mexico just south of the U.S.. The only thing trade deals did was get something back in exchange, which is what they should be judged on.
3. As for the losses here outpacing the gains elsewhere, welcome to the beginnings of manufacturing automation. I'd rather the U.S. extract free trade deals that allow for our service sectors to get a foothold in developing nations and give up manufacturing jobs a decade too early rather than hang onto those old industry jobs to then be trying to make inroads into new markets when we have no leverage and an economic crunch of our own. Large employment manufacturing is a dying breed of occupation. Clinging to it does no one any good. The transition needs to occur and opening as many markets as possible for the new economy jobs will only expedite that transition. It is unfortunate that people are caught out in the cold during this transition, but retraining and redeployment of the U.S. workforce should be the focus here, not protectionism and isolation to grasp what last little bit of time we can run out on the clock.
So when you make a blanket statement like, "globalization is a force for good", I've got to call shenanigans. I'm not saying that the effect of globalization and trade agreements are all bad, but it's a mixed-bag at best, and for the average American, it's had a fairly negative impact. And I expect Trump to do better in the Rust Belt states than expected for this reason.
Globalization is a net positive for the U.S. and is a massive force for good across the globe. It is not a mixed bag for the average American, it is a mixed bag for 45+ year old white Americans who want to cling to their old economy jobs at the expense of their children's future. It is a false narrative, but yes, it is a false narrative that plays. Much to the benefit of both Bernie Sanders and Donald Trump.
That gets us part of the way, but the children of the wealthy still have great advantages. Do you think Donald Trump, child of a Ford plant worker in Detroit, goes to the Wharton School on his own merits? Still, it's a good idea because it would be a heck of an equalizer. Which is why it's totally unrealistic and will never happen.
Free college for high school students that qualify academically is another way to bridge that gap, IMO.
Honestly, I'm totally fine with that disparity. That is a meaningful motivator for people. We sure as hell need to raise the floor, but I see no reason to even try to force a ceiling. That is a path to true socialism, which is counter productive to workforce ingenuity and upward mobility.
Also, it very much can happen. estate taxes, much like top earner taxes, used to be in the 80's. The government did a poor job regulating tax evasion so when Kennedy moved top earner taxes down to the mid-60's but strengthened the regulations the "trick down" myth took root.
Warren Buffett and Bill Gates are effectively making this choice on their own. Buffett even has a coalition of millionaires and billionaires who have joined with him to give away the majority of their net worth. That is exactly how you make it work. If they earn massive fortunes let them disperse them as they see fit to various charities during their lifetimes, bringing back the patronage system and massively expanding funding for arts and humanities. When they die though all but a modest sum (probably about $5M as from last I checked that was the top end of anything that could still be called a "family farm" without being insulting) goes to the government.
If you pair it with some aggressive re-alignment of the corporate tax rates (which would weaken the 1%er coalition) I think you would quickly find the 1% having to concede as the 99% would be staunchly in favor of it and we do live in a democracy after all. But yes, the first politician who campaigns on this and has a real pathway to election might get shot.