I've always thought the way that Key keeps snuggling up to Ma is quite cute...
Perhaps he'll flog DOC off to Jack Ma. Maggie would love the photo op.
It may take another 100 years or so but I see this as a step towards a more equitable and safer world, and yes those of us in the West will not end up financially better off, we can ameliorate that if we do something about all that capital going to the 1% .... let's start with a capital gains tax - you shouldn't pay less tax on flipping a house than digging a ditch
Globalisation and mechanisation in themselves aren't the problem, it's the bulk of the gains from the aforementioned going to the rentier hyperclass.
Sadly, the rentier hyperclass have basically opted out of civil society by hiding behind gated communities, and hiding their hoard in places like the Caymans or Panama. And sadder still, it may take another Great Depression or WW2-grade crisis to shake the existing orthodoxy.
Another factor weakening living standards in the West, especially English-speaking ones, is the rentierisation of many public goods and utilities. Is it any wonder that those angry at being left out of the gains have been warming to the likes of Trump, Sanders, Farage and Corbyn?