What moral attitude should we take toward Globalism?

From the American workers view the positive side of Globalism is that many workers worldwide in very poor countries will experience a significant increase in their standard of living because the manufacturing of certain products that were manufactured in America are manufactured in their country.

From the American workers view the negative side of Globalism is that the standard of living of many Americans will decline significantly because of the work that has gone to poor countries.

From the American capital owning and financial brokerage view Globalism is the best thing since sliced bread.

What moral judgment should all Americans take toward Globalism? I have no answers to this very difficult question. This is the type of question that leads some people, like me, to duck their moral principles.

I suspect that Americans with capital will reap great advantage from Globalism but working Americans will be net losers. The workers and the capital owning citizens in poor countries will be large net winners.

What is globalism & globalization?

http://www.theglobalist.com/StoryId.aspx?StoryId=2392

Joe Nye, former Dean of Harvard University’s Kennedy School of Government, informs us: Globalism describes the existence of various forms of networks that interconnect multi-continental distances while globalization describes the degree of globalism. In short, Nye considers “Globalism as the underlying basic network, while globalization refers to the dynamic shrinking of distance on a large scale”… globalization is the process by which globalism becomes increasingly thick and/or intense.

There are four distinct dimensions of globalism: economic, which is the flow of goods and services; environmental, which is the effect upon the worlds environment and health; social, which is the flow of ideas and the effect of those ideas and ideologies upon the worlds cultures; and of course, there is the military dimension where power is displayed world wise by all cultures with such power.

Though from a greater time scale's perspective, morals/religions are subject to the needs of the people as regards "Mother Nature's" prime directive; survive,,, locally, morals are... they are not subject to one's perspective.