This is an important and underrated idea that so often gets lost thanks to politics. Much like the drug war, people think that market trends and phenomenons can be controlled somehow, that they are simply choices that people make, and those choices can be controlled - people can simply just choose not to make that choice or face consequences from the state. Rather than a whole new paradigm, something that generates real value that taps into a raw supply/demand, even if it means taking big risks, and that will exist whether or not we ignore it. This is how many ineffective government policies get made.
America needs to embrace globalism as an unhappy reality. The problem is that they have been operating for two decades as if it didn't come with a big downside - that globalism is this great new thing that will make everyone richer. Trump and Bernie have been feeding off this ignored reality without addressing the real consequence. Rather globalism being sold as something that is all good, it should have been sold as a tough new evolution of the marketplace, much like a recession correcting an imbalanced investment bubble. It doesn't need to be rejected by an outsider strongman politician but embraced by an outsider who is willing to face the reality that the consequences extend well beyond the influential class in Washington and they aren't all good.
You can't force your way back to the old reality as if the market phenomenon didn't exist, but you can minimize the downside as you transition to the new reality and do what you can to stay on top of it.
Sadly, hard medicine and politics don't go together. Even if it's the best (and only) medicine.
To continue the drug war analogy, the goal should be minimizing the harms of peoples addictions rather than trying to pretend the addictions won't happen. Likewise the economy needs to either a) compete with the globe in manufacturing and/or b) develop new industries.
I'm not as convinced as many people are that a) is not possible, Apple clearly thinks there's plenty of potential there and so do I. But I'm quite confident that that US is failing to do b) properly. In my business class they called it a new "service-based economy" but clearly that has been insufficient to keep employment and wages high. To develop new industries in place of manufacturing they need to rekindle entrepreneurship and small businesses to give life to new industries. I get the impression the US government is obsessed with appeasing existing BigCos (just look at TPP or Obama's policies during the financial crisis) rather than developing the next generation of industry that functions well in a global marketplace. Silicon Valley is a big piece of the puzzle, but even then it's treated as a sideshow in Washington (even more so now, which is a big fault of Trump) but in the same vein it can't be the only one moving forward.
I really hope Trump's liberal tax and regulatory policy helps boost b). The risk of course is that the usual Washington backroom dealings by legacy BigCos and special interests will guide policy even further towards tired old ideas (like making Wall St even more money) over helping develop new business. At a minimum we know that Trump is motivated to help with a)... so that's something.
(I purposefully ignored social policy consequences here as this comment is getting long enough)