Which doesn't do much good when a large percentage of that manufacturing is off-shored to the developing world.

Friedman may have had a point about globalization being a pacifying tool; people are a lot less inclined to pick up an AK and overthrow their governments when they've got a Lexus in the driveway and a decent place to live.

But in practice, all globalization has done is run all the nations' ships aground at once.

For example, Chrysler's bankruptcy will most likely spell the end for the Saltillo, Mexico plant where the Dodge Ram was made.
The argument for raising the standard of living south of the border was facetious at best considering the meager wages.

Assuming Salitillo closes and thousands are left jobless, how does exporting joblessness serve an economy like ours?
We have already forfeited the opportunity to employ our citizens here and now we're compounded an ailing nation's losses.