Even before the pandemic, globalization was in trouble. The open system of trade that had dominated the world economy for decades had been damaged by the financial crash and the Sino-American trade war. Now it is reeling from its third body-blow in a dozen years as lockdowns have sealed borders and disrupted commerce. The Economist writes that those three body-blows have so wounded the open system of trade that the powerful arguments in its favor are being neglected. Wave goodbye to the greatest era of globalization—and worry about what is going to take its place.