I'm parsing it as "it hurts people but it helps more people than it hurts" with an unspoken "the needs of the many oughtweigh the needs of the few". (As I mentiond in another comment above, it contains more unspoken assumptions than that.)
Well, indeed...but the point was that I think he's speaking through his hat, here. We've heard of the wonders of globalization from Greenspan and his ilk for a long time. I don't doubt that some have been helped, and maybe some who are not part of his global elite, but all else points to the fact that it is simply the latest strip-and-shaft manuever by the industrialized nations on the Global South.
(no subject)
(no subject)
(no subject)