I mean, I think it'd be nice, but in the US our leaders are so fucking corrupt and owned by business interests that I don't see it happening until at least all the boomers/Gen Xers die off.
Is globalization really the result of corrupt leaders though, or a shift in corporate practice to accommodate the rising demands of consumers? It seems like no amount of corruption really matters as long as we're drinking lattes and eating avocado every day.
Of course when they were young, the Boomers said that about all the people in power at that time. Big government power attracts corruptible people. This doesn't change in a generation. It probably doesn't change ever.