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I used to be a globalist myself, which I still am, but I think globalization needs its urgent refactoring. Not all industries need to be fully globalized, and
by tanilama 7y ago
I used to be a globalist myself, which I still am, but I think globalization needs its urgent refactoring.
Not all industries need to be fully globalized, and it is better every country keep some share of production to itself to account for emergency situation like this virus.
Globalization had trade off robustness for efficiency, it is time to scale that back.
- Scoundreller 7y ago“Centralize production/operations in China” is the opposite of globalization.
- tanilama 7y agoI think globalization doesn't mean equally distribution. Globalization as how it operates, it means to assign the job to whichever country that is most cost-efficient for that part of the production.
- lildoggo 7y agoI once took a college course based entirely on answering the question 'What is globalization' Globalization can be just about any interaction between two entities... Moving production to China? Globalization Moving production back to the US? Globalization ... Anti-globalization movement? Globalization Or maybe my professor was just nuts, I feel crazy typing this out