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My feeling as a layman is that the scale of globalization an industry uses will emerge naturally as a result of the trade-off between the costs and benefits. S
by tyrust 7y ago
My feeling as a layman is that the scale of globalization an industry uses will emerge naturally as a result of the trade-off between the costs and benefits. So far, the benefits have been worth it, otherwise companies wouldn't do it. As the article notes, there are a number of examples where safeguards are already in place, for in those cases it's worth being cautious.
The more serious, but harder to deal with, issue is that globalization lets companies indirectly exploit labor and environment in a way that their home region would not allow. Until this is sufficiently economically disincentivized, it will continue.
- tspike 7y agoThe short-term benefits have been worth it. Long-term is much more questionable.