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I think people are starting to realise that globalisation needs to be balanced with other kinds of security especially around tech, hence TSMC being given a sta
by andy_ppp 6y ago
I think people are starting to realise that globalisation needs to be balanced with other kinds of security especially around tech, hence TSMC being given a stack of cash to build a fab in the US.
I wouldn’t say globalisation is dead more that it’s going to be more balanced going forward with local concerns.
- flatline 6y agoSo much of globalization up through the 2000s was exploitation of emerging markets for cheap labor and lax environmental and safety standards. This was not wholly without benefit to the people in these countries though: it has dragged a lot of the third world out of abject poverty despite some of the dystopian aspects. Hopefully the next three decades will be better on a number of fronts.