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There's so different kinds of globalization, physical and virtual/informational. I think informational globalisation is on the way up. The internet has made it
by sudhirj 5y ago
There's so different kinds of globalization, physical and virtual/informational.
I think informational globalisation is on the way up. The internet has made it easy to do knowledge work globally, and the pandemic has normalised it. Broadband is becoming pretty ubiquitous, and projects like Starlink should make it easier to ignore geography when it comes to information, knowledge work, culture and entertainment. I live in India, work for a company in the US, write SaaS apps that are used and paid for globally, watch movies and read books from all over the world, and have working relationships with people I've never met.
Physical globalisation is cutting down, on the other hand. India is trying a major push towards self sufficiency, and from what I can see there's a lot of cottage/home industry coming up for food, localised farming, clothing, mechanicals and infrastructure. The "import everything from China, it's cheap" philosophy is no longer the default option — it's turning into "buy local". I actually think this is a good thing — having industry decentralised is more anti fragile, and probably good for the environment, economies of scale be damned.
So yes and no, depending on which aspect of life you're talking about.