Hypothesis: We’re near or past the peak of globalization
How would we try to evaluate that? Here’s a few articles that I found interesting…
The end of GDP as a measure –
http://www.nytimes.com/2009/09/15/business/global/15gdp.html
President Nicolas Sarkozy told the French national statistics agency Monday to take greater account of factors like quality of life and the environment when measuring the country’s economic health.
Large corporations are splitting –
Marathon cited “enhanced flexibility to pursue tailored strategies” as the chief cause behind the strategic move.
This is an older one, but I found it to be very thought provoking – http://tradewatch.org.au/blog/2008/10/22/end-of-globalisation/
The second quoted text is great, and something that has occurred to me numerous times. Specifically when I was in Quebec reading about how their city almost starved because of grain speculators in the late 1700′s. Also, the bit about externalities being missed by the “free” market… the free rider problem of the oceans and the air.
Your thoughts?