Is Globalization inevitable?

"M1 can be as big as it likes", someone recently said to me, "but isn't opposing globalization a bit like opposing the telephone?" Not quite. Rulers always justify their actions with high words and lofty claims. They seek to conquer the high moral ground and, with it, the mantle of "inevitability". read more

Globalization, at its most basic, means simply the long-term, secular trend towards ever-greater interpenetration and interdependence of the world's economies. And this is indeed inevitable. Over the centuries, as production processes have developed and grown more sophisticated, their linkages have increased. read more

Globalization, modern technological innovation, and economic prosperity are not mutually exclusive but rather facets of the same phenomena. Globalization is inevitable because people enjoy their vacations in foreign countries and their imported beer too much. read more

Unfortunately, or maybe fortunately, globalization is simply and utterly good, bad and inevitable. Hopefully the good will out-weigh the bad, but the continued existence of both is inevitable. Because of this, we are better off accepting the truth and, like we do best, moving forward. read more