Can globalization be stopped?

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I heard a student ask an economics professor the above recently.

His answer was, "No, of course not!"

The best way to get someone to passively accept the beating you are giving them is to get them to think it is inevitable.

The right question is, "HOW will globalization be stopped?"

The possible answers are:

1) The globalizing elite will be defeated politically.

2) We will suffer a global economic or ecological catastrophe.

Reference: See Babel, Tower of.

Comments

  1. Lord11:33 AM

    3) Diminishment of the value of trade relative to locally produced and consumed product.
    4) Narrowing of economies of scale supporting more distributed production and consumption.

    ReplyDelete
    Replies
    1. gcallah1:16 AM

      Yes, Lord, but I think achieving those most likely will take some political action to un-tilt the playing field.

      Delete
  2. Samson Corwell1:53 PM

    "The best way to get someone to passively accept the beating you are giving them is to get them to think it is inevitable."

    Or convince them it is not a beating?

    ReplyDelete
  3. Prateek11:51 AM

    Massive wars can reverse globalization.

    The level of freedom in international trade and investment was much greater prior to the First World War than immediately after.

    I don't imagine, however, that is the route that people want.

    ReplyDelete
    Replies
    1. gcallah1:15 AM

      Yes, that would fall under 2 above!

      Delete

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