We now live in a world where technology has made it possible for companies to take their business anywhere. If we want them to start here and stay here and hire here, we have to be able to out-build, out-educate, and out-innovate every other country on Earth.We’re not doing a great job of that so far. (more here)
kahzaa answered: Issues with globilization?
» We say: Our thought is that there’s more good about a globalized culture than bad, though obviously it isn’t perfect. Westernized culture has taken over the world in a lot of ways, but the results haven’t whitewashed other cultures entirely. Our favorite way of thinking about this is how things like cell phones, Facebook and Twitter have caught on with other cultures, while leaving the heart of those cultures intact. Economically, though, we have fundamental issues with the way that many corporations have used a global economy to reach their means. We grew up in the Midwest – we saw what the decline of the domestic auto industry did to Michigan. And there is a tinge of guilt every time we read about the way Chinese workers who build iPhones get treated. It’s unrealistic, though, to think that we can do things the way we did them 60 years ago while being able to buy crap from Wal-Mart at insanely cheap prices. Free markets and free trade are great and all, but there’s room for an ethical approach. (It’s our Office Hours! Ask us a question!)