Globalization under duress

August 31st, 2015 at 8:25 am

Over at PostEverything. Maybe it’s me, but it seems that mistake of action and inaction, ranging from costly to deadly, are both occurring more frequently and reverberating more widely.

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4 comments in reply to "Globalization under duress"

  1. Amateur says:

    It seems so.

    I believe the problem is rooted in our information transfer, that is, many people have become aware of things they aren’t educated to understand properly, and they’ve developed ideas about those informations that are just incorrect. Poorly understood information is a pitfall of both democratic systems and market-driven systems.

    China is a very interesting study. We should be working with them very closely on opening up direct information transfer and understanding. I believe they were honestly confounded by our financial collapse, and unlike before, I don’t think they any more informed or misinformed than we are.

    The world needs better direct communication between all citizens. I really believe that it can happen.

  2. Amateur says:

    Oh, and great article. It was really good.

  3. Robert Salzberg says:

    Globalization, inaction by governments, interconnectedness,….I was sure JB was going to finish with how climate change is the worldwide problem that unites us and indeed will continue to cause increase migration and conflicts over the resources of the planet.

    Still a great post JB!

    • Jared Bernstein says:

      Of course that’s thematically completely consistent and an important part of the argument. Couldn’t quite jam it in there.