http://www.globaldashboard.org/2010/01/26/confronting-the-long-crisis-of-globalization/ Global risks and how to respond to them, edited by Alex Evans and David Steven Sat, 11 Feb 2012 13:49:12 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.globaldashboard.org/2010/01/26/confronting-the-long-crisis-of-globalization/comment-page-1/#comment-72200 crisis_citizen Wed, 09 Mar 2011 09:13:51 +0000 http://www.globaldashboard.org/?p=12756#comment-72200 The ideals of globalization may have degenerated in order to promote the big players on the market, but we must look to the possibilities opened to us by <a href="http://www.financialcrisisnet.org/forum/Advertising-Marketing/How-Globalization-changed-Marketing-Strategy-373279.htm" rel="nofollow">globalization</a> It has made intellectual property available world-wide in an instant, whereas even 15 years ago a book would have to be shipped. Globalization has also expanded the sales of hard-line items to a large extent, from foreign cars, to building materials, to tropical berries, to medicines, and more by opening communication lines that formerly were much more challenging and unreliable (overseas mail, telephone, and a lengthy paper-trail). As the internet has expanded world-wide, an online order form and instantaneous purchase has streamlined the buying process. And last, but not least, globalization has allowed people all over the world to be exposed to all sorts of different peoples and cultures. This has created demand for products that not too long ago were limited to tourism. Now when a buyer reads about a Chinese jade necklace, or an Indian Sari, or a book by an Iraqi author, they simply do a search and buy what they want. The ideals of globalization may have degenerated in order to promote the big players on the market, but we must look to the possibilities opened to us by globalization
It has made intellectual property available world-wide in an instant, whereas even 15 years ago a book would have to be shipped.
Globalization has also expanded the sales of hard-line items to a large extent, from foreign cars, to building materials, to tropical berries, to medicines, and more by opening communication lines that formerly were much more challenging and unreliable (overseas mail, telephone, and a lengthy paper-trail). As the internet has expanded world-wide, an online order form and instantaneous purchase has streamlined the buying process.
And last, but not least, globalization has allowed people all over the world to be exposed to all sorts of different peoples and cultures. This has created demand for products that not too long ago were limited to tourism. Now when a buyer reads about a Chinese jade necklace, or an Indian Sari, or a book by an Iraqi author, they simply do a search and buy what they want.

]]> http://www.globaldashboard.org/2010/01/26/confronting-the-long-crisis-of-globalization/comment-page-1/#comment-18238 Dr. Patil Sun, 07 Feb 2010 16:06:21 +0000 http://www.globaldashboard.org/?p=12756#comment-18238 An excerpt from my message to the authors of this report on globalization: "You have missed perhaps the most important element of the "Foundations for Cooperation" and why globalization has simultaneously increased both prosperity and risk/instability, which is the need to properly channel the aspirations of each individual citizen of the world in tune with the aspirations of the (progressively larger) group of which he/she is a part. Without that your "broad assessment of risks and solutions" and "an integrated picture that forces analysis" and covergae of "the scale of the task ahead" remain seriously inadequate. On that note please read below the reference to one Mr. F.W. Taylor, whose prescriptions aimed at making workers think differently have unfortunately morphed into using such incentives to reward short-term thinking. In his most notable Testimony to a Special Committee of the US Congress in 1911 Mr. Taylor said "Our opportunity lies in systematically cooperating to train and make this competent man. . . . The remedy for . . . inefficiency lies in systematic management, rather than in searching for some unusual or extraordinary man." This basic thinking was at the root of the success of many western nations and Japan in the twentieth century and was recognized as such by Peter Drucker, but your report fails to mention that much of what is currently known as globalization emphasizes the latter. On that note, in "Where we are" and "Where we need to get to" you also miss Joseph Stiglitz's argument in the Financial Times couple of years ago that the benefits of globalization are contingent upon the minimum wage for unskilled labour (through productivity gains) becoming comparable across the world. Over time that lack of focus on the individual will be the most troubling threat to international stability, not to mention a self-serving vision of non-zero-sum games by the powerful players....it took one misguided individual to almost blow up a plane over Detroit last Christmas." An excerpt from my message to the authors of this report on globalization: “You have missed perhaps the most important element of the “Foundations for Cooperation” and why globalization has simultaneously increased both prosperity and risk/instability, which is the need to properly channel the aspirations of each individual citizen of the world in tune with the aspirations of the (progressively larger) group of which he/she is a part. Without that your “broad assessment of risks and solutions” and “an integrated picture that forces analysis” and covergae of “the scale of the task ahead” remain seriously inadequate. On that note please read below the reference to one Mr. F.W. Taylor, whose prescriptions aimed at making workers think differently have unfortunately morphed into using such incentives to reward short-term thinking. In his most notable Testimony to a Special Committee of the US Congress in 1911 Mr. Taylor said “Our opportunity lies in systematically cooperating to train and make this competent man. . . . The remedy for . . . inefficiency lies in systematic management, rather than in searching for some unusual or extraordinary man.” This basic thinking was at the root of the success of many western nations and Japan in the twentieth century and was recognized as such by Peter Drucker, but your report fails to mention that much of what is currently known as globalization emphasizes the latter. On that note, in “Where we are” and “Where we need to get to” you also miss Joseph Stiglitz’s argument in the Financial Times couple of years ago that the benefits of globalization are contingent upon the minimum wage for unskilled labour (through productivity gains) becoming comparable across the world. Over time that lack of focus on the individual will be the most troubling threat to international stability, not to mention a self-serving vision of non-zero-sum games by the powerful players….it took one misguided individual to almost blow up a plane over Detroit last Christmas.”

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