Monday, October 26, 2009

Deglobalization

“...trends are fast outpacing both ideologues and critics of neoliberal globalization, and developments thought impossible a few years ago are gaining steam. "The integration of the world economy is in retreat on almost every front," writes the Economist. While the magazine says that corporations continue to believe in the efficiency of global supply chains, "like any chain, these are only as strong as their weakest link. A danger point will come if firms decide that this way of organizing production has had its day..." from "The Virtues of Deglobalization" by Walden Bello (Essay here)

No comments:

Post a Comment