The Globalization is morphing into Glocalization as production begins to occur everywhere, and not just in China. As a result, it is no longer true that the East is the future and the West is the past. Now everywhere is the future and the idea that any one location has a monopoly on the future has now passed.
Pipe dream Pippa. Fossil fuels may be able to be replaced by nuclear but solar and wind can't power the globe. It takes too much diesel to dig up 500,000 lbs of lithium to build a car battery
Great article but not sure how electrification of the planet, radical emf exposure and lab grown meat along with fake food is a benefit to mankind. Sounds like ideas supported by the WEF. You’ll own nothing and like it.
There is a book I once read called location in space: a theoretical approach to economic geography. It explores why geography may matter to trade and as a thought experiment on one extreme is to imagine an infinite flat plane where all goods are created locally and uniformly and thus there will be no trade because one area is identical to the next. This is what I thought of when I read this and wanted to share in case you too enjoy economic geography.
Really enjoyed the article and the positive spin on the topic for a change. Do you envision that new markets coming online as producers of goods are going to counterbalance the widespread demographic decline?
A very optimistic take and parts of it sound very appealing. Besides more local production we also need to reduce resource usage, since energy is imported from far for many countries and there are no locally available alternatives that offer the same inputs.
I wonder if the dislocation, higher inflation, higher rates that will result as we move from the cheap goods/cheap interest rate world to the Glocalized world is being underestimated
Interesting and optimistic article, which alone qualifies for a "like" given the material I am reading from most of the folks I subscribe too (many of whom have interviewed Pippa more than once).
I guess I was thinking globalization was temporarily dead but can appreciate what Pippa says as "globalization" takes over.
Now as to my thoughts..... I just don't see or hear the "people" Pippa talks about who want EVs not ICEs and laboratory meat not real meat from an animal. Pippa clearly mixes in different circles than I do! What I do see is an increasing backlash starting and fermenting all around me. I do not reject Pippa optimistic tone more predictions of the future, but I just can not see this "transition" being without massive cost and likely violence. It appears to me that the covid pandemic coupled with climate change alarmism, is dragging us into a world of real pain and rejection of government policies. I believe the left in the US will desperately try to make the November elections about Abortion and Gun Violence, but they will fail. It will be about rejection of recent policies and the soaring cost of living increases. It will lead to a massive backlash as the fickle voters take aim at the current administration. The new one (with a landslide majority in both houses) will end the current administration policies (including the feckless and dangerous approach to the current Ukraine crisis) with a short ....sharp .... shock.
Consequently I am not at all optimistic about anything really..........
I love your optimistic tone. Humans are amazing adaptable creatures.
Pipe dream Pippa. Fossil fuels may be able to be replaced by nuclear but solar and wind can't power the globe. It takes too much diesel to dig up 500,000 lbs of lithium to build a car battery
This reminds me of the famous scene in “When Harry met Sally”. Whatever you had for breakfast, I want the same!
👏👏👏👏👏👏👏👏..Well done!!(again)
Great article but not sure how electrification of the planet, radical emf exposure and lab grown meat along with fake food is a benefit to mankind. Sounds like ideas supported by the WEF. You’ll own nothing and like it.
There is a book I once read called location in space: a theoretical approach to economic geography. It explores why geography may matter to trade and as a thought experiment on one extreme is to imagine an infinite flat plane where all goods are created locally and uniformly and thus there will be no trade because one area is identical to the next. This is what I thought of when I read this and wanted to share in case you too enjoy economic geography.
Thanks for your work and putting it out there for free, I appreciate it. But **** the lab meat and *** eating insects.
Really enjoyed the article and the positive spin on the topic for a change. Do you envision that new markets coming online as producers of goods are going to counterbalance the widespread demographic decline?
A very optimistic take and parts of it sound very appealing. Besides more local production we also need to reduce resource usage, since energy is imported from far for many countries and there are no locally available alternatives that offer the same inputs.
An interesting read. All shifts in economic structure will be painful for some and beneficial for others.
I wonder if the dislocation, higher inflation, higher rates that will result as we move from the cheap goods/cheap interest rate world to the Glocalized world is being underestimated
Interesting as always insightful !!!!!!
Interesting and optimistic article, which alone qualifies for a "like" given the material I am reading from most of the folks I subscribe too (many of whom have interviewed Pippa more than once).
I guess I was thinking globalization was temporarily dead but can appreciate what Pippa says as "globalization" takes over.
Now as to my thoughts..... I just don't see or hear the "people" Pippa talks about who want EVs not ICEs and laboratory meat not real meat from an animal. Pippa clearly mixes in different circles than I do! What I do see is an increasing backlash starting and fermenting all around me. I do not reject Pippa optimistic tone more predictions of the future, but I just can not see this "transition" being without massive cost and likely violence. It appears to me that the covid pandemic coupled with climate change alarmism, is dragging us into a world of real pain and rejection of government policies. I believe the left in the US will desperately try to make the November elections about Abortion and Gun Violence, but they will fail. It will be about rejection of recent policies and the soaring cost of living increases. It will lead to a massive backlash as the fickle voters take aim at the current administration. The new one (with a landslide majority in both houses) will end the current administration policies (including the feckless and dangerous approach to the current Ukraine crisis) with a short ....sharp .... shock.
Consequently I am not at all optimistic about anything really..........
Not everything can be produced locally, high-tech in particular. But food and service, yes. It sounds like a complex restructuring of supply chains