The main trouble with 'globalization' is that it's either seen in the context of the political punditry or it's being exploited by the 'greed' (and, many times, silliness) of the busy-ness (business, if you must). Noone is presenting a view that indicates the naturalness of this phenomenon or that attempts to paint what are the attributes that have universal appeal when expressed properly.
That last wouldn't be far from a 'manifest destiny' for mankind which would include a world view beyond the planet, so why the extreme arguments about collections of dust. The former cannot be handled by science which has painted itself into the corners of materialism and reductionism which, by the way, are not insurmountable barriers (it'll take some gall to argue with those hard-minded folk to allow that science based upon the study of the human far outpaces any other to date, yes even cosmology - truth engineering argues a 'human-in-the-loop' framework that is motivated by quasi-empirical issues).
In the history of the planet, there have always been movements from one place to another. Just think of the hapless insect carried to new regions with the wind. Mammals, and birds, allowed for some interesting migrations. Human trekking is something that we will continue to study, the latest realization (and, perhaps right) of which is the basis for the appeal of new things, like the 787 whose OEM was founded upon a particular point of the planet which is the latest cauldron for mixing out new things.
That same planetary point being associated with the moral-hazard-reinforcing Fed whose actions yesterday were (and this will be shown, via further discussion) based upon an antiquated model.
So, we move; and, we do so in all sorts of spaces, the web enabling a whole new order (hey, guys and gals, that thing can detract from what preceded it and what is more of more power - hint, human-in-the-loop) that is kin to what ails the economy (capitalization being held hostage, essentially, see above).
So, why ought not our abstractions move? What? Well, tasks and jobs, for one thing. As well, given the increased communication ability, wouldn't space then collapse? Giving us what some programs are finding hard to control, that whole new realm of the dispersed team, to wit, the motivation, originally, for this blog.
As an aside, those with the greedy minds did early exploitation because they could get labor-asset outputs for next to nothing. It is real nice to see that those in places, like India, who see this disparity eventually get to where that gap diminishes; yet, such progress does not reduce the potential for partnership in the least, except in minds that are not seeing globalization for what it really is (ought to be).
So, we have the natural progression of humanity as one side of globalization, but we also have now the technology enablers which now are more masters than servants, due in part to their being warped by too much management and too little labor input into what needs to be done.
Related concepts will be 'sustainability' and such; so the subject is large.
However, finance is only one player; currently it's gaming based. Maintainability is something that the finance guys ought to be learning from the mathematicians, engineers, and physicists rather than winning games; that there is a problem first needs to be described; then, we'll have fun with defining answers, proposing experiments, and enjoying the new insights.
08/01/2013 -- Ben cannot unwind or taper down; he has too many Doves. We'll have to get back to the king thing (yes, the divine rights of the CEO, new royalty, in other words) and dampening of these types by a new outlook (Magna-Carta'ísh).
12/08/2009 -- Consider Paul and current CEOs.
09/09/09 -- The pursuit can raise some other types of issues.
06/15/2009 -- Globalization, and capitalism, now a dirty word, according to one in private equity.
10/02/08 -- Recently, the old models failed. Or, to put it into other words, the Wall Street model of the past couple of decades crashed down. The US taxpayers are on the hook to save those who took more than their share.
Now, it's becoming obvious that what we're seeing is a new type of colonialism develop under the auspices of business. That is, globalization. The advent of the trans-national entity of this type portends all sorts of dynamics that we'll need to understand better.
You see, we're very experienced with trans-national issues that are political and social.
Oh yes, too, there is the strike at Boeing. Does business seem to have the idea that they have already colonized labor?
Small Narrowbody Aircraft
22 hours ago