Thursday, March 16, 2006

New York Times Op/Ed

I had to link this op/ed article published in new york times on 15th of March.

I haven't talked about DP world/Globalization/protectionism in this blog, but i can generally say that Americans are facing similar issues with globalization as did the British after the second world war. The movement of technology,industry and money across the Atlantic was fast by historical standards of that time, however that will seem like ages compared to what is now possible, both technologically as well as institutionally. The only difference is that the British had little to no say in their rapid decline from "hegemonic" position thanks to their losses in the world war. Don't expect the Americans to move from their position so easily.

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