Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
I'm not an economist, and don't know enough about it to have a sensible opinion. But it's pretty clear that "globalism" is not a new phenomenon.

  • The Eastern spice trade spread ideas (and plagues) across all of Asia and Europe.
  • The African salt trade supported travel across the Sahara even in the 15th century, and was associated with the slave trade.
  • America was settled by Europeans, and there was considerable trade in goods, services, and workers between the continents.
  • The British farming system collapsed in the late 1800s due to imported grain and meat from America and Australia.

I'm not sure what is so different today from how it's always been...
by asdf on Mon Feb 27th, 2006 at 08:45:42 PM EST
in a word, speed...?

and I'm thinking of Glick's book Faster, among other things.

air travel speed vs clipper ship or even diesel ship speed;  internet speed vs air mail speed or even telex, telegraph, fax speed.  fantastically complex embezzlements can now be perpetrated in the blink of an eye, clever Ponzi schemes grow and crash in a day's trading;  whole economies can be crashed in a few days of predatory currency speculation.  things could collapse fast in the old days too, but usually not such large things, or at least that's my impression...

The difference between theory and practise in practise ...

by DeAnander (de_at_daclarke_dot_org) on Mon Feb 27th, 2006 at 08:58:26 PM EST
[ Parent ]
Dear asdf, I agree with you that global factors played an important role back in the past( as you have mentioned), but now we live in a time of great technological, economic, and political transformation.
The speed and the global scale of the occuring events are essential. I do not want to engage in predictions, but if there is a major crisis, which will shatter the society, it will probably happen overnight, not in the span of years as it was back in history; and the problem is that we will not be prepared for it.

I'm not ugly,but my beauty is a total creation.Hegel
by Chris on Tue Feb 28th, 2006 at 06:47:36 AM EST
[ Parent ]


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