Recently, I was in the business library of the University of Wisconsin - Madison, my alma mater, three times over. I was searching for current books on global business strategy.
As I reviewed the various titles, it dawned on me that in fact globalism may be reaching its limits. Here is why.
If the cost of oil rises, and there are strong indications it will, there will be a breakdown in low-cost transportation on which the global economy depends.
Gerald Celente, and other trend forecasters, argues that we are going to move into "local" production of products and services, and away from globalism.
Globalism is a mantra. How does it align with current trends in energy prices?
Think Warren Buffet. He recently purhcased a huge railroad system because he is betting on a spike in oil prices and a collapse of trucking in its wake. This means it will be more economical to produce locally than to transport globally.
Trend forecasting challenges assumptions. It is an assumption that globalism will contine to trend into the future.
I shared these thoughts with the young man who checked out my book selections. It really caught his attention. He, too, is now reflecting on the viability of globalism as an ongoing trend.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment