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April 08, 2005
Blogging For Globalization
T. Friedman, since
...individuals and small groups globalizing. Individuals must, and can, now ask: where do I fit into the global competition and opportunities of the day, and how can I, on my own, collaborate with others globally?
Further, and I harp back to my previous analogy of Maine moving next to Texas, network infrastructure has increased the value of networks a la Metcalf.
...the Netscape stock offering triggered the dot-com boom, which triggered the dot-com bubble, which triggered the massive overinvestment of billions of dollars in fiber-optic telecommunications cable. That overinvestment, by companies like Global Crossing, resulted in the willy-nilly creation of a global undersea-underground fiber network, which in turn drove down the cost of transmitting voices, data and images to practically zero, which in turn accidentally made Boston, Bangalore and Beijing next-door neighbors overnight.
On the flip side of this, Cobb unintentionally touches on what this globalization means for ordinary americans like your humble author. In my analysis, the melting pot and the global village are converging. I don't think our country's constitution is flexible enough to accomdate that convergence. I don't mean the document, but everything except the actual document by Mssrs. Jefferson et al.
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Posted by Noel at 05:33 PM
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