Globalization—Dancing on the Head of a Pin

Forty years of American business and industry aimed at the specific goal of globalization, a term we common folk could hardly define, much less fully understand.

I think I’ve got a handle on it, but maybe I’m wrong

Basically, the American market was a shirt that was too tight around the collar for capitalism. In spite of mergers and acquisitions, big and comprehensive just wasn’t good enough for American industry and tech companies.

They wanted it all. Why be satisfied with a golden goose laying a single gold egg a day, when you could conjure up a whole barnyard of geese? There were all these emerging nations that needed automobiles and Facebook, skyscrapers and Google, investment advice and Amazon.

Only pricing was a problem, but what the hell

One of the things that happens when you leave a fat nation for the world’s skinnier markets, is that product pricing gets a little dicey. Not easy to meet skinny needs with union wages and all those fussy little American manufacturing details like…