I wonder if this is still true today and if globalism will ultimately make us worse off?
I wonder if this is still true today and if globalism will ultimately make us worse off?
More importantly, it seems that the fragmentation in Europe allowed "peer pressure" to avoid descents into authoritarianism that would have limited intellectual innovation.
And that fragmentation did not fragment "the market". ("Political fragmentation existed alongside a remarkable intellectual and cultural unity.")
So: as long as globalization doesn't limit individual intellectual innovation, it might be a good think because of global unification. Competition helps drive innovation, but it doesn't have to be state competition and political division.
Although we see today somewhat institutional monopolies I wouldn't like to predict how long those will last and how long they will be stable especially since it's a complex system. We are, after all, only beginning globalisation (in the sense of collective global system coordination) and will probably (re)discover new mechanisms along the way.
If the internet is an example, that doesn't happen.
Not an attack, but an actual question.