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Friday, November 04, 2005

 

The American Banana Split

Digitally Yours, Revolution: The American Banana Split

MSTORRES over at Digitally Yours, Revolution raises some of the important questions that come up when you start to think about our place in a global economy. She asks:
What is the industrial policy?
How would putting up walls or regulations on outsourcing help us? Wouldn't that just give a greater advantage to other economic strong arms such as China?
Does it make a difference to buy or support companies that do not outsource?

Unfortunately, in order to understand the digital revolution you need to understand some basic political economy. Understanding globalization, world trade, out-sourcing, post-industrial society, etc., these are some of the big ideas that you need to grapple with if you are going to make sense of the 21st century.

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