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Add all the capacity you want. It won’t reverse the country’s long decline as a manufacturing superpower if corporate America keeps gurgling its sad, tired story about the impossibility of making things on these shores anymore. It’s a story that helped pour a whole lot of wealth into the executive pockets peddling it. But half a century of self-inflicted damage is enough. The doors have fallen off, and it’s plain for all to see: The story was barely bolted together.
~ Jerry Useem via The Atlantic

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The more democratic the world’s societies are, the more idiosyncratic they will be, and the more their economic rules will diverge. But that is exactly what businesses cannot tolerate — at least not under globalization. Money and goods must be able to move frictionlessly and efficiently across borders. This requires a uniform set of laws. Somehow, democracy is going to have to give way.
~ Christopher Caldwell

via This Maverick Thinker Is the Karl Marx of Our Time
published by The New York Times on November 28, 2024

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