Category: globalization

BlackRock Chief Says Ukraine War Marks End to Globalization

Larry Fink, chief executive of BlackRock, the world’s biggest asset manager, said that the war in Ukraine will put an end to globalization as governments and businesses cut ties with Russia, while warning that a large-scale reorienting of supply chains will be inflationary. “The Russian invasion of Ukraine has put an end to the globalization…


Why Is the West Helping China Become a Competitor in the Commercial Aircraft Business?

Commentary Globalization is not necessarily a bad thing. Current problems aside, the globalized supply chain is largely a win-win. It permits manufacturers in some countries to pick and choose the best subcontractors and components, while allowing companies in other states to specialize and build up core competencies. Consequently, we have “world cars,” with parts produced…


Victor Davis Hanson: The ‘Era of Intimidation,’ Tribalism, and Elite Contempt for the Middle Class

“A very dangerous pre-civilizational pathology is tribalism…I hire my first cousin—and not the other person who’s better qualified—because he’s part of the tribe,” says classicist and historian Victor Davis Hanson. Now, “we’ve gone back in a retrograde fashion to a pre-civilizational mentality,” Hanson says. In this episode, we discuss his latest book, “The Dying Citizen:…


Potential Risks and Butterfly Effect of Economic Globalization

Commentary In the past year, various potential risks of economic globalization have gradually surfaced. A series of events raised the alarm, including the COVID-19 pandemic, the U.S.-China cold war, the global chip shortage crisis, skyrocketing shipping costs caused by a global shortage of containers, and the unexpected blockage of the Suez Canal. Economic globalization has always…


Decoding Social Media Censorship by the Issues

Commentary Free speech is under ferocious attack by Big Tech social media platforms. This is generally viewed as an attack against conservatives on that basis alone. Consequently, the reverse side of that coin views Big Tech as left-wingers in cahoots with Democrat operatives, both of whom have ganged up to gain a political advantage. I…