Globalization hollowed out our society.

· Bits and Bobs 6/1/26
  • Globalization hollowed out our society.
    • Capitalism pushes for optimization, for example centralization.
    • But society needs resilience across multiple dimensions.
    • It's fine if capitalism is in tension with other forces, but when it runs without opposition it pushes society to a brittle state.
    • Globalization has led to the existence of chokepoints, like Hormuz, Taiwan, and that one Philips spin-out in the Netherlands is upstream of every competitive manufactured chip.