Globalization hollowed out our society.
- 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.