- We haven't even seen globalization yet; expats are still a minority and the inertia people face in relocating is still very large and a major part of international trade is done under the umbrella of big companies moving materials around and in accounts.
- What are often bemoaned as the failures of capitalism are in fact symptoms of corporatism and corruption, not capitalism itself.
- Capitalism shouldn't be unbounded and companies should be trusted to self-regulate; there are too many conflicts in interests, and besides, even in sports you always need someone to set and enforce the rules. I don't think there's an inconsistency here.
Monday, October 24, 2011
Random thoughts
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