The dangers of an increasingly globalized supply chain for food and drugs are already visible. With imports and scandals rising, and government funding decreasing, the FDA will have to focus their limited resources to protect public health.
Like it or not, even a capitalist economy is a system in which your actions affect other people. Your freedom to swing your fist ends, famously, at the tip of my nose, and what you buy and don't buy affects other people.
The state of the world is fraught with unprecendented imbalances and tremendous risks, and institutions are struggling to keep up with the changing times. Our only way out will be to make decisions that consider all stakeholders.
We all want to cut taxes. Globalization is nothing more than production looking for a cheaper country to produce. We can cut taxes by eliminating the corporate income tax and replacing it with a 5% value added tax.
When we ask ourselves why we are committing military might in Libya (or Afghanistan, or Iraq), we're really asking bigger questions. What is our purpose in the world? What is the story that defines our friends and our foes?
It is argued that multinational corporations have the right to arrange their business as they see fit in order to maximize profit. But if that is the case, do beleaguered American taxpayers have to foot the bill?
When people become scared, or when their view of who they are feels turned upside down, they may unconsciously retreat into beliefs and behavior that promise restoration of what feels lost or endangered.
Our culture, addicted to global success stories, is making it increasingly difficult for the overwhelming majority of people who make a decent living through hard work, but do not belong to the global ruling class, to feel that they matter.