Monday, October 18, 2010

Protectionism

The German chancellor has come up with something that is fast turning out to be the voice heard across Europe. Too fast at polarizing, guys. Alas! the world is at some crossroads which I wish did not happen during my lifetime. At one end, in the last 30 years or so, the world (read developed countries) opened up to globalization as it gave the cost savings they needed. Developing countries provided the resources, natural and human. Economies of the developed countries soared and led to the false sense of security. Slowly and steadily, their citizens kept losing their next door companies and jobs. Internal simmerings have started now which is leading to the current protectionist behaviour. Alas, you do not have a rewind button, guys. You just cannot U-turn back now.

4 comments:

Anand said...

I think she was more worried about the low end migrants from Turkey and other Arab countries rather than high end techie guys from elsewhere. I think that any country in anytime future too would welcome immigrants who bring in something (intellectually) with them...

Saro said...

You underestimate the common man's idiocy. When Indira Gandhi was shot, why were the general sikhs attacked in India? When 9/11 happened, why were general muslims attacked in US? Why did Gujarat riots happen? The common man takes the cue from the leader. The common man does not distinguish high/low skilled immigrants. Tomorrow, the common man will openly attack any immigrant. Hate crimes need a spark from the top. Combustion follows. Exhaust remains.

Harsha Gubbi said...

I see your point Saro. Germany has always been a more conservative society compared to other nations. This is like adding fuel to fire.

Anand said...

Good point...I agree! Enna valam illai indha thirunaattil...Yaen kaiyai yaendha vaendum velinaattil :-)