Tuesday, February 21, 2006

The end of all Nations

The creative destruction will come in the form of a disconnection of capital and the historic concept of the nation state. In this period American capital will disconnect from the American people. You might well see US companies like Caterpillar, Microsoft doing exceptionally well but the ramifications of this success will unlikely bear good news for the US worker in either skilled or unskilled labor growth in the US economy.

These companies pledge no allegiance to any country, they source the physical or intellectual resources from the nation state that provides the best value for money.

So in a sense the East vs West argument on either side is one of the central concepts that will be destroyed, east vs west will merge and through free trade resources will compete wherever those resources might happen to be geographically, companies will hold no allegiance to any particular geographic nation.

Debating whether labor advantage or innovation advantage will hold eventual primacy is a debate of the old paradigm when contextualized against old concepts of nations states.

When we look at the real productivity increases in the US economy its not US workers who are becoming more productive its US corporations implementing offshore labor supply or inshore technological innovation, record year on year productivity is less a sign of a healthy economy and more a sign of US workers becoming less competitive in the global free labor market.

In this era “Multi Factored Productivity” ,Nations will compete to attract intellectual , innovative and financial capital by providing the most competitive and attractive form of society.

The question is not whether the East or West will win but whether a particular country provides the best environment for these elements to flourish. Many American companies are in essence no longer really American companies, they might retain strong American brand recognition to achieve market objectives but in reality they will become global long before governments become global an in the process create the economic tensions social change our relic systems of government.

3 Comments:

Blogger Cherry! said...

Touche, Zorro, touche!

Intense writing, but definitely food for thought. The East will win. Be sure of that, Mr. Zeeeeeee! No doubt.

I urge you to check out the conditions of your average layman working in Dubai. No shit. Waiting tables, barristas, labourers, hotel employees and the like.

You've inspired me to write about that on my blog.... I heart you Zorro!

PS How on earth did you know one of my many nicknames is 'Little Slutty'. Who is that lurking behind the mask Zorro?

PPS Where in Syd are you from etc? Tell me more, Zorro, tell me more for I come from the Land Down Under where peeps smile and allegedly give you a vegemite sandwich (I'm all about wheat and gluten free though so I'd be like *hair flick* 'no thanks but keep smiling biatch'). and Syd, no less!

Saturday, February 25, 2006 6:40:00 PM  
Blogger Cherry! said...

PPPPPPPPPPPPPS: Apparently, according to Bessie Bardot, salami has gluten in it, but I am a salami whore and eat that shit by the truck load. it's my exception to this 'wheat and gluten free' rule I attempt to live my life by...

Saturday, February 25, 2006 6:43:00 PM  
Blogger Zorro said...

Bessie didnt tell me that and it depends how you take it, me I am a man whore for salami its so nice yum and cheese if I die I hope heaven is made of cheese.

Saturday, February 25, 2006 7:32:00 PM  

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