Chapter
The Future of Globalization and Decentralization
20:01 - 27:05 (07:03)
The speaker discusses the challenges of globalization and the possibility that governments may become less important in the 21st century, leading to a shift in power dynamics between countries and companies. While globalization has transformed the way businesses operate, it has also had negative effects on the average American worker.
Clips
The US granted China permanent normal trade relations in 2001, allowing them full access to US markets.
20:01 - 23:35 (03:33)
Summary
The US granted China permanent normal trade relations in 2001, allowing them full access to US markets. This was done in exchange for guaranteeing China's vote when the US went to war with Iraq in 2003.
ChapterThe Future of Globalization and Decentralization
EpisodeE27: The Great Inflation Debate, Amazon gets spicy on Twitter, rethinking supply chains & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
Some have speculated that governments may become less important in the 21st century as globalization transforms the way businesses operate in different countries, leading to opportunities, but also concern about a "looming enemy" that could strip American influence around the world.
23:38 - 27:05 (03:26)
Summary
Some have speculated that governments may become less important in the 21st century as globalization transforms the way businesses operate in different countries, leading to opportunities, but also concern about a "looming enemy" that could strip American influence around the world. Despite its impact on the average American worker, globalization has changed the relationship between politics and businesses.