WP. It was just the scene the French government had been dreading: burning cars seven blocks from the Eiffel Tower, shop windows smashed along one of the capital's toniest streets, and columns of helmeted riot police advancing across the greensward of a prominent tourist venue... "My country is broken," said Ethuin, gazing at the smoldering automobile carcasses a few yards away and the carpet of glass shards, broken dishes and computer pieces covering the sidewalk in the heart of one of the city's most affluent neighborhoods. "I never imagined I would ever see this in Paris."It looks like France is feeling the effects of globalization early. It may be the canary in the coal mine for many western societies as off-shoring sucks away jobs at an ever increasing rate. See Blinder:
Sometimes a quantitative change is so large that it brings about qualitative changes, as offshoring likely will. We have so far barely seen the tip of the offshoring iceberg, the eventual dimensions of which may be staggering... That said, we should not view the coming wave of offshoring as an impending catastrophe. Nor should we try to stop it. The normal gains from trade mean that the world as a whole cannot lose from increases in productivity, and the United States and other industrial countries have not only weathered but also benefited from comparable changes in the past. But in order to do so again, the governments and societies of the developed world must face up to the massive, complex, and multifaceted challenges that offshoring will bring. National data systems, trade policies, educational systems, social welfare programs, and politics all must adapt to new realities. Unfortunately, none of this is happening now.Resilience isn't limited to security. It is also tied to economic prosperity. There aren't any answers to this on the national level. The answer is at the grassroots level. It is only at that level that you get the flexibility, innovation, and responsiveness to compete effectively. The first western country that creates a platform for economic interop and at the same time decentralizes power over everything else is going to be a big winner.