Global Squeeze: The Coming Crisis for First-World Nations Richard C. Longworth McGraw-Hill 1998 [ I recently posted part one of a look back at Richard Longworth's 1998 book Global Squeeze, which correctly predicted massive job displacement from China’s entry into the global trading system, describes how developing world countries would move up the value chain, predicts the erosion of middle-class standards of living, the rise of the gig economy, and the deterioration in race relations. He puts his finger on the nationalism vs. globalism … [Read more...]
Archives for February 2017
How Richard Longworth Predicted 20 Years Ago That Globalization Would Cause a Social Crisis
Global Squeeze: The Coming Crisis for First-World Nations Richard C. Longworth McGraw-Hill 1998 Whenever we see the reality of momentous shifts in society, it's always good to go back and take a look at the people who saw it coming far away. Generally speaking, there were usually people who understood what was happening in advance. For example, Daniel Bell wrote his book The Coming of Post-Industrial Society in 1976. There were probably even other earlier books touting the same theme. One person who clearly saw the challenges that … [Read more...]