To be clear, I think Jack Ma is overly optimistic in his views on Trump, or it’s possible that he is keeping things diplomatic since his interest lies in expanding his business model to the U.S. While a phenomenal entrepreneur, my opinion is he’s not necessarily woke to the […]
That is good big picture thinking. I forget which business magazine it was I was reading, but I believe the source was PayPal- and they were analyzing transactions of their business customers. They found that a large percentage of small businesses were selling $0 outside of their home country. And yet the Internet makes it more possible than ever for small business to expand its sales territory and reach billions of additional customers. There’s a know-how gap but there’s also an awareness gap. Small businesses are more poised than ever to take advantage of the global economy but for many, it’s a blind spot. Perhaps a Chamber of Commerce that is attuned to this problem can improve small business education so they’re aware of this opportunity and guidance on how to take advantage of it.
It took someone from China to say this. No one in the American political left that was trying to justify globalization could paint a realistic but also idealistic vision of what globalization could be. Or they didn’t do so in a coherent way during the election.
Globalization had been demonized (and rightfully so) because it had always been the western neo-liberal brand of predatory and one-sided globalization, where only a few big fish get to play the game, squeezing everyone else out of the loop, making many to go work for them in shitty jobs as expendable widgets (low paying service jobs on one side of the ocean, and even lower and worse sweatshops on the other side). So as long as peace can be maintained, it would be quite exciting to see how this new brand of benevolent globalization can change the world landscape, where more players get to play the game, with more opportunities to be the head of a chicken as opposed to the butthole of a phoenix. It won’t be all rosy either, but at least some kind of change rather than more of the same. How long that will sustain is always going to be an issue, because in any competitive system or platform, it’s only a matter of time that new big boys will emerge from this primordial soup of small businesses and corner things for themselves, and the cycle repeats itself until perhaps a new “platform” is setup. But that would be way way off in the future.