Relocalization, not Globalization, for Singapore
Relocalization, not globalization, is the way forward for Singapore and the rest of the world. However, I doubt that relocalization efforts will take place until we enter the collapse phase of panarchy theory (see article below), but then it might be too late to prevent a societal breakdown. The 2008 oil crisis and financial panic ought to have awaken us to the fragility of a globalized world. Instead we are calling for greater economic integration and free trade - talk about insanity - doing the same thing over and over again and expecting different results. We are sacrificing long term ecological sustainability and balance for short term paper profits. Monetary abstractions will be of little use after we extract and exhaust all the minerals and resources from the earth in this lifetime. This will not end well.
Relocalization, not globalization, is the way forward for Singapore and the rest of the world. However, I doubt that relocalization efforts will take place until we enter the collapse phase of panarchy theory (see article below), but then it might be too late to prevent a societal breakdown. The 2008 oil crisis and financial panic ought to have awaken us to the fragility of a globalized world. Instead we are calling for greater economic integration and free trade - talk about insanity - doing the same thing over and over again and expecting different results. We are sacrificing long term ecological sustainability and balance for short term paper profits. Monetary abstractions will be of little use after we extract and exhaust all the minerals and resources from the earth in this lifetime. This will not end well.
