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Everything is sped up and intensified and pushed out to the masses now.Black, we live in a far more globalized world then we did in 1920 or even 1960, I could get on Facebook, MySpace, and have conversations this very afternoon with people in most countries all over the globe. Regrettable or not, we don't live in a vacuum anymore. If some major bank in Tokyo, Japan fails, all of us hear holy hell on it in most major markets on Wall Street.
But that same line of argument was used at the turn of the century, when the world in many ways was more globalized than it is now.
But what does that have to do with foreign policy?
Are you saying we should dictate how Japan runs it's banks?
I would think, as always, there is risk and reward.
If you don't like the risks of doing business in some corner of the world, don't do business there. Otherwise, accept the risk and don't demand that the government in that part of the world be changed to one that will adopt practices you accept.
The world can be interdependent and diverse. It is an option. But the oligarchy doesn't like diversity in systems too much, because it undermines economies of scale and efficiency. Over time it is desired that the world be homogenized.
And that's not a world that's very interesting to me. I think good fences make good neighbors. Meddling leads to animosity, whether among friends, nieghbors or nation sates.