December 25, 2020

The Evolution of the Global Village

#globality 

There were positive effects of the 2020 Pandemic. It exposed the vulnerabilities of a global,  complex  supply chain that could be so easily unbalanced. Once again both capitalism and socialism failed to stand up to a global threat. Neither system could embrace the synergistic cooperation needed to pull the entire globe out of the quicksand of total collapse. The capitalist societies competed with each other for limited financial and material resources. The socialist societies rationed those resources to the point of diminishing returns for everyone alike. Neither side knew how to rise above the legacy of the Industrial Park and balance the disparity on a global scale.



Eventually,  Resident leaders evolved who were able to co-create and reengineer the institutional, industrial and socio-economic fabric of the emerging Global Village. The pandemic brought disparity and suffering to everyone alike. This could not be mitigated by competition. That would be like beating a dead horse. Nor could it be mitigated by spurts of cooperation. That simply led to rationing and eventually, extinction. 

There were many benefits to having separate countries around the world. Each group could preserve its  culture and help spawn new industries. But the biggest benefit to the Industrial Park was the innovation spurred by competition between countries. This competition helped push the nominal standard of living to increasingly higher levels. However, by 2020 the world was in dire need of a trusted consortium of global authorities able to  address converging global issues such as climate change, food insecurity, and wealth inequality. Without such a trusted entity, problems would fester until the planet imploded into global warfare and social dysfunction. The relationship between the Global Village and Global Real Estate is symbiotic. If the real economy collapsed, the Internet of Things  would go down with it.

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