This is sort of the flip side to my post from yesterday – The case against globalism.
Recently listened to a professor from Hillsdale College, Victor Davis Hanson.
He discusses many things but one of his key subjects is WWII and how it was won and lost. One of the points he makes is that, the US and British won because they collaborated. Germany didn’t collaborate with Japan.
This is where globalism has it’s point that makes sense. Say I make a really great laptop. It’s amazing, it’s fast but the screen isn’t the best. But in Japan they make the best one. Certainly through collaboration, one could make the best laptop.
I think for the sake of business, collaboration between companies, even competing companies is the difference between those that will win amongst those not collaborating.
My example would be say Ford and GM to compete with Tesla. That example may not be the best for many reasons, one being many auto companies work together in different partnerships. In the case of beating Tesla, Ford, GM, FCA would need to come together and make a complete electric push to beat Tesla’s technological gains at this point. That is where the collaboration would work and possibly win.