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Are we globalising or localising?

I consider myself a citizen of the world.  I guess that’s because I fly around so much.  Everywhere I go, I find the same thing.  Warm, fantastic people who welcome me like a brother and complain about the idiot running their country.  This is common to every country, just that some idiots are more extreme than others, which is why the people suffer while those in power gain.  That is our way of life.

However, as a citizen of the world, I underpin that statement with the fact that the world has globalised. We are all networked.  We can all connect, online, non-stop in real-time.  We can all connect by jumping on a cheap flight that spans countries, continents and the world.  The world is connected and integrating.  That is one of my dreams.

I dream of a connected and integrated world because, if we are all connected and if we can all talk, we start to understand each other.  Talking breaks down barriers.  If we can all understand that we are all the same – just people who want good lives for ourselves and our families – and that we’re all run by idiots, then maybe we can do things differently.

That is why I don’t think we will ever see another world war.  We see wars, sure, but they’re localised.  Over time, based upon current trends, wars will dissipate and gradually disappear.  Over time, based upon current trends, we might even end up with an united world.  A world united on technology networks, where everyone can connect and transact and talk.  If we all talk, we become one world.



Yea.  I’m smoking the wrong stuff and believing my own small world.

Brexit and Trump prove that the world is not globalising.  It’s localising.  The person on the street does not want BIG government.  They want local government.  They don’t’ want open borders and free migration; they want walls and security.  We don’t trust each other; we only trust ourselves.

I’m a little bit disappointed with this view of the world but can understand it, as there are those of us who are global and those of us who are local.  The majority of the world is local.  The majority of the world is not jet-setting and travelling non-stop.  They stay in their towns and villages and have their family around them.  I guess I’m an exception in that I have seen most nooks and crannies of the world’s big cities and therefore have a different view of the world.   That view is based upon almost every country today being formed of migrants.

Europe has seen mass migration in the past fifty years since the European Union was formed.  America is built by migrants.  Singapore is full of expats and many other countries have a diversity of population that shows this world is global.  It’s not global.

So we have this friction between rejecting globalisation and our connected world and those who want to protect their borders and try to shut down these connections.  Which will win?  What is right?  Who is wrong?  Is there a right and wrong?

I have no idea but what I do know is that the more we connect, the more we know, the more we relate to each other, the more peaceful we become. If we dream of world peace, then we must dream of a connected, globalised world.   That’s my view anyway.  Let’s see what happens.


About Chris M Skinner

Chris M Skinner
Chris Skinner is best known as an independent commentator on the financial markets through his blog, the Finanser.com, as author of the bestselling book Digital Bank, and Chair of the European networking forum the Financial Services Club. He has been voted one of the most influential people in banking by The Financial Brand (as well as one of the best blogs), a FinTech Titan (Next Bank), one of the Fintech Leaders you need to follow (City AM, Deluxe and Jax Finance), as well as one of the Top 40 most influential people in financial technology by the Wall Street Journal’s Financial News. To learn more click here...

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  • Sheila Donohue

    I totally agree, except with the spelling: it’s Globalizing and Localizing!

    Seriously, the problem is that globalization brings with it efficiencies which has negative impacts to ‘western european’ middle class people. The way that politicians want to combat it is to introduce inefficiencies which will come back to bite us. There is not an easy answer!

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