Is globalization really good?

I believe that all of you would watch the remaining 12 minutes of the video documentary by Jonah Norburg on 'Globalization is good'.

To me it is an eye-opener from a lot of perspectives:
1. It shows us an interesting case of the positive impact of 'global capitalism'
2. It provides a cross-country comparison wherein the experiment related globalization was done and not done.
3. It provides a three-sided view of a country globalized, country globalizing and country which wants to stay away from it.

However, there remain more than a few questions to be answered:
1. Is it really the case as Jonah argues?
2. Is this really a balanced argument?
3. Isn't the latest recession a phenomenon which was brought on to us by the 'global capitalism' which Jonah describes as globalization?

What is your perspective on this? Debate it out.

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Samsung Electronics: Case of competitive Advantage

Samsung Electronics study reveals that it possesses both 'cost leadership' and 'differentiation' advantages in the memory chip business. How is it possible for a manufacturer in a commodity business to achieve the same?

I would like to ask three questions:

1. What do you think are the underlying reasons for Samsung attaining both these advantages?
2. If Samsung is able to do it, why can't other firms achieve these advantages simultaneously? If you know any firm with both these advantages do share examples also.
3. If a firm possesses one of these advantages and wants to attain the other advantage simultaneously what route should it pursue?

Hoping to read your views on these issues soon...

Happy learning...

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