Barry Lynn: The Global Market and Nation States (6/7)

The transcript discusses the impact of the Japan quake on industrial production, highlighting the concentration of control over key components and the resulting risks. It reviews historical industrial crashes and their causes, emphasizing the role of globalization and the dismantling of antitrust laws in increasing industrial risks. The speaker argues that the concentration of industrial control, not globalization or outsourcing, is the primary issue, and calls for a reevaluation of current systems to mitigate potential disruptions.

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