Globalism and You... what you can do to make sure we all fail together

The trend to globalism has been slowing down under the weight of a global economic crisis. It makes sense, you can't really argue for increasing jobs in your home country when you're buying everything import from Asian manufacturing. Money spent in foreign countries really is risky, because it has a much lower recirculation value here at home.

The Economist (Feb 7th 2009) Ran an article about the rise of Nationalization and "Why Barack Obama needs to take the lead to bury it again."
The swing against globalism is hardly anything new or surprising. In fact if you look through the Nov/Dec 2008 Foreign Affairs journal there is a brilliant article written by Marc Levinson, ( http://www.foreignaffairs.com/articles/64614/marc-levinson/freight-pain ) that points to a number of factors (not the least of which is the implications of "going green") that are causing the formerly artificially low price of shipping to rise to a more realistic cost.

So what does this mean for the average consumer, aside from the fact that raw wealth cost (a number different from dollar price to be sure) of good has to go up? It means that unless you are ready to gear up and produce those goods in your home country you will end up having to pay the shipping cost increase. Now, since the shipping cost acts to raise the retail price directly, you will also end up paying an increase in sales tax on the item. Increased cost without increasing the actual wealth (NOT dollar amount) of the average citizen will lead to economic slowdown.
So the markets slow down 7%... so what? 7% sales reduction isn't that bad...
Yes, yes it is.
Business exists on very narrow margins. Any disruption to profit flow means that those enterprises will feel a big pinch... a pinch to the employer means a pinch to the employee.

Now with increased cost of shipping there should be a natural rise in local industry. Globalization only makes sense if you're part of the "one world organism" school of thought.
International trade is fine and good, but it's place should always be below the level of local and national trade markets. If you CAN produce it in America, it behooves our government to allow us to foster those industries here. Industries mean jobs, and jobs mean actual wealth growth.

Nationalistic Growth... it's hardly evil.