End of the Line: The Rise and Coming Fall of the Global Corporation
The problem with globalized outsourcing, formerGlobal Businessexecutive editor Lynn warns, is that "a breakdown anywhere increasingly means a breakdown everywhere," as when a 2003 earthquake in Taiwan halted semiconductor manufacturing for a week, negatively affecting American electronics firms. National security, he argues, is jeopardized by this "hyperspecialized and hyper-rigid production system" as well; for Lynn, until the NAFTA-izing Bill Clinton came along, our trade policy had been for two centuries designed to prevent such potential catastrophes. Lynn has a knack for finding attractive, easy-to-grasp models from the contemporary business scene—such as using Dell's rise in the 1990s to explain the triumph of logistics management—but readers sometimes have to wade through heavy doses of economic theory to get to the livelier sections. Though some might view his concerns as excessively alarmist, Lynn delivers a welcome new facet to the antiglobalization debate, moving well beyond the stale "corporations are evil" argument to lay out a worrying economic overview.Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.