a lot of what has been said depends greatly on what type of technology comes forward as the alternative....one of the unique factors about oil as the source of energy has been its disparate source, with some nations having no assets and others having an abundance....
this has driven civilization in many ways, but certainly within the economy it has the impact of adding a cost of transporting the energy to where it was used....
if other forms of energy, such as solar, become economically cheaper then the transportation of the energy source will no longer will play a part....a solar powered ocean transport would be as possible as a solar powered city in the Himalayas, and would likely use the same type of system....
Globalization got its start when Europe sent the first caravans to China....I rather expect that those first spices and silks were extravagently expensive....
if some other part of the world offers something unique, and someone can afford to buy it, then someone else will find a way to get it to them....
what might end globalization then, is if no-one has anything unique or no-one could afford to buy it....
__________________
shouting the understatement . . . . . .
|