One of the most blatant glaring flaws of “globalism” is that every third world country is a low trust society, they will scam, deceive, and flat out steal and consider it justified. When you import these people (no matter iq or ability) this mentality carries over.
When you have no grounding principles in society it will inevitably collapse, this is because the cost to maintain that society skyrockets. Thinks of how much the US currently spends on security, whether physical ($21 billion on home security systems alone) or digital ($71.79 billion estimated in 2023). This doesn’t even touch the cost of government corruption, corporate corruption, or “multiculturalism”.
The reason nations develop is when they can maintain a cheap security and general wellbeing. This only occurs in high trust societies, when you reduce costs in an unnecessary market you allow allocation and expansion into other markets. This was common sense for centuries of western society, the entire basis of capitalism was founded on the auspices of a high trust society, same with the republic.
Right. Even the low trust areas in the US. Like crime heavy neighborhoods, are more expensive to operate businesses in.
You need a lot more active security and you can't just expect a low level of loss and factor that into prices. You end up needing to spend so much on security that many businesses exit