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Interviews + Opinion

The Devaluation Effect of Globalization

Craig DiLouie February 17, 2009

Kevin Willmorth sums up the tradeoffs of globalization in his lighting and energy conservation blog.

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He makes the point that the U.S. economy is currently overly focused on taking profit from a devaluation process instead of one that builds value. The long term result is a loss of competitiveness and erosion of wages and qualify of life for the average American.

Read the complete post here.

I couldn’t agree more. What do you think?

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Craig DiLouie
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Launched in 2001, LightNOW covers the rapidly changing lighting world for lighting people. Check-in daily to see new posts by Editor David Shiller, Craig DiLouie, and other experts in the lighting field including consultants and lighting designers. Posts include news items to keep you up to date, short opinion pieces to invite you to consider another point of view, new products every Monday, and links to new research and tools to help you design with light. Also be sure to subscribe to the LightNOW newsletter (free), which is published every two weeks as a digest of articles on the site. We always welcome your feedback, so feel free to comment on any of the stories that appear here at LightNOW. If you are a manufacturer, LightNOW offers a low-cost ad vehicle to reach thousands of specifiers, contractors, reps, distributors, consultants, owners, and other stakeholders in the sales channel. For advertising inquiries, contact Suelynn Shiller. Thank you for visiting, and we hope you find LightNOW useful for your career in lighting

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