Big Mess

Last couple of months have been following the steel giant Arcelors bid to hold fort against a merger with Mittal steel. It was really interesting to see both parties giving numerous press interviews against each other and clearly Arcelor handled it in a very unprofessional way. It clearly reflects one of the big challenge that globalization is going to bring, what if you don't want to sell something purely because you want to keep it national?. Isn't it like selling your favorite soccer team to opponents. I know we don't live in a socialistic economy any more(and I am glad) but what would happen for example if Americans had to sell coca cola to another country say Chinese. Should we be changing our laws to protect our most prized possessions or accept the fact that globalization is going to create a level playing field?

GMAT pace: .....Slow (need to concentrate)