Abstract

This article highlights that depending on whom you ask, we are building a future in which everybody enjoys a share of the world’s wealth, or we are eroding the economies of the developed nations in pursuit of cheap wages. It is not likely to stop any time soon. In a worldwide economy, everyone is a potential partner and potential competitor. Factory workers in the United States or Germany compete for jobs with counterparts in Korea and Indonesia. Even the not-for-profits compete. After watching the European Union make headway with its standards in China, ASME led a drive to form the Consortium on Standards and Conformity Assessment. Over the years, ASME and the engineering profession were shaped by many influences-by wars, depression, and the coming of cars, electricity, rockets, and computers. Each has had a hand for good and bad in shaping the world. Globalization is only the latest development in a long tradition.

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