Umbrella Repairman Losing Business; Blames Globalization

The Financial Times recently profiled Thierry Millet, a Paris-based umbrella repairman who "symbolizes France’s contempt for globalization" (I hope not!). Millet mends 8,000-10,000 umbrellas a year. His business is struggling because umbrellas are cheaper than ever (manufactured overseas) and people are choosing to throw them out and buy new ones instead of sending them in for repair. He’s quoted only once in the whole story. "That’s globalization," he says exasperatedly on his now-struggling business.

Precisely. How dare he have to deliver a product people need. Markets are so unfair. Who votes for a subsidy to keep this man in business?

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