Globalisation Essay

4768 words - 19 pages

How does globalization produce uneven development? The free market solves the problem of the self-defined character of hortative goods. The free market is established by imperative and jussives goods, protections against violence, fraud, and any other coercion or dishonesty, but no one in advance ever needs to know what anyone else in particular wants when it comes to the general goods of euergetic ethics -- hortative goods. Instead one can offer goods that one thinks someone else might want and then see if there are any takers. On the other hand, if someone wants something, then they can just seek out someone else who may be offering it. All that buyer and seller need is some way of making contact. That is called advertising. Thus exchanges of self-defined hortative value take place without the knowledge or concern of anyone else. Thus, what someone wants or values need not be predicted or known by anyone in any kind of public authority. Indeed, what people want or value cannot be predicted, known, or calculated by anyone in public authority, which is why capitalism produces wealth to a greater degree than any other system: every exchange in the marketplace is a transaction, and transactions are wealth. All other things being equal, more transactions will deflate a constant supply of money, i.e. will make the money more valuable (prices will fall), or will allow for the money supply to grow while retaining the same value (prices remain the same). That no one can say what someone else wants is foundation of the free market. It is what enables us to solve the problem of the relativism of euergetic goods. The free market actually enables everyone to get what they want. Even democracy at its best rarely represents more than the wishes of 50 to 60% of the population. That can be called, and often is, the tyranny of the majority. In the free market, however, any taste can be catered to; and no one in political power need ever even ask what people want. The wants and the products seek each other out without the help of anyone outside of advertising. That is deeply shocking to many. Whether it is called "permissiveness" by the Right or "consumerism" by the Left, the exuberance of popular culture, especially its vulgarity, garishness, frivolity, and eroticism, is a profound challenge to the anaesthetic moralism that characterizes the mentality of those who would like to be, or are accustomed to be, telling others what kinds of worthy things they ought to be doing. This kind of popular culture is often not even given credit for being "true" popular culture -- it is just "mass" culture.The great traditional alternative to capitalistic political economy has been socialism (or communism), where persons are expected to work for the interests of others, either directly or by proxy of the state, and not just for their own interests. As intentionally implemented in communist states, socialist rules of political economy failed by both criteria above: 1) the...

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