Jump to content
Objectivism Online Forum

What Is "globalization" Globalizing?

Rate this topic


TIA Daily

Recommended Posts

What is "Globalization" Globalizing? Global Capitalism's Engine of Cultural Progress

by Robert Tracinski

The mainstream American press is beginning to discover the new New World--that is, it is beginning to discover the new identity of the Old World, including the oldest Old World of all: the Far East.

The East once represented the most exotic, un-Western culture there was--and also, seemingly, the most ancient and unchanging culture, unreachable by Western influence. As Kipling told us, East was East and West was West.

But not anymore.

The name the media has given this phenomenon is "globalization." "Globalization" means the creation of a global economy in which the most remote and culturally distinct nations are joined together by a vast network of international trade...

But this is an odd, evasive term that does not clearly name what is happening. It seeks to name the fact that something is spreading across the globe. But it also seeks to avoid naming what that something is.

What is "globalization" globalizing?

The answer explains why the press doesn't want to name it: what is being globalized is capitalism--and all of the value associated with capitalism.

"Globalization" represents the slow but inexorable, unstated but largely unresisted recognition that free markets, property rights, and unrestrained international trade--i.e., global capitalism--is the system that produces prosperity and a vibrant, optimistic, benevolent, forward-looking society.

The entire article is here.

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...