Tuesday, January 12, 2010

Globalization, scary!!

The globalization that is taking over our world is not some innocent phenomenon of modern fads or a movement that’s success is based on acceptance and flawlessness. Globalization is, however, a straightjacket that countries are forced to put on as they are basically held at gunpoint by the electric herd. Thomas Friedman paints globalization in this light, as countries everywhere are switching their political global sovereignty over to greater powers. Because of the switch from cold war politics to this new age of globalization, there no longer are power politics that dictate the world around and instead it is the market forces above politics that lead the way. This is scary, especially as Ferguson points out that we resemble the time 1880-1914 and could be headed for a similar crash. Today the markets are in control, “there is no one in charge”. Every country is forced to squeeze into the straitjacket and our world is now connected by each other’s fate. This makes for a vulnerably fragile world stage, and with any conflict that arises, another “crash” could easily come.

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