Friday, October 12, 2007

Marketeers or Governments: who should control the economy?

Commanding Heights video 1 video 2 video 3

Supposedly the 'new world order' is the re-eminence of market forces over control of the economy. Globalisation of capitalism, privatisation, weakened representative government and opened markets. Who pays the gold, controls the rulers. But now, the logical consequence of un-restrained capitalism is evident across the globe. The owners of global capital and violence become a separate society dominant over local owners of labour and materials.

Globalisation is a system of world economic restructuring. It is not the end in itself of the globalising forces. So who are the driving forces, and what do they want from the localised? These videos highlight the old Hegelian dialectic of right / free marketeers and left / big government. Commanding Heights does not show who really holds the commanding heights of our societies and economies. Globalisation is not here to stay, unless it shares its risks and rewards more equitably.

Interesting pattern, Food disappears from markets. Chaos. The globalists, the church-jesuits and the media appear in the right place. Governments kill industry and hand the people over. Food appears. Order.
For example, Bolivia, an agrarian economy like much of the world, finds it difficult to feed its own people. Global marketeer Jeffry Sachs is asked for economic development plan, travels to Bolivia, AND just happens to run into the soon-to-be-president. Hmmm.
Bolivian 'Shock Therapy' becomes the standard medicine offered by world bank / IMF to the 'developing world'. But only if they agree not to compete in advanced markets and stay in primary production.
At the national level, the central banks are the agencies of free markets.

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