What is the 'global economy' I keep hearing about?

[Deja Q]

Poll question: What is the 'global economy' I keep hearing about?

:shrug:

The media, government, and corporate entities hype up option A. But from what I've observed (actions speaketh louder than words), option B is clearly the truth.

[ayeshahaqqiqa]

1. What with better communications and transportation,

it means that no one is really isolated from other peoples and cultures any more. What this can mean is that the entire world is overrun by greedy capitalist corporations set to exploit the entire world--or--the peoples of the world deciding to work together to solve world problems and to celebrate and honor the diversity between peoples.

[DBoon]

3. Counter argument

I've heard a convincing argument that in fact the world's economies were most integrated in 1913. The technology that allowed that - the telegraph, railroads, and steamships - were well established. Most of the world either fell into a few well defined empires or were colonies of a handful of European countries.

The technologies we have now - jet air travel, satellite communications, the Internet - are just expanded versions of what existed in 1913. What has changed is the splintering of the global political and economic systems, due to 2 world wars and successful anti-colonial struggles.

An interesting book "The Victorian Internet" makes the point that the true leap occurred mid 19th century with the expansion of telegraph networks. The Internet is really just more of the same

[Deja Q]

4. Until our technology no longer remains cost effective... n/t

.

[HysteryDiagnosis]

2. It is this....

www.globalizethis.org


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