Globalization Rant
The new economic system, in which a very small elite controls most of the wealth, constitutes a global apparatus of extortion that enforces "globalization" on the neocolonial peoples of the world. This is the real process of globalization-capitalist globalization in the age of imperialism. Imperialism is a late stage of capitalism--the era of finance capital--in which the banks have become totally merged with industry and dominate global society. It is the tiny class of super-rich finance capitalists who are the modern ruling class. For humanity the scientific-technological revolution of automating and simplifying the labor process should be an opportunity to lighten the load of the working class and the peasants all over the world and allow them access to cheaper goods. But to the capitalist class the scientific-technological revolution and expanded globalization are just a huge opportunity to find cheaper labor and speed up the turnover of capital so they can make more and more profits.
Some will argue and say that giving jobs to opressed and impoverished peoples all over the world is to their benefit, and that giant multinational corporations treat their foreign workers like they would treat Americans doing the same job. This is however, most often not the case. In a growing age of imperialism and an even harder push for privately owned businesses to dominate everyone beneath them, these statistics can simply can not hold any truth. This growing contradiction between the expanding socialization of the production process and narrowing ownership of the instruments of production by fewer and fewer billionaires is the greatest contradiction of the modern era.
Globalization--that is, the socialization of world production--is an inexorable process, and under capitalism it is becoming a source of greater and greater misery and insecurity for the human race.
Some will argue and say that giving jobs to opressed and impoverished peoples all over the world is to their benefit, and that giant multinational corporations treat their foreign workers like they would treat Americans doing the same job. This is however, most often not the case. In a growing age of imperialism and an even harder push for privately owned businesses to dominate everyone beneath them, these statistics can simply can not hold any truth. This growing contradiction between the expanding socialization of the production process and narrowing ownership of the instruments of production by fewer and fewer billionaires is the greatest contradiction of the modern era.
Globalization--that is, the socialization of world production--is an inexorable process, and under capitalism it is becoming a source of greater and greater misery and insecurity for the human race.