imc indymedia

Los Angeles Indymedia : Activist News

white themeblack themered themetheme help
About Us Contact Us Calendar Publish RSS
Features
latest news
best of news
syndication
commentary


KILLRADIO

VozMob

ABCF LA

A-Infos Radio

Indymedia On Air

Dope-X-Resistance-LA List

LAAMN List




IMC Network:

Original Cities

www.indymedia.org africa: ambazonia canarias estrecho / madiaq kenya nigeria south africa canada: hamilton london, ontario maritimes montreal ontario ottawa quebec thunder bay vancouver victoria windsor winnipeg east asia: burma jakarta japan korea manila qc europe: abruzzo alacant andorra antwerpen armenia athens austria barcelona belarus belgium belgrade bristol brussels bulgaria calabria croatia cyprus emilia-romagna estrecho / madiaq euskal herria galiza germany grenoble hungary ireland istanbul italy la plana liege liguria lille linksunten lombardia london madrid malta marseille nantes napoli netherlands nice northern england norway oost-vlaanderen paris/Île-de-france patras piemonte poland portugal roma romania russia saint-petersburg scotland sverige switzerland thessaloniki torun toscana toulouse ukraine united kingdom valencia latin america: argentina bolivia chiapas chile chile sur cmi brasil colombia ecuador mexico peru puerto rico qollasuyu rosario santiago tijuana uruguay valparaiso venezuela venezuela oceania: adelaide aotearoa brisbane burma darwin jakarta manila melbourne perth qc sydney south asia: india mumbai united states: arizona arkansas asheville atlanta austin baltimore big muddy binghamton boston buffalo charlottesville chicago cleveland colorado columbus dc hawaii houston hudson mohawk kansas city la madison maine miami michigan milwaukee minneapolis/st. paul new hampshire new jersey new mexico new orleans north carolina north texas nyc oklahoma philadelphia pittsburgh portland richmond rochester rogue valley saint louis san diego san francisco san francisco bay area santa barbara santa cruz, ca sarasota seattle tampa bay tennessee urbana-champaign vermont western mass worcester west asia: armenia beirut israel palestine process: fbi/legal updates mailing lists process & imc docs tech volunteer projects: print radio satellite tv video regions: oceania united states topics: biotech

Surviving Cities

www.indymedia.org africa: canada: quebec east asia: japan europe: athens barcelona belgium bristol brussels cyprus germany grenoble ireland istanbul lille linksunten nantes netherlands norway portugal united kingdom latin america: argentina cmi brasil rosario oceania: aotearoa united states: austin big muddy binghamton boston chicago columbus la michigan nyc portland rochester saint louis san diego san francisco bay area santa cruz, ca tennessee urbana-champaign worcester west asia: palestine process: fbi/legal updates process & imc docs projects: radio satellite tv
printable version - js reader version - view hidden posts - tags and related articles

Global Capitalism: the Scourge of Democracy

by populist Wednesday, Nov. 09, 2005 at 6:00 PM

global capitalism is an economic Colt 45 for the times

To the impoverished masses throughout the world, help can come dressed as an angel or a devil, either to be welcomed with open arms. To these people, experiencing a positive economic change in their lives is all that matters. little else does.

For the most part, the help that triggers the positive change comes in the form of added employment: new jobs in these Third World communities that help create both wealth and infrastructure. If these people are told they owe the change to global capitalism, so be it; let others intellectualize and debate the positive and negative aspects of that system. Not them!

One can hardly argue against the logic of self-preservation; or advancing it one more step: economic self-improvement. All nations, all tribes, all peoples are expected to react the same way. The argument is not against upward economic mobility for those less fortunate, but the path that should be taken to get there.

Few would argue that the world we live in is unjustly shared. But we also know that the walk towards social and economic justice is arduous and long, only doable in measured steps, not in jolts. Shifts in people's fortunes, where some gain at the expense of others, without a realignment of the societal base, may prove harmful in both the short and the long term. And nothing more appropriate to create these jolts than global capitalism.

Many, if not most, of those jobs created in the developing world have required not only capital investments in their creation, but disinvestments as well. in destroyed communities and underutilized infrastructures where the flight of "living-wage" jobs has occurred. And who absorbs the cost of these disinvestments? It's a safe bet that it will be the jilted community and/or nation; but not capital, or rather, the capital-purveyors.



Take the United States : its manufacturing base has now eroded to the point where in another two decades there will be little or nothing left. While the latter stages of that manufacturing exodus is taking place, significant erosion is beginning to emerge in the services sector throughout the nation.

One can extrapolate from what has been happening during the past three decades, now continuing at an accelerated pace, to the time in another generation when America will have attained the social profile of a developing nation: a tiny hyper-rich elite, sustained in power by a small "buffer class"- a squire group who by chance or choice defends the entrenchment, and perpetuation, of wealth and power. The remaining 80-plus percent of the population will become America 's first proletariat since pre-Emancipation days.

So global capitalism is an economic Colt 45 for the times, an equalizer to the unjust distribution of wealth around the world. what's wrong with that? Isn't this the best way to create a more egalitarian planet, bringing not only economic justice to the Third World but collaterally adding a political bonus: democracy?

Far from it! Results give us a much different story. one lacking in fairness, democracy and egalitarianism. While global capitalism as a concept or a vision, and for the long term, may appear as positive, without a value system which ennobles all humanity it ends up serving only man's basest instinct: greed.

Democracy tends to humanize us, to make us feel as part of a working society, elevating our spirits and self worth. Conversely, unrestrained capitalism, through its values of greed and profit above all, dehumanizes us, acknowledging for us the lowest status by which man may be measured: that of consumer! And global capitalism is but the ultimate unrestrained or unregulated form of capitalism.

Unless and until there is an empowered central institution to regulate global capitalism, nations must not abdicate their regulatory power to multi-national corporations. Without controls, the power shifts from the people to an elite few who own or control capital. It will then be axiomatic that democracy will only exist as a protectorate of capital. But subservient democracy is a conflict in terms. If there is a perfect example of mutual exclusivity, this is it!

Global capitalism is neither synonymous to free enterprise, nor does it receive any type of legitimacy by a pseudo-association with democracy. In fact global capitalism, as it's practiced today, is but the scourge of democracy and the enslavement of free societies to capital, and the power that capital can buy for a chosen few.

But global capitalism is neither the only, nor the best option we have.

The world could slowly work towards creating an environment which will allow trade barriers to come down, while minimizing the pain [for all] in making the change. First World nations could lead the way to a future where fair trade and free trade do become synonymous. People in developing nations would be better served if there is less talk about free trade and more action towards fair trade.



No one need be afraid of individual or corporate wealth, only of the problems caused by individual or corporate greed. If we abdicate our democratic power to regulate capital, the globalization of this capital will in turn control us. and become the neo-colonialism of an all-powerful multi-national elite.

Read More Commentary Here:

http://www.populistamerica.com/current_events___commentary1

Report this post as:

Local News

Change Links September 2018 posted S02 10:22PM

More Scandals Rock Southern California Nuke Plant San Onofre A30 11:09PM

Site Outage Friday A30 3:49PM

Change Links August 2018 A14 1:56AM

Setback for Developer of SC Farm Land A12 11:09PM

More problems at Shutdown San Onofre Nuke J29 10:40PM

Change Links 2018 July posted J09 8:27PM

More Pix: "Families Belong Together," Pasadena J02 7:16PM

"Families Belong Together" March, Pasadena J02 7:08PM

Short Report on the Families Belong Together Protest in Los Angeles J30 11:26PM

Summer 2018 National Immigrant Solidarity Network News Alert! J11 6:58AM

Watch the Debate: Excluded Candidates for Governor of California M31 5:20AM

Change Links June 2018 posted M28 7:41AM

The Montrose Peace Vigil at 12 Years M22 8:01PM

Unity Archive Project M21 9:42AM

Dianne Feinstein's Promotion of War, Secret Animal Abuse, Military Profiteering, Censorshi M17 10:22PM

CA Senate Bill 1303 would require an independent coroner rather than being part of police M10 9:08PM

Three years after OC snitch scandal, no charges filed against sheriffs deputies M10 8:57PM

California police agencies violate Brown Act (open meetings) M02 8:31PM

Insane Company Wants To Send Nuke Plant Waste To New Mexico A29 11:47PM

Change Links May 2018 A27 8:40AM

Worker-Owned Car Wash on Vermont Closed A27 5:37AM

GUIDE TO REBEL CITY LOS ANGELES AVAILABLE A13 12:39AM

lausd whistle blower A11 6:58AM

Website Upgrade A10 10:02AM

Help KCET and UCLA identify 60s-70s Chicano images A04 8:02PM

UCLA Luskin: Casting Youth Justice in a Different Light A02 6:58PM

Change Links April 2018 A01 6:27PM

More Local News...

Other/Breaking News

Paraphysique de psychosomatique S22 6:58AM

Chuck Grassley: Women Abusing, Animal Murdering, Illegal War Supporting Criminal S22 2:58AM

Finance Capitalism and the Digital Economy S21 4:45PM

Muselières syndicales, muselières patronales S21 7:19AM

Jeff Bezos, Amazon, The Washington Post, Whole Foods, Etc S21 2:50AM

Why Choose Nut Milk Over Cows' Milk S21 1:01AM

Antrhopocène, le grand effondrement S19 9:53AM

Abolir l'économie S18 11:18AM

The Dictatorship of Corporations S17 5:26PM

18 Lethal Consequences Of Hunting S17 3:13PM

Paraphysique de l'outplacement déontologue S15 6:51AM

Shopping du bashing S14 8:42AM

After Lehman Brothers, Experts Say Global Financial Crisis Can Happen Again S13 8:28PM

“Animaniacs in Concert!” Starring Voice Legend Rob Paulsen S12 9:30PM

Probabilités de fin d'humanité S12 6:49AM

Florida Area of Migrant Farmworkers Denied Right to Construct Health Clinic near NaplesCIW S11 2:57AM

Steer clear of work morality! S09 12:10PM

The Shortwave Report 09/07/18 Listen Globally! S06 11:23PM

August 2018 Honduras Coup update S06 12:28PM

Brett Kavanaugh Filled The 5th Circuit With Execution Judges S06 6:14AM

Augusta Georgia Woman Gets 5 Year Prison Sentence for Writing About Russians Crime Acts S05 8:29AM

Paraphysique de contextualité S05 8:29AM

Crisis Regulation in Global Capitalism S03 3:39PM

Ex-voto de réification S03 10:24AM

Please Oppose Warmonger, Execution and Torture Supporting Bush Operative Brett Kavanaugh A31 10:45PM

Paraphysique d'exploitation occultation A31 10:24PM

Ryan Zinke Is Charging Taxpayers For A Trophy Hunters' Council A31 2:10PM

Is the Financial Crash 2.0 Coming? A31 10:07AM

More Breaking News...
© 2000-2018 Los Angeles Independent Media Center. Unless otherwise stated by the author, all content is free for non-commercial reuse, reprint, and rebroadcast, on the net and elsewhere. Opinions are those of the contributors and are not necessarily endorsed by the Los Angeles Independent Media Center. Running sf-active v0.9.4 Disclaimer | Privacy