Adjusting to Globalization
Question from the Internet:
“What is the role of economics in the emergence of globalization?”
Economics is catching up with “globalization”.
Actual “globalization” is not something man-made. We had to develop into a globally integrated and fully interdependent system due to Nature’s evolution pushing its whole system - we are also integrated parts of - towards a most optimal, final integration.
Our governing, social and economic systems adjusted accordingly trying to use globalization - the appearing, evolving global interconnections - the best way we could.
But since we are all born with an inherently egocentric, subjective, individualistic and self-serving nature, so far we have been using globalization the same way we use everything - for selfish, individual profit, for success, survival at each other’s expense.
This is why we feel that globalization is not working, that it is bad for the masses, as they are used, enslaved, exploited through the global market and financial systems by a small minority.
Thus we will need to learn what it actually means to live in a global, integrated system, what laws we need to learn and follow to adapt ourselves to the conditions Nature’s system is setting for us.
As a result, it governing, social and economic systems will also change accordingly.