The world has been coming together for a very long time. Trade between civilizations has given each of them a peek into new worlds which dazzled and challenged them in turns. From the Silk Road of 2,000 years ago to the shipping lanes of today, trade has often defined how the world comes together.
As important as this has been, it has never been even or reliable. Trade is defined by people and their desires. Economic value is always what the buyer is willing to pay for something, and far too often the definition of things like money and credit has had a large role in how it works out. Contact between people brings more than physical goods, too – it brings envy, greed, curiosity and concern among many other emotions.
A world defined by people and their needs is a connected world. But those connections have to be at a human level more than at a money level if they are going to be sustainable. Connection in and of itself is one of the Five Points of the definition of People’s Economics for this reason.
Call it the “Fourth Industrial Revolution” or the more hip “Industry 4.0” if you like. What matters most is that industry, or the process of making things, is changing in ways that seem fundamental and permanent. The world is moving on to a new era which, difficult as times like this can be to understand, appears to be rather well defined and describable.
If you do a deep dive into Industry 4.0, however, there is still something missing. It’s the “why” of the process which seems to be at least assumed, if not elusive. Not just why it is happening, but why it is being driven now and why it is expected to cast aside Industry 3.0.
What’s missing in the increasing chatter of Industry 4.0 appears to be the fundamental force behind it, which is the decline of what we might call “capitalism” in favor of a purely market centered, low overhead “marketism” approach.
The process of the world coming together has been irregular at best. It seems reasonable that through it all there would be winners and losers, as we have seen. What is remarkable is how globalism, as a concept and a reality, has divided the developed world. Working people with less access not only feel left behind, in many cases their standard of living is actually slipping.
It seems as though there is a fundamental flaw in globalism. Yet the flaw may be in how we approach not just globalism, but the forces which created it in the first place. What if the process of the world coming together, driven by market forces, is fatally flawed because of our inadequate understanding of marketism?
In short, what if the transition from an industrial world to a market based world is not as seamless as we want to believe?
This time of the year, the holidays bring back memories that allow us to see the world, once again, through the eyes of a child. This is not some sentimental side effect of the rituals we go through, but is in many ways the reason they are important. A few moments spent contemplating this over a swirling mug of cocoa can show that seeing the world through the eyes of a child is actually a vital lesson.
“The first casualty when war comes is the truth.”
– Sen Hiram Johnson (R-CA) (1917)
As Barataria has noted before, the United States appears to be at war. This war, primarily with Putin’s Russia, is a new kind of war with weaponized disinformation and division.
It is important to note, however, that the US is far from the only target, nor is it entirely innocent. More critically there are actors within the US who are exploiting the war for their own benefit – a new kind of war profiteering for a new kind of war. It is easy to compare this to McCarthyism, but the implications are potentially more vast.