Well, my teachers have correctly taught me that getting closer to the truth is all about inter-disciplinary studies.The more we get to the interconnections of different subjects like history, economics, politics, archaeology, sociology, anthropology including the physical sciences, different developments of technology the clearer we are about the relative or objective truths.Yes, there are no absolute truths!
Britain has withdrawn from the European Union while Trump’s arrival almost puts a stamp of approval on the dark days ahead of globalisation! This private research and analysis were done by the Barclays
trace an interesting storyline of the why’s and how’s of a business story which is over a century and a half old, in a typical corporatorial think-tank way.The article, in fact, highlights the fault lines of a very specialised and limited scan of facts essentially restricted to advancements in transportation, technology, communication and such others to foretell or prognosticate on the future of globalisation and perhaps its denouement into something else.It chooses,however, to ignore the precise economic interfaces in the rise of the challenges of industrialisation,new impoverished classes,conflicts,disproportionate and uneven sharing of profits, the cry of impoverished labour,the undoing of the Czars and ushering in of the Bolsheviks,Socialism as an alternative philosophy of development and human rights,the anti-colonial and anti-imperialist struggles across the world,the collapse of the Soviet Union and dodginess of China,the defensiveness of capitalist policies and subsequent morphing from partially successful social democratic or “regimented Capitalist” policies to the much abused neo-liberal strategies.
Reduction in profit-making had been achieved through the awakening of the disenfranchised by seeking for more freedoms and more democracy.Instead,in the very reductions of the valued premises of democracy: in silencing the majority, decision making snatching away all powers decision-making of popular them obedient and acquiescing,hammering them to become a mindless “sack of potatoes” and shutting off the hazardous minorities of women, ethnic groups, different age groups,farmers, workers was the new Democratic model to be considered safe .The Thatcherite slogan quite summed up the neo-conservative hoodoo which read something like “Individualism is all.Society is nothing”.Unelected and elitist professional bodies slipped in through the backdoor like International Monetary Fund(IMF), World Bank(WB)and GATT to completely take over the economic theories of political language.
Globalisation has been its much-wonted flag of international superiority, domination and engaging mutual dependencies and collaboration of emerging economies.But like everything, this too had its dialectical “other” of yore – the return to protectionist policies.Whether in this rather rambling commentating there is a recognition of past fears and an affirmation of certain well found alternatives is for the reader to discover given one’s own understanding and interpretations.