RedSonRising
18th January 2015, 17:50
Hello everyone. I was hoping to foster discussion around the mainstream conversations had around "development" and "growth" by economists. Apologists for capitalism have, in recent years, been popularizing the concept that eventually, capitalism accelerating and reaching into every corner of the third world will continue to improve it, and that peripheral countries will soon join the industrial west in living standards, by which point a global community will be able to tackle problems with a more even distribution of wealth and power. Trending studies that show consistently climbing data with respect to global income distribution, child survival rate, disposable income, etc. are used a shield against those who attempt to advocate for an alternative to capitalist globalization. "The world is getting better", they say, which is an incredibly easy tool to turn around and say "so stop complaining/agitating/organizing/promoting an alternative".
However, we know this does not tell the complete picture. Aside from the fact that this data is somewhat irrelevant to our claims and goals (given that capitalism can be a superior mode of living to that of pre-existing feudal institutions and I expect we all share the opinion that capitalism does little that authentic socialism could not do better), we also know that capitalism as a predatory system has also purposefully under-developed areas of the world in order to subjugate labor, commodify land, extract natural resources, and destroy local markets to pave way for the consumption of imports.
Some of the more stark examples of this are the widespread examples of multinationals completely undermining the autonomy of states like Jamaica and supplanting local agriculture through destructive free trade agreements; a similar dynamic exists with Mexico & NAFTA, as well as commercial interests in Africa, resource commodification in rural India, etc.
I suppose my question/thread prompt is, what accounts for some of the disconnects between what we see in the many paralleled examples of impoverishment & exploitation and the global trends of growing income distribution? What are the specific weaknesses of these indicators? Where is the data honest about positive (if imperfect) development, and where is it obscuring a more holistic picture of exploitation and subjugation?
I suppose an example as a reference point for the purposes of discussion would be a good idea. Take this talk from 2006.
http://www.ted.com/talks/hans_rosling_shows_the_best_stats_you_ve_ever_seen #t-597617
Similar contributions would be appreciated.
(Mods, if this belongs in theory or whatever, do what you gotta do.)
However, we know this does not tell the complete picture. Aside from the fact that this data is somewhat irrelevant to our claims and goals (given that capitalism can be a superior mode of living to that of pre-existing feudal institutions and I expect we all share the opinion that capitalism does little that authentic socialism could not do better), we also know that capitalism as a predatory system has also purposefully under-developed areas of the world in order to subjugate labor, commodify land, extract natural resources, and destroy local markets to pave way for the consumption of imports.
Some of the more stark examples of this are the widespread examples of multinationals completely undermining the autonomy of states like Jamaica and supplanting local agriculture through destructive free trade agreements; a similar dynamic exists with Mexico & NAFTA, as well as commercial interests in Africa, resource commodification in rural India, etc.
I suppose my question/thread prompt is, what accounts for some of the disconnects between what we see in the many paralleled examples of impoverishment & exploitation and the global trends of growing income distribution? What are the specific weaknesses of these indicators? Where is the data honest about positive (if imperfect) development, and where is it obscuring a more holistic picture of exploitation and subjugation?
I suppose an example as a reference point for the purposes of discussion would be a good idea. Take this talk from 2006.
http://www.ted.com/talks/hans_rosling_shows_the_best_stats_you_ve_ever_seen #t-597617
Similar contributions would be appreciated.
(Mods, if this belongs in theory or whatever, do what you gotta do.)