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#globalization
**The end of globalization (as we know it).... I guess.**
The Burning Archive
“_Trump blasted tariffs. The world screamed, “It is the end of globalization as we know it. I guess...? But what does history say?_”
#Video length: twenty minutes and forty-one seconds.
https://www.youtube.com/watch?v=jMZ1X6dgT-I.
#History #Histodon #Histodons #Globalization #Sociology @sociology @histodon @histodons
#UnitedStates, #Canada, and #Europe account 52% of #global #GDP with only 14% of the #world #population
Archaeoethnologica: From Ancient Rome to Colonial Mexico - Book / Da Roma Antiga ao México Colonial - Livro
+INFO in: https://archaeoethnologica.blogspot.com/2025/04/da-roma-antiga-ao-mexico-colonial.html
"The big, long-term question: what does the global trading system look like? The thing to watch for is whether the kind of deals Vietnam and others are making with the US end up destroying the most-favoured-nation principle underlying the World Trade Organization by giving the US special treatment. I’m moderately optimistic on this one. Label these deals as preferential trade agreements (which is pretty dodgy under WTO rules, but there are plenty of weak PTAs about already), recognise that many won’t make much difference to US exports anyway and move on. It strikes me that, if anything, attachment to the multilateral system, particularly in open trading economies like the south-east Asian nations, has increased as a result of the US threatening it. If countries are looking for a framework of international trade law, the WTO provides it. Unfortunately, though, I don’t see much sign that India is going to stop playing its spoiler role and paralysing the negotiations part of the WTO (as the US tried with the dispute settlement system)."
https://www.ft.com/content/3a6c0561-0628-43e4-86f0-bd3db881667b
'Politics can forge solidarity or stoke resentment; it can build shared worlds or violently implement the will of one man. What matters now is whether we can remember what politics is for—neither endless expansion or efficiency, nor simply the resentment-fueled pursuit of naked self-interest, but the shared project of living together within limits'. – Roger Berkowitz
#Economics #Imperialism #Politics #Globalization
https://hac.bard.edu/amor-mundi/its-political-power-stupid-roger-berkowitz-2025-04-06
I wonder whether those folks who have dissed #freetrade and #globalization over recent years despite the prosperity and poverty reduction it has brought are paying attention now that the orange madman is giving them what they asked for.
"Today, we are facing the possibility of a global system that is not organized by a hegemonic power, in the way that Giovanni Arrighi and many others understood it. The abandonment by the United States of the tools of hegemonic organization does not necessarily mean that another nation-state will take up that mantle. The question appears, then, whether such a nonhegemonic project can be effective and lasting. For now, a centrifugal and conflictive multipolarity seems to be an adequate description of the state of the world. From this perspective, a continuing or even permanent war regime begins to appear as a necessary component of both the organization of the world market and the conditions of capitalist development. The capitalist world has always required violence and dispossession, beyond the “mute compulsion” of economic forces, just as all regimes of capitalist “free trade” have required weapons of dominant states and imperial regimes. One difference of the current conjuncture is that there appears to be no need to legitimize the exercise of force with claims to democratic ideals or civilizing missions. The post-hegemony tendency in the global sphere clearly coincides in these, among other, respects with the increase in the domestic sphere of authoritarian and fascist rule.
As we suggested above, many of these developments appear to revive classical characteristics of imperialism, with the marriage between vast capitalist monopolies or cartels and the power of dominant states, together with practices of territorial expansion. Today these gigantic capitalist actors are directly political in ways they have not been before. Beyond the political role always played by processes of gigantic accumulation of wealth, indeed, big platforms tend to build basic infrastructures of social and economic life, competing with states and emerging as direct governmental actors. "
https://www.versobooks.com/blogs/news/the-coming-post-hegemonic-world
No Globalization Without Representation: U.S. Activists and World Inequality
Paul Adler
University of Pennsylvania Press
"How consumer and environmental activists became significant players in U.S. and world politics
Amid the mass protests of the 1960s, another, less heralded political force arose: public interest progressivism. Led by activists like Ralph Nader, organizations of lawyers and experts worked "inside the system." They confronted corporate power and helped win major consumer and environmental protections. By the late 1970s, some public interest groups moved beyond U.S. borders to challenge multinational corporations. This happened at the same time that neoliberalism, a politics of empowerment for big business, gained strength in the U.S. and around the world.
No Globalization Without Representation is the story of how consumer and environmental activists became significant players in U.S. and world politics at the twentieth century's close. NGOs like Friends of the Earth and Public Citizen helped forge a progressive coalition that lobbied against the emerging neoliberal world order and in favor of what they called "fair globalization." From boycotting Nestlé in the 1970s to lobbying against NAFTA to the "Battle of Seattle" protests against the World Trade Organization in the 1990s, these groups have made a profound mark.
This book tells their stories while showing how public interest groups helped ensure that a version of liberalism willing to challenge corporate power did not vanish from U.S. politics. Public interest groups believed that preserving liberalism at home meant confronting attempts to perpetuate conservative policies through global economic rules. No Globalization Without Representation also illuminates how professionalized organizations became such a critical part of liberal activism..."
#Globalization #Activism #Inequality #Neoliberalism #AlternativeGlobalization #NAFTA #WTO
https://www.pennpress.org/9780812253177/no-globalization-without-representation/
Donald Trump’s Ego Melts the Global Economy https://www.byteseu.com/894920/ #Audio #DonaldTrump #economy #globalization #StockMarkets #tariffs #trade
Who owns what is in the Earth under our feet? And who pays the price for extraction (including longer-term ecologic effects)? https://www.nature.com/articles/d41586-025-00931-5 #minerals #mineralrights #indigenous #globalization
"Trump’s crusade to rebalance trade is occurring because the vicious cycle propping up the FIRE sector at the expense of the American people is breaking down. The rise of the multipolar world order disrupts the American oligarchy’s interests. The modernization and economic development of the rest of the world reduces the need for other countries to rely on American imperial hegemony. There are more trade opportunities than ever outside America. Other countries are less reliant on access to American markets, weakening the dollar’s status as reserve currency.
Any gains for the productive economy from Trump’s tariffs will likely be sabotaged by the FIRE sector’s malinvestment of capital and the foreign-policy establishment’s unwillingness to withdraw from the world. America can’t have its cake (of maintaining the dollar as the global reserve currency) and eat it too (bringing back manufacturing and resolving trade imbalances). The oligarchy cannot be expected to act in America’s best interests, because that is at the expense of its interests.
Ending the rule of the American oligarchy would require reductions of military spending, ending proxy conflicts, closing bases, and embracing diplomacy. For the FIRE sector, this would entail taxing financial transactions, using central bank window guidance, and establishing a national development bank to direct investment into productive sectors and not to asset price inflation. Tariff policy wouldn’t be used as a retaliatory action, but as a targeted and measured policy tool for incubating critical domestic industries."
https://www.compactmag.com/article/liberating-america-requires-more-than-tariffs/
"In summary, the first globalization saw the rise of the West, the second the rise of Asia; the first led to an increase of between-country inequalities, the second to their decline. Both globalizations tended to increase inequalities within nations. The unevenness of countries’ growth rates during Globalization I installed most of the Western populations at the top of the global income pyramid. It is rarely recognized just how highly placed even the poor deciles of the rich countries were in the global income distribution. Economist Paul Collier, in his Future of Capitalism, writes wistfully of the time when English workers were on top of the world. But for them to feel high, somebody else had to feel low.
The second globalization drove some of the Western middle classes from these perches and produced a great reshuffling of incomes as they were overtaken by a rising Asia. This relatively imperceptible decline occurred together with the Western middle classes’ far more perceptible one with respect to their own national elites. It caused political dissatisfaction that found its reflection in the rise of populist leaders and parties.
Finally, we should note that the convergence of worldwide incomes did not extend to Africa, which continued on its path of relative decline. If that is not changed — and the likelihood of such change seems low — the relative decline of Africa will, in the decades to come, overturn the forces currently pushing global inequality downward and usher in a new era of rising global inequality."
well yes #donaltrump just as his predecessor mostly care about #money
so when #globalization (u know selling companies off to foreign countries mostly #China dismantling whole factories shipping them to #China) was good #money #economic policy of #USA was #globalization
now #China won that game
so now #USA #America #TheWest realizes: this game SUCKS (ok told u 30 years ago but whatever)
and try to turn back the wheel to the 1960s if they turn too far we might end up in 1933
nothing get's build anymore in #USA except sometimes a great song like this #trump #song #music #lol
The global race for critical minerals is on. Here's why they're the lifeblood of the new tech era
What does your smartphone have in common with a solar panel, or an EV battery, or a piece of military equipment? They're all made using critical minerals — an essential ingredient in powering the modern technology we use every day.
#minerals #technology #globalization #race #News #Business
https://www.cbc.ca/news/business/critical-minerals-explainer-1.7473183?cmp=rss
The global race for critical minerals is on. Here's why they're the lifeblood of the new tech era
What does your smartphone have in common with a solar panel, or an EV battery, or a piece of military equipment? They're all made using critical minerals — an essential ingredient in powering the modern technology we use every day.
#minerals #technology #globalization #race #News #Business
https://www.cbc.ca/news/business/critical-minerals-explainer-1.7473183?cmp=rss
The global race for critical minerals is on. Here's why they're the lifeblood of the new tech era
What does your smartphone have in common with a solar panel, or an EV battery, or a piece of military equipment? They're all made using critical minerals — an essential ingredient in powering the modern technology we use every day.
#minerals #technology #globalization #race #News #Business
https://www.cbc.ca/news/business/critical-minerals-explainer-1.7473183?cmp=rss
The global race for critical minerals is on. Here's why they're the lifeblood of the new tech era
#minerals #technology #globalization #race #News #Canada
https://www.cbc.ca/news/business/critical-minerals-explainer-1.7473183?cmp=rss
