This article I wrote last year. But worth your understanding of the world.
From time to time I manage to receive an email from the intellectual activist, a site operated by a certain Robert Tracinski, it is a very American right leaning philosophy. But then I as a human being read from all spectrums of the global political philosophy, one needs to know what others think in order to be able to come up with decisions that are not clouded by a narrow perspective. But I am certainly not one of those feel everything type people. The intellectual activist is just of one of many minds I like, I do not agree with everything they say, however this particular email was of great interest. In it Robert Tracinski said that people forget probably the most important achievement of the 20th and 21st century, the achievement of global trade.
This is so blatant and a great achievement if one really thinks about it. For decades, maybe centuries, there have been those very wise people who talked of people trading with one another not merely for economic reasons, but when people trade they will appreciate each other more, prejudices would fall and when people are interdependent, they are not likely to go to war, they would rather find a common dialogue.
Millions of people have been lifted out of poverty because of global trade barriers falling, not only that, but it means the best of the world is open to societies that have decided to participate in the global economy. In
To get to this point has not been an easy journey. The liberalization of the global economy has been attacked by both those on the far right and those on the far left. Those on the far left have called it a new form of imperialism. Indeed it is imperialism if only trade is permitted in one direction, but if it is permitted in both directions then there can be no imperialism because there would be exchange. Those of the far right denounce global trade growth because they cry that it is exporting jobs. However these same people when they are exporting say everything is okay, they want to eat their cake and have it too.
The problems that global trade has faced are immense, in the 1970’s there was a great outcry that Arabs want to take over the world with their petrodollars and somehow they had to be stopped. In the 1980’s there was talk of
Before World war two the powers that be had nicely planned the world for their benefit alone, the
Those societies with visionless leaders who did not understand that knowledge was the primary competitive advantage obviously remained as societies that earned their livelihood through the exploitation of natural resources, both agriculture and minerals, like what has happened in the Middle east, South America and Africa. No one is barred from this game, the mind is given to all. It has nothing to do with genetics, it has to do with a society willing to join the most important human development, it has to do with acknowledging the mind. Korea is living prove it is not genetic, whilst South Korea has accepted that it is the mind that is the primary resource it has done well, North Korea with the same genetic make up has the same level of GNI per capita as Zimbabwe, Mugabe is a great admirer of North Korea. It is up to the society and a visionary leadership at the top that understands the concept of knowledge and equality before the law, that way knowledge can compete. In life you play the cards handed out to you, that
To get were we have we have been through a lot as humanity. Hayek once wrote a paper about knowledge in 1945 after the world war as he felt it was time to let the genie out of the bottle; however he would receive fame as a monetarist because people and the powers that be wanted to say that monetary issues are more important than knowledge. What good is a monetary policy when nothing is being produced? Mugabe’s Central Bankers are trying all the classical monetary ploys developed by Hayek and
I would implore people to let the mind of their citizens get to work, those who refuse will not enjoy the benefits of global trade. American workers today are so productive because of competition, in the 80’s