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What’s a realistic alternative to corporations? Chris goes into serious hyperbole and demagoguery on this one.
Hedges’ idea of an alternative to corporations may be as simple as small locally owned businesses, but I really couldn’t say. I was actually thinking something similar before you posed this question. On a broader scope, I was wondering what his answer in general would be for the state of the world at large? I was wondering if he advocates a resource-based economy (or a natural law-based economy) as suggested by The Zeitgeist Movement and The Venus Project.
Thanks for stopping in, RM, and for taking the time to comment.
By the way, when he says that corporations “trash the global economy,” he’s showing that he’s an economic dunce. Corporations are the reason we have a global economy.
Please, RM, no name calling. Instead, may I recommend saying “he’s wrong” or “he’s incorrect” or “perhaps he misspoke” or something along those lines. I would also offer up another possible angle on the topic. Just because corporations created the global economy, doesn’t mean they aren’t capable of trashing their own creation.
The phrase ‘global economy’ can be read two ways: firstly the sum total of all economic activity on the planet, and secondly the more recent phenomenon of neoliberal ‘globalisation’. If read in light of the first definition, Hedges argument means the recent neoliberal practices have damaged all other economic activity. This chimes with the World Systems approach of Immanuel Wallerstein. Due to power differences between rich developed nations and poorer less-developed countries, the weaker areas are always at a disadvantage. Neoliberal policies have further widened this disparity of power and resources, and trade agreements seek to further reinforce these imbalances in favour of the powerful.
Check out the big brain on lowerarchy. 😉 I was trying to keep things simple and went and took it to a whole new level. Thank you for furthering the conversation and keeping it civil/interesting. 🙂
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