Globalization (Consequences for Humanity)

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Features: In fact, like many long-standing nations today, new nations also do not need to perform most of the functions that are considered justifications for the bureaucratic politics of the nation-state. One of the most notable functions that have been abandoned or stripped away by orthodox states is maintaining the "dynamic balance." Castoriadis describes the dynamic balance as an approximate equality between the rhythm of consumption growth and the increase in productivity. This task has led sovereign states, at various times, to intermittently ban imports and exports, erect trade barriers, or implement state-managed Keynesian stimulus policies to boost domestic demand. The distinction between the domestic market and the global market, or more broadly, between the "inside" and the "outside," is difficult to maintain in the narrow sense of "defending territory and population." "The poor do not live in a culture separated from the rich," as Westbrook points out, "they must live in the same world designed for the benefit of the rich. Economic development has left them poorer, just as economic recession and zero growth have exacerbated their poverty." Admittedly, economic depression means greater poverty and fewer resources. However, economic growth has stimulated people to more fervently display the wonders of consumerism, thus indicating a deeper gap between hope and reality.