Tuesday, October 04, 2005

Blacks and Globalization


Like many americans I have been exposed to the writings of Noam Chomsky. One of the things I recall him saying in his interviews and writings is that america is turning into a third world country. By this he means a society more clearly delineated between the haves and the have nots. Others make essentially the same argument but in a different way. Thomas Friedman simply says that in a world of 3 billion new capitalists everyone's job is up for grabs. Friedman also tends to focus more on the upside of globalization, pointing out that opprotunities are now available were there were none before. The social darwinist authors of the Bell Curve say that he who is smartest wins.
They are all correct. There is no doubt that local labor is experiencing international competition as the photo illustrates. Ironically enough though, automation (read: increasing efficiency) not outsourcing or offshoring is responsible for most job losses, which happens to be what a number of subcontractors engage in.
These particular subcontractors are Infosys employees. Their swarthy brown skin does not seem to be a hindrince to their gaining employment. No, it would seem that their intellectual resources and willingness to work are all they need to travel the globe. They are here as a modern effect of globalization.
Outgoing federal reserve chairman Alan Greenspan notes that the economy is getting lighter and lighter in terms of a physical weight to GDP ratio. This is the knowledge or information or digital effect. Software, legal documents and numerous other transactions have no physical weight but their share of the economy continues to grow. Accordingly the supply of money itself has become weightless to a large extent, being stored in the servers of banks. Commodities still have value it's just that ideas seem to have more and more value everyday. Those with ideas find themselves prospering more than those without them.
What does this mean for black folk? Properly interpreted it could be a great boon. I would argue that Black Poverty is a result of not physical but mental phenomena at this day and time. There are numerous examples of wealth born not in backyards full of goldmines and oil wells but in the fertile ground of the mind. Some argue that true wealth is metaphysical. Bob Marley and Peter Tosh are two excellent examples of this. Born dirt poor in Jamaica their words and song (not local natural resources) made them wealthy.
In a digital world in search of content, in an enviroment where tricolor cameras and desktop media studios are reaching the prices of microwaves, in a world of the $100 Laptop blacks and specifically african-americans have a distinct advantage.
Black creativity and culture, black ideas drive american culture to a very large extent. True "Viacom and Hennessy" run rap music as Mos Def raps but once the means of production and distribution are dispersed that could quickly change (it could intensify or wane).
This is the opprotunity of Globalization.

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