Abstract
The key issues of the globalization process relate to the historic background of centuries of Western accumulation of power through realpolitik; US cultivation of semi-colonial satellites in Japan and East Asia endowed with economic empowerment in the post World War II period through a policy of benign hegemony; the rise of China, followed by India, as globalizers intent on preserving their sovereignty and independent will; a growing insurgency by a significant segment of Latin American countries against the ideology and praxis emanating from the Washington Consensus; and, owing to its dubious distinction as the world’s politically weakest region, the outright sycophantic submission of Black Africa to the dictates of the IMF, the World Bank, and the WTO, resulting in the deepening relegation and prostration of Black Africa. It is, indeed, arguable that the great issue of the current globalization process is the overall eminent success of Asian countries, and the wholesale dismal showing of Africa. This is the central contrast and contradiction in globalization’s unevenness and inequality. In a word, there is a correlation between power and the winners and losers of globalization. Given globalization’s propensity to concentrate resources in a few places, a region’s developed or developing political and economic capabilities, not its historic and continuing victimization or habitual dependence on “charitable aid” and other “altruistic” interventions from the international community, determines its gains or setbacks in the fierce global competition for scarce developmental resources. Key words: Globalization, Western countries, power, US cultivation, slavery
Highlights
The key issues of the globalization process relate to the historic background of centuries of Western accumulation of power through realpolitik; US cultivation of semicolonial satellites in Japan and East Asia endowed with economic empowerment in the post World War II period through a policy of benign hegemony; the rise of China, followed by India, as globalizers intent on preserving their sovereignty and independent will; a growing insurgency by a significant segment of Latin American countries against the ideology and praxis emanating from the Washington Consensus; and, owing to its dubious distinction as the world’s politically weakest region, the outright sycophantic submission of Black Africa to the dictates of the IMF, the World Bank, and the WTO, resulting in the deepening relegation and prostration of Black Africa
It is an axiom of political science that power is the inexorable currency of international relations
A globalization under European domination for European benefit, propelled, in the words of Jeffrey Sachs, by the ideology of “the right and obligation of European and European-descended whites to rule the lives of others around the world...” (Jeffrey, 2005: 43) Of the British Empire, Felix Greene has noted, appropriately: “Never before had so many people—one quarter of the human race—been subjugated and put to work for the enrichment of so few” (Felix, 2006: 90-91)
Summary
The key issues of the globalization process relate to the historic background of centuries of Western accumulation of power through realpolitik; US cultivation of semi-colonial satellites in Japan and East Asia endowed with economic empowerment in the post World War II period through a policy of benign hegemony; the rise of China, followed by India, as globalizers intent on preserving their sovereignty and independent will; a growing insurgency by a significant segment of Latin American countries against the ideology and praxis emanating from the Washington Consensus; and, owing to its dubious distinction as the world’s politically weakest region, the outright sycophantic submission of Black Africa to the dictates of the IMF, the World Bank, and the WTO, resulting in the deepening relegation and prostration of Black Africa It is, arguable that the great issue of the current globalization process is the overall eminent success of Asian countries, and the wholesale dismal showing of Africa. Given globalization’s propensity to concentrate resources in a few places, a region’s developed or developing political and economic capabilities, not its historic and continuing victimization or habitual dependence on “charitable aid” and other “altruistic” interventions from the international community, determines its gains or setbacks in the fierce global competition for scarce developmental resources
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