The Flat World, A Case for Global EconomicsSubmitted by No.7 on Fri, 02/01/2013 - 00:10
Did you know that the world is flat? Flat, in this case, means that almost all markets face global competition now. Rapidly improving technology is flattening out the playing field in today's global economy. The flattening world is a great thing in my opinion. We now have the capability to do business with anyone where technology is available. That is quite amazing! However, a global economy is not a new concept. Leonard Read's essay "I Pencil" (http://www.fee.org/the_freeman/detail/i-pencil/#axzz2Jc6ScYPh) taught us that no single man can create a simple #2 pencil. Literally, millions of individuals who speak different languages, practice different faiths, old opposing political views all work together towards a common goal. Is the goal to make pencils??? No. The goal for everyone is to make money by supplying a demand. How amazing is it that millions of people all work together every day in global cooperation to create lead pencils and have been voluntarily doing business for generations without any central planning or leadership. That is most important to remember, that no one man calls the shots to build the simple pencil. Rather, spontaneous order stemming from free association in order to supply demands through the price system is what drives millions of individuals to do all the work necessary just to make a pencil.
I believe the flat world is a great thing. The possibilities grow by the day and I'm optimistic and excited to see what technology can do in the future. Global business and outsourcing can be good things. Profits aren't a bad thing, profits allow for more invested money employing more people. Outsourcing is the main reason many American businesses still exist and employ any Americans at all. Even if they lost a factory and gained a small corporate office here, the company increased profits and expanded the global economy. Buying local or American purely because it's local or American isn't good. One should buy things that satisfy their wants and needs where they are cheapest so they can save money to to satisfy more wants and needs. When the global economy grows it helps us, people complain about apple factories overseas but the money that Apple saves by being overseas helps them invest that into the products they make that enrich all of our lives. That saved money also allows for more corporate and sales jobs here. Global economy growth and cooperation is a good thing, it only gets bad when Governments try to regulate and tax it.
Spontaneous order is a fascinating subject to me. Especially the way it occurs in nature or can be found in studies. People and animals all work together spontaneously by free association without any central planning or authority. A production line all clocked in on time and diligently working when all the supervisors are over an hour late, schools of fish and flocks of birds moving in coordination, and millions of people working together to build pencils are all great examples of how spontaneous order can achieve great things without a leader or central planner. A good insight into spontaneous order can be seen here (http://www.youtube.com/watch?v=TlzilMXWMcg. It is so very important to realize the central planning and control are not necessary for prosperity and order. People may be racist against all foreigners, but we all depend on each other for goods and services and to buy the goods and services we produce here. We are all necessary to each other in order to maintain our current way of life. As another post I just read said "we all have our roles".
The flat world is also prevalent on the internet, as that same post also said "you have the opportunity to make a name for yourself while reaching a larger audience with the message of Liberty". Everyone has a chance to have other's hear their message and to share their ideas. Internet technology has helped greatly in flattening the world, and now anyone can speak to the entire world with internet access at any time capable of reaching massive audiences. There is no doubt in my mind that global cooperation through free market economics would create global prosperity. This prosperity can only be made possible without central planning, authority, or regulations. No U.N. laws, no Governments taxing or blocking international trade. Regulations and tariffs only hinder productivity. Laissez faire! This is what is most important to realize in my opinion, that the U.N. and Governments hinder the economy by trying to control the economy. You cannot control the invisible hand which is, in my opinion, the freedom of choice. I also believe that the freedom of choice is what Jefferson was referring to when he wrote the words pursuit of happiness. The freedom of choice is a Right from God and it's the hardest one to take away. We can all choose to not comply with Government's BS, but we all continue supporting the Government and it's unconstitutional actions out of fear. It is clear the Government does not like those who speak out or ask the wrong questions. Just ask Denise (http://www.dailypaul.com/272830/the-government-wants-your-gu...). Her story scares the hell out of me, and is proof we live under tyranny. As she says "How can any person ever define themselves as being free, while another can lay claim to the fruits of their labor? The plain truth is, they can not."
The conclusion to all these thoughts is this: A globalized economy in a flat world is a great thing. Governments hinder the economy through taxes, rules, and regulations. Global government like the U.N. hinders the global economy through the same rules/taxes/and regulations. Therefore, we must resist the U.N. and any form of global Government board that hinders global prosperity.