Mutually-Friendly Globalization

Why so much ado about globalization. Basically, the fundamental issue is similar to one little-known problem shared by Nigerians and the Nigerian Christian: an issue of faulty definitions, or the lack thereof. It is like a man who seeks to make all fingers equal. Indeed, such an operation would surely prove a lot easier than to ‘globalize’ a world riddled with a marginal history of unsolved discrimination and other discrepancies of sentimental frivolities that border on favor.

To ‘globalize’ would mean to make one world of men, where all countries bear fair representation, which will away with the further need of restrictive municipal interests. Internal national concerns will give way to international transcendent dimensions that breach all holds to go beyond the horizons into an abyss of mundane prosperity.

It is no gainsaying the need for new definitions to human endeavor considering the dilemma of evil greed has delineated the human race into: the malnourished and the overfed; all in a row of woes. A stack reminder of the concomitant features of the feet the great Image of Daniel.

To go by the authority of the ‘Good Book,’ ‘nothing shall be impossible unto men’—says the Lord God, when they achieve that place of realization to act as one man. Unfortunately, education, in its many bestowals does not expunge the civilized mind of petty sentiments that make for humanity. In economic parlance, the fear of human overpopulation as predicted by Malthus, which was supervened by the Industrial Revolution, shall be once again negatived by the triumph of the entrepreneurial spirit in the pursuit of true globalization.

This raises the cardinal issue of the American fear of fast-rising economic giants of ‘outsourcing’ and ‘enterprise’. This goes to show the extent to which anxiety can undermine tremendous wealth of knowledge by distractions to the trappings of success. As the creature that digs for food is instinctively moved to dig when faced with a problem, the American waterloo, is really no problem at all. Its long history of manipulating its way to the top keeps it in peril of plotting to stay up, against all natural laws. There is a better way: their money can work for them, if only they keep in focus of ‘‘makin’ mo’ money.’’ With mind on the money and money on the mind, there’s business enough.

The key tool of globalization is the ‘entrepreneurial spirit.’ To define the word beyond the Ordinary Level Textbook, would place the ‘entrepreneur’ in a class of his own. He is not ‘labor’. Labor comprises of both ‘skilled’ and ‘unskilled’ hands. With the entrepreneur, it takes more than skills: developed instincts for cutting edge innovations, the eye-of-the-tiger alertness for new markets, intuitive dexterity for futuristic products, and the aggressiveness of an Isale-Eko hawking-hustler for competitive edge in global marketing. This all define the hallmark of ‘entrepreneurial skills.’

Armed with credentials tutelage cannot bestow it is no bother who gets the ‘blue’ job. The problem arises from a tangle of words by injecting political targets into purely economic statistics. Counting job losses takes more than numbers. Getting the populace gainfully employed involves also an assessment of income logistics. A problem stems from extra-socio-economic factors. When foreign media claim to have better grasp of ethno-cultural problems of one’s native country, doling out negative reports in a chain formation of an axis of evil, the resultant effect is a concentration of highly intelligent creatures, home-grown in a revel, that eschews age-old exploits into uncharted lands, which characterized the pathway to pilgrimage of ‘God’s Own Country.’ A house full of idle children waiting to be fed, while they make jest of the rest of the underdeveloped world certainly won’t do just fine!

The parameter of trade imbalances would be a thing of the past if American exports include superior skills to needy countries willing to pay. Long-term investments in Bonds make for better stability on the Long-run. Federal Reserves, the demand and supply of dollars on the Foreign Exchange Market and the fiscal and financial policies of the existing Government, are a non-issue in globalization, or at best a paradox. How can one speak of addressing the evil of unequal bargaining power between countries by retrospective assessment of internal Purchasing Power Parity indices that strengthen the dollar? This is tantamount to saying: ‘let’s play soccer, guys, but I’ll also be the referee’
Nominal exchange rates should be hinged on standardized indices of international trade for centripetal benefits. Even gold, when made as such should be made to have a controlled source not subject to manipulations by a cartel of nations or international institutions. International trade will fare well when stripped and totally divorced from politics and trans-border concerns. All barriers must fall down on a level-plain terrain.