At 13:46 10/02/03 -0800, John Gelles <[EMAIL PROTECTED]> wrote:

>Steve Russell writes:
>
>"[ Is there a ] political mechanism that even theoretically 
>might have the power to steer a global marketocracy" ?
>
>===================================
>
>    In my view the global market is being steered in
>    part by its internal needs -- lowest cost as necessary
>    to achieve market share today.  But it is driven too
>    by forces external to the market -- like the national 
>    power interest that may move American military posts
>    closer to political centers in the oil rich middle east.

Don't forget how much of the landscape within 
which enterprises -- whether local, national, 
international, or transnational -- pursue their 
strategies are socially constructed.  For example, 
the WTO rule that goods may not discriminated against 
based on method of production, which is a massive 
sacrifice of national sovereignty, could be taken out 
if a sufficiently large coalition of national governments 
saw it in their interests.

Of course, doing this requires splitting corporate 
interests that are influential within that coalition of 
national governments, by establishing a clear and respectable 
counter-argument, which might involve, for example, how a 
fully globalised system has no floodwalls, and exposes all 
enterprise to risks emerging from parts of the world that 
they have no direct contacts with.

The problem is to find those real interests that can 
attract a portion of corporate enterprise to support 
of a position, and then develop, publish and promulgate.


Virtually,

Bruce McFarling, Newcastle, NSW
[EMAIL PROTECTED]

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