The ideal economic development and globalization model should be sustainable, self-sufficient and resilient. Judging from capitalism’s records, there is scant evidence. An economy’s basic purpose should aim at regulating human demand and supply as a means to sustain human existence with limited resources. The capitalist economy not only fails at the demand side by prioritizing human wants over needs, but also fails at the supply side by chasing profit predominantly through over-serving the unnecessary infinite human wants while under-serving basic physical human needs, and thereby plundering the sustainability of human existence while floundering and depleting limited resources.
If rich Americans have a high demand for Bolivian quinoa, the capitalist economy will send the Bolivian quinoa to the rich Americans with a handsome profit for a few middlemen and maybe a few big Bolivian quinoa farmers while leaving the poor Bolivians hungry because they can no longer afford their traditional quinoa staple food. As other shady capitalist ‘profit vultures’ smell the profit, they swarm in, scale up the production, suck out all the profit until there is none at the point where supply exceeds the demand, leave, crash and burn the quinoa market. Meanwhile, the Bolivian quinoa farmers are stuck and defrauded because they will probably have lost everything: their capital, their land, their money, their investments and their means of livelihood because they have no other choice but stay in the crashing market as quinoa farming is their livelihood and they are in it for the long term.
In another scenario, if Americans have a genuine need for Bolivian quinoa, the NATORZ economy will pay a fair price to the Bolivian quinoa farmers for their crops and will not try to squeeze them for extra profit to put in its own pockets. Or the NATORZ economy will help the American quinoa farmers to start their own farms and pay them a fair price for their crops. No one will get ripped off or lose their livelihoods in the process, even with competition, because both the local and overseas farmers will grow just enough to meet the demand. If they have too much work one year, the NATORZ economy will hire extra help for them. If they have too little work another year, the NATORZ economy will hire them for other jobs. Every person will be guaranteed a job and every worker will be guaranteed a living age. That is how ‘socializing gains and socializing costs’ works. No individual will become filthy rich but then no individual will become destitute.
Without the capitalist market forces, the NATORZ economy has a better chance to be sustainable, self-sufficient and resilient. Bolivians will not become hungry because they cannot afford quinoa. The NATORZ economy will make sure that Bolivian quinoa farmers will grow what they need. Capitalism will be shut out of the loop of the G.R.E.E.N. demand, G.R.E.E.N. supply, G.R.E.E.N. market and G.R.E.E.N. money in the NATORZ economy in Bolivia.
The NATORZ economic development model is to eliminate unemployment, helping primarily the underclass of the world. In the NATORZ economy, businesses exist to employ all people, so that all the people’s physical needs can be taken care of and fulfilled. There will be no need to depend on continuous economic growth to increase the material living standard because everyone will be benefitting equally from the socialized gains and everyone will be sharing equally the socialized costs.
The NATORZ globalization model is one of global benevolence. Global trade and exchanges will probably accelerate as transfers of knowledge, expertise, best practices, technology, etc., speed up, on top of essential and critical products and services. It will become an open source world, with sharing and helping each other taking precedence over national and/or nativist self-interests. If each NATORZ economy is sustainable, self-sufficient and resilient, there is less to lose and more to gain from ‘socializing gains and socializing costs.’
Let us imagine what if…