American Journal of Islam and Society (Oct 1998)

Globalization

  • Ibrahim Abu-Rabiʽ

DOI
https://doi.org/10.35632/ajis.v15i3.2172
Journal volume & issue
Vol. 15, no. 3

Abstract

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Neoliberalism, as a global system, is a new war in the conquest of territory. The end of the Third World War, or Cold War, certainly does not mean that the world has overcome bipolarity and rediscovered stability under the domination of the victor. Whereas there was a defeated side (the socialist camp), it is difficult to identify the winning side. The United States? The European Union? Japan? Or all three? ... Thanks to computers, the financial markets, from the trading floor and according to their whims, impose their laws and precepts on the planet. Globalization is nothing more than the totalitarian extension of their logic to every aspect of life. The United States, formerly the ruler of the economy, is now governed - tele-governed - by the very dynamic of financial power: commercial free trade. And this logic has made use of the porosity produced by the development of telecommunications to take over every aspect of activity in the social spectrum. The result is an all-out war.' In the 1950s and the 1960s, a phase in the history [of the Third World] that the supporters of globalization wish to marginalize and assassinate, culture was in fact made up of two kinds: imperialist/hegemonic culture and liberationist/nationalist culture. Those influenced by the ideology of globalization desire to create a new genre of culture: the culture of opening and renewal and that of withdrawal and stagnation. - Muhammad 'Abid al Jabiri ...