Instead it destroys the natural environment, degrades the lives of the exploited majority, and even warps the lives of those who exploit them, all the while spinning a myth that commercialism is both inevitable and superior to all other ways of life. Unfortunately corporate dominated globalization will not stop creating more environmental destruction and human misery until those negatively affected combine to prevent it from doing so. But stopping global expansion will not destroy national capitalist economies. It will simply strengthen labor relative to capital in the more advanced economies, and reduce exploitation of third world economies through international trade and investment that aggravate global inequalities. This is a terrible mistake and unforgivable betrayal.
Commercialism is a way of life as much as a system for making economic decisions.
It is a way of thinking and relating to others, a system of values. It is not a life of consciously coordinating our interrelated economic activities, a life of equitable cooperation with our fellow human beings. Therefore globalization is not just the spread of the market into new countries and regions, penetrating deeper into areas of life that were previously governed by other systems of social rules. Globalization is also the replacement of diverse modes of human intercourse with the single mindset and values of universal commercialism. True enough, not all social relations that commercialism undermines are themselves laudable.