So...the stock markets are teasing us with indications of a potential crash. I must not be the only one to feel a certain degree of schadenfreude at seeing the monolithic beast that is international, corporate finance stumbling. Perhaps though, we must not allow this luxury of bitter-spite to cloud our analysis of such a situation.
One can be mostly forgiven for this indulgence, but let us not forget the way the Transnational Corporations operate. I believe to be highly unlikely that a crash will irrevocably strip these instituitions from the halls of power and influence.
Any problem that effects those at the top, will be visited tenfold upon those further down the scale. Economics will dictate to business that in order to make your business survive in a desperate environment, desperate measures must be taken.
Now, I always love watching that super-villainous cabal of corporate despots being taken down a peg or two, but corruption cases only display to us the nature of this beast, market-crashes will make us FEEL this nature...
In times like these, our schadenfreude should not let us fool us into thinking that the beast is dead. The faltering of finance will not automatically lead to an alleviation of the social pressures it brings, it is more likely to increase them. A market crash will make the search for a more socially just world that little bit harder, and a little more prescient. It should not be allowed to make us think our jobs as pioneers of progression are done...
...We are still responsible...
...We still have a job to do...
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