Uh, nowhere did I mention the EU yet. It's an experiment, a good one of which I do think it's a possible way forward, but an experiment still nonetheless.
The reason I'm saying the system of nation states is here to stay is because it is globally completely entrenched. Statehood is the key to the international arena and diplomacy, to the international economy, and most importantly to legitimacy in the eyes of all the other countries on the planet. States can engage in international relations and can levy taxes, have law giving powers, can form armies etc. All of this is the bedrock of all national and international law. To think this system is to upend and cease to exist .. well I'd tell you that's a fantasy. It would have to be an end-of-days sort of scenario if government and state as we know it stop being.
Yes, global capital markets are weighing down on that system of nation states and it's proven that some countries are completely in the throes of multinational corporations, or that some corporations are even more powerful than states. But this isn't a wholly new phenomenon either. During the colonial era there were several private companies with enormous powers. They had near if not total monopolies, undertook their own expeditions and even had their own armies. But the one thing they did not have was legislative power, and national authorities always asserted their control over these actors sooner or later.
What's new in this day and age is that the system has expanded significantly and the chaos of the market can't be easily controlled by any one state actor, save for the largest such as China and the United States, which I don't really think can be called 'nation states' in the classical sense. A solution to this issue for the smaller, traditional westphalian/weberian states is a platform like the EU; through international, law-making, supranational entities they again assert their power over all aspects of statehood, including economies and markets, mostly through legislative and regulatory ability. Even the 'giants' of capitalism like Amazon and Google have to submit to this reality, and while you could argue some private sector effectiveness through lobbyism or borderline monopolism, at the end of the day it's the 27 member states who sit at the table in the council and who, with the EC, have the prerogative to decide access, taxation & regulations on everything really.
Superimposed on that system is global capitalism. And no, I don't think that's going to fundamentally change either. The only way it might 'change' is if a regional actor more or less recreates an iron curtain and refuses to play by the international capitalist rules within its territory, a la the soviet union. But that change would be regional and confined to that area. In the west, and for everyone else, I can't see a path to a complete rethink of how the market functions. We may make it fairer, by reigning in its excesses, closing taxation loopholes, perhaps rethinking parts of the stock market, things like that. But the concept of private companies and for-profit enterprise are not going to disappear I reckon. It's the distribution of that profit or our relation to that private property which is the question of our time. Perhaps you may be able to denote that which comes after as 'post-capitalist', but there's certainly still going to be fundamental elements of capitalism in there.
I also don't envision the possibility of some revolution like we can read about at various points in history either. Fact of the matter is that the capacity for elite control of a much larger population is greater than ever because of all the technological progress between the age of the musket and now. The truth is that a citizens revolt has very little hope of succeeding in the era of APCs, drones and AI. Any revolution would have to come from within, and as the soviet union taught us, systems can collapse under their own weight/failures perfectly well too.
Last edited by Larssen (2020-12-29 15:03:38)