Rational Exploitation: Why Globalization Failed

i.e. How it turned into a Ponzi Scheme to the benefit of the few

Corporate zombies reduced life to a conspicuous consumption contest
At the most fundamental and personal level, the reason why Globalization failed is because this era's predominant philosophy of "Rational Self-interest" views life as a competition - a zero sum game consisting of "winners" and "losers". This of course is a stunted Westernized way of thinking, which values material gratification above internal gratification. And no doubt, the systematic corporate colonization of the developed world implanted this doctrine into their subservient Borg. 
An overwhelming preoccupation with external gratification led to stagnation and decay

"Greed is Great"
An experiment in greed and gluttony taken to their extreme conclusion:

That refugee mentality then contaminated the global economy leading to a system of widescale exploitation, which was rationalized in the pulp fiction Ponzinomic text books spewed forth from every soon-to-be-bankrupt University. It was only a matter of time before "consumers" were fully cleaved from "producers" in the Ponzinomic lexicon, leading to a one-sided economy with massive wealth and financial imbalances. According to current economic orthodoxy, when prices are reduced, "consumers" ALWAYS benefit, leaving aside the fact that they have no jobs and/or stagnant wages. How so many dumbfucks fell for something that asinine is a testament to the power of greed and self-interest, confirming my overriding hypothesis that people will believe ANYTHING, if it's in their immediate self-interest to do so.

The U.N. Conference on Trade and Development [2013]:
"Prior to the Great Recession, buoyant consumer demand in the developed countries seemed to justify the adoption of an export-oriented growth model by many developing and transition economies. But that expansion was built on unsustainable global demand and financing patterns. Thus, reverting to pre-crisis growth strategies cannot be an option." 

Q: When you say "Not an option" - how does that affect Black Thursday at Walmart?

Where was I - How this inherent exploitation flaw in the human DNA can be "fixed" is anyone's guess, however, to paraphrase Albert Einstein, we know with certainty that the refugee level of thinking that created this colossal disaster is not the level of thinking that can fix it.

Decadence leads to anarchy. Always.

This Post-2008 mega clusterfuck/Middle Class liquidation/billionaire enrichment program/Kardashian vacation/whatever you call it - has cost 245x the annual amount delivered to reduce global poverty:

Caught playing God, again. Life is sacred, not a sale at Walmart.