How is the world organized economically?

People have already been doing the mechanics of economics since about several thousand years ago. It all started from bartering or trading necessities to the development of coins then bills to the booming business that we see everywhere.

With the birth of industrialization, economics were given more importance due to its help in raising up countries in relation to their status in the world. The most obvious of social problems were seen in the factories between males and females. In the flexibilization of the factories, the females’ social stigma of being the weaker sex was given much emphasis because the easier, less important tasks were assigned to them. This shows that the males were still considered as the stronger, more capable breadwinner compared to the opposite sex. Hence, they receive more jobs and less of a hard time in getting them. This gives more of the control and power to the management and none to the workers. The latter cannot choose the jobs they want or they deserved because of some requirements or criteria that may or may not be fair for them at all.

The concept of flexibilization highlights the difference between the minority and majority of the people. The minority being the rich and powerful and the majority being the poor and the workers. Maybe that is how the world is being organized economically. I can see it as a huge business play of the powerful and the powerless, the owners and the mere contractual employees. It is difficult to be living a world that gives one no choice. But there are entrepreneurial activities that can be done in a less regulated environment. These are possibilities for income generation and thus gives hope to the “powerless” group of people.