The Rise of the West
Abstract
The aim of this paper is to describe Marks’ would be view of free markets and democracy being the answer to the problems of the new world, values of marketplace and democratic as having originated uniquely with Western Civilization, and that therefore we must turn to the study of Western Civilization to tackle the problems of the modern world.
The problems of the modern world
From a marks’ point of view, there is no world democracy as the industrialized nations are the policy makers. These world leaders, the G7 and NATO, make the rules and “wield the power unilaterally or with alliances” with the aim of among others, increasing the wealth and power in their nations. However, they does so at the expense of other nations which, they impoverish while they enrich themselves. These nation-states dominate the world. However, just some centuries ago, among these nation-states [like Europe countries] now dominating the world envied the wealth and governance of Asian countries (Marks). Yet, when the economic change came to Europe in the 19th century European analysts the Asian countries fit the words “stagnating, backward and despotic.”
Free market can hold the solution to the problems of the world. It was the same Asia, that influenced the whole Eurasian continent for maybe as early as 1000 AC. But where does free market come into the scene? Free market is a market economy determined by demand and supply. Asia supplied the Chinese and Indian economies with the silver that they required so as to grow and in turn, it became a worldwide source of finished products. European riches of silver were increased upon the discovery of huge silver quantities in the New World that purchased the Asian products (McNeill, p. 585). It was the same sources of wealth that were badly needed by the Asian economies, of which it had lots of sources, that made it dominate the world.
In free markets such as in the case above where the Europeans had the silver that was needed to fuel the Asian economies; using the high demand of silver in the Asian economies case, the following is a way through which it can be used to provide solutions. Economic equilibrium is a situation whereby there is a balancing of the economic forces. The increase in the Europe’s silver sources conformed with its quest for the Asian products where the silver currency was in high demand. This was a sure way to oversupply the market with the silver.
We must turn to the study of Western Civilization to tackle the problems of the modern world. The Islamic Empire barricaded Europeans from getting to the riches of Asia, one of their own, Columbus, discovered a way through which they could reach the Asia merchandise through the Indian Ocean. It was in that quest for Asian goods, despite the difficulties, that made them discover the New World. West’s artistry use of the steam power for military purposes was also a key determining factor that led to its dominance in the world. The European and the world history alike, are much seen from a Eurocentric perspective as the Eurocentric ideas explain about the world and the way through which it became what it is. Studying Western Civilization will provide a historical approach on what’s the significance of the difference between the rich and the poor on the world.
Works Cited
Marks, R. B. The Origins of the Modern World: The Rise of the West? OX: Rowman & Littlefield, 2007.
McNeill, W. H. The Rise of the West: A History of the Human Community: with a Retrospective Essay. Chicago: University of Chicago Press, 1990.
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