Counterfeit Globalism

from the and-so-it-goes dept

While people argue over the good and bad aspects of globalism, the world doesn’t wait — but it also doesn’t always follow the expected path. Bruce Sterling’s latest piece for Wired Magazine includes a look at the underground economy in Belgrade, which he describes as black globalization — an odd mixture of globalization and the black market. That is, despite an opening of global corporations to the area, the real business is being done by counterfeiters who do brisk business selling fake everything. While Sterling pitches this as some new economic model, that’s not entirely clear. Counterfeit products have always been popular (ever been offered the opportunity to buy a Rolex on the streets of NYC?). Counterfeit products have been popular in plenty of places. The thing that Sterling seems to find so interesting, though, is the fascination with brand over actual product. People buy fake Nikes, even though they’re going to fall apart. It’s not so much for the shoe, he implies, as for the brand and this entrance into the global counterfeit marketplace.


Rate this comment as insightful
Rate this comment as funny
You have rated this comment as insightful
You have rated this comment as funny
Flag this comment as abusive/trolling/spam
You have flagged this comment
The first word has already been claimed
The last word has already been claimed
Insightful Lightbulb icon Funny Laughing icon Abusive/trolling/spam Flag icon Insightful badge Lightbulb icon Funny badge Laughing icon Comments icon

Comments on “Counterfeit Globalism”

Subscribe: RSS Leave a comment
2 Comments

Add Your Comment

Your email address will not be published. Required fields are marked *

Have a Techdirt Account? Sign in now. Want one? Register here

Comment Options:

Make this the or (get credits or sign in to see balance) what's this?

What's this?

Techdirt community members with Techdirt Credits can spotlight a comment as either the "First Word" or "Last Word" on a particular comment thread. Credits can be purchased at the Techdirt Insider Shop »

Follow Techdirt

Techdirt Daily Newsletter

Techdirt Deals
Techdirt Insider Discord
The latest chatter on the Techdirt Insider Discord channel...
Loading...