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Why has there been this push for globalization for the last 25 years? Is this a case of corporations manipulating governments to make policies / trade agreements that open up new markets for them to sell their cokes and big macs? Also, does the Republican Party's silence on illegal immigration confirm that they are in Big Business's back pocket and will keep silent so these corporations can keep their cheap labor?
Those are two good reasons. Another is the Money Center (City of London, Wall Street, Hong Kong) banks and finance houses have to loan all the money they have collected to everybody at as close to usurious rates as they can get. Removing international monetary restrictions really helps these loan sharks.
Nationless Corporations and Global Banks today are more important/powerful than Governments, but they have no allegience to any nation or people and no accountability/transparency. The sovereignty of nations is being threatened across the globe, including and most especially in the USA.
Of the 100 largest economies in the World today, there are now more of these nationless corporations (which are legally defined as just as human as you or I) than entire nations of people. Governments around the world have been hijacked by these pirate corporations and the slime in Congress willingly sells our country to these detached entities for personal profit.
Globalization is the free market at work, thus the "agenda" for globalization would be PROFIT. That's the agenda, by the way, of all business everywhere all the time.
That's not a conspiracy, it's a foundational truth of economics. People go into business to make, sustain and grow profits. Period. OK, profit is revenue - (taxes + costs), and revenue is dictated by supply and demand. OK, if there is a global demand for your product, and you have the capacity to supply that demand, then globalization simple removes bureaucratic impediments to meeting that demand, maximizing revenue and minimizing cost.
More profit is the agenda. More profit is better than less. It's not very complicated.
The Citigroup Plutonomy Memos: Two bombshell documents that Citigroup's lawyers try to suppress, describing in detail the rule of the first 1%
Everyone except the top wealthy exist to be exploited. They would be nothing without immigrants and overseas labor and globalist rather than nationalist driven politicians.
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Disruptive technology-driven productivity gains, creative financial innovation, capitalist- friendly cooperative governments, an international dimension of immigrants and overseas conquests invigorating wealth creation, the rule of law, and patenting inventions. Often these wealth waves involve great complexity, exploited best by the rich and educated of the time.
We project that the plutonomies (the U.S., UK, and Canada) will likely see even more income inequality, disproportionately feeding off a further rise in the profit share in their economies, capitalist-friendly governments, more technology-driven productivity, and globalization.
In a plutonomy there is no such animal as “the U.S. consumer” or “the UK consumer”, or indeed the “Russian consumer”. There are rich consumers, few in
number, but disproportionate in the gigantic slice of income and consumption they take.
Okay, lets ignore that for the last 25 years the average person's lives/health/wealth have gone up greatly. . .the only hold outs are unstable countries not benefiting from globalization (think Syria, Iraq, etc)
Lets ignore that countries have long since found out the best way to prevent wars is to create strong economic ties and trade. When war is more expensive than trade, war doesn't get done.
Lets forget about how everyone hear has benefited. . by buying devices that have moved people from substance farming to industrial workers. . people now able to pay to have kids educated and afford mosquito nets for their family Two Cheers for Sweatshops - NYTimes.com
All of this is due to one reason. . we are moving forward on the road Adam smith laid out "It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest."
and on a separate topic:
and as far as i'm concerned, the illegality should be the government interfering with an individual right to work for any company he wants at any wage he wants (or she) regardless of the latitude and longitude of his/her birth.
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Originally Posted by terperoni
Why has there been this push for globalization for the last 25 years? Is this a case of corporations manipulating governments to make policies / trade agreements that open up new markets for them to sell their cokes and big macs? Also, does the Republican Party's silence on illegal immigration confirm that they are in Big Business's back pocket and will keep silent so these corporations can keep their cheap labor?
Globalization is the free market at work, thus the "agenda" for globalization would be PROFIT. That's the agenda, by the way, of all business everywhere all the time.
That's not a conspiracy, it's a foundational truth of economics. People go into business to make, sustain and grow profits. Period. OK, profit is revenue - (taxes + costs), and revenue is dictated by supply and demand. OK, if there is a global demand for your product, and you have the capacity to supply that demand, then globalization simple removes bureaucratic impediments to meeting that demand, maximizing revenue and minimizing cost.
More profit is the agenda. More profit is better than less. It's not very complicated.
Free Market? You have to be joking.
It is a Free Market when China puts tariffs on US Goods, while we do not?
We buy 4 times more than China buys from us with a population of 1 billion people.
There is no "Free Market" when the rules are rigged at the government level in all countries.
China State Owned Enterprises account for 60% of their markets. Is that a Free Market?
The Biggest Corporations in America give billions of dollars to politicians to rig the rules in their favor, is that a Free Market?
China has taken 250 million Chinese farm land and forced them to move to the cities to work. Is that a Free Market?
Those for the current model of globalism we have going are not for a Free Market but for Global Fascism where the top wealthy control the governments and people to enrich themselves.
I suggest googling "Ricardo's Theory of Comparative Advantage". There are reasons why liberalized trade is one of the few things that nearly all economists view as good for a nation.
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