Are people finally waking up from globalization??

[dv1033]

Originally Posted by J.Thomas

Not just here in US.

I think Europe is also waking up.

With politics and economy driving this movement i guess people are waking up to harsh reality

It's interesting. Most of the economic policies of Obama were opposed by republicans because of "free market" principles.

Now Trump is the republican front runner who is promoting anti free market principles, aka protectionist.

[At-Chilles]

Originally Posted by CCbaxter

And therin lies your fundamental misunderstanding, the WORLD is our market and our business.
We are not a nation of small shopkeepers selling locally produced goods to folks in the neighborhoods. We are a nation of giant multinational corporations trading across continents. so our government has to act like we are. If they didn't another company/nation would step into the vacuum.

CCbaxter :

You've obviously drank way too much koolaid and eaten some rotten baloney.

Globalization is a parasitic, race-to-the-bottom mentality that slowly forces first world nations to equalize downward to that of third-world nation status through the arbitrage of ultra-low wage labor.

Globalization is simply capital's method to thwart labor. When defined solely within the status of nation states, labor eventually equalizes closer to that of capital.

We have to remember that productivity is the main source of supply; wages are the main source of demand. When supply rises faster than demand, the only way you can maintain the integral supply/demand balance is through the creation of new debt. Stagnet and declining wages simply drive down demand.

Every nation state needs Butchers, Bakers, and Candle-stick makers to sustain itself - ours are being slowly taken away.