Read + Write + Report
Home | Start a blog | About Orble | FAQ | Blogs | Writers | Paid | My Orble | Login

The Rationale Quest - All decisions should be made at the lowest level possible- (Subsidiarity)

 
Explore the latent response of philosophy and philosophy to the global economic arena. Early posts include the study of heresies in the early church and the problems of Liberalism and Raw Capitalism in our times

Who said we had to compete in a global economy

March 4th 2011 22:41
Ray Tapajna Chronicles is now linking selection of books related to the global economic arena at tapsearch.com/amazon-friends

Free Trade brings us junk money

What order of things says we must compete with one another for the same jobs in a global economic arena

President Obama, as many other top political leaders of our times, keeps telling us we have to compete in a global economy. Who says we have to?

Where is the origin of this compelling demand? Is competing in a global economy the only option? It certainly is proving to be a bad one.

The Lend Lease Act and The Marshall Plan were something different. The Lend Lease program was set up to first send help to the allies without worrying about the money part. The Marshall Plan came to help restore economies that were devastated by World War 2. It was set up to duplicate success and not subtract parts of it away. The Peace Corp was set up to demonstrate what others can do in the world by emulating the American Dream in their own countries. It was not about chopping up the American Dream and sending it all around the world. The American Dream can be duplicated but not divided into pieces. A pie has only so many pieces and it is gone.

Free trade came and not only chopped up the American Dream into pieces but put our economy on the block to be chop up too. The free traders tell us that this has to happen on our way to a good global economy. However, it seems like the world was not ready for one and Capitalism has taken on a new form where winners takes all in a global economic arena. It is a place where the free market isolates the real free enterprise system from the process.

How can creating a vast working poor classes in the more prosperous nations really help anyone in other parts of the world. How can impoverished workers in other parts of the world advance to a better economic life when they can not even afford to buy the things they make.

So far, competing in a global arena has cost Americans millions of decent paying jobs. Did this transfer of wealth work out for others around the world. Everyone seems to lost more value everywhere. The free traders money people may have enjoyed more values but even they had to be bailed out by our government. Now governments are falling because their people are suffering economically. The fall out is reaching almost every corner of the world.

Manuel Castells wrote about the coming of the Bewildered New World, years ago. We should have known when President Clinton had to rush billions of dollars to save the Mexican peso about a year after the NAFTA trade agreement was passed that things would not work out. Other countries should have know better when President Clinton promoted the moving of 400 factories to Ireland. It looked good for awhile until the balancing act fell apart. Ireland like many others that took over our production are finding out that everything in the end reaches the bottom line. It is like water seeking its lowest place.

Now our economy based on making money on money instead of making things has burn out. There is fewer and fewer places to shift the values especially when most values have been radically degraded and deflated.
We are finding out that the value of workers and labor is more of a real money standard than the Federal Reserve paper money.

The money changers had hoped to create new money products where investment would replace the value of work. Their efforts have failed. They are finding out that there is no perpetual motion in money making either. It is the same as any motor that drives anything. The motor needs fuel. A global economy needs fuel too. This fuel comes from a growing middle class to support the efforts of all in a society.

Now free trade has boomeranged again and government workers are now under seige. These workers should have known years ago that their time would come following the devastation of the private sector working class.

Now the free trader money changers have been bailed out and are at it again. However, how many times can they be bailed out before the whole house of cards falls down.

When someone tells you we must compete in a global economy, run the other way.



19
Vote
Add To: del.icio.us Digg Furl Spurl.net StumbleUpon Yahoo


   
subscribe to this blog 


   

   


Add A Comment

To create a fully formatted comment please click here.


CLICK HERE TO LOGIN | CLICK HERE TO REGISTER

Name or Orble Tag
Home Page (optional)
Comments
Bold Italic Underline Strikethrough Separator Left Center Right Separator Quote Insert Link Insert Email
Notify me of replies
Your Email Address
(optional)
(required for reply notification)
Submit
More Posts
2 Posts
2 Posts
3 Posts
495 Posts dating from December 2006
Email Subscription
Receive e-mail notifications of new posts on this blog:
0

Tapsearch Com Editor's Blogs

10793 Vote(s)
75 Comment(s)
158 Post(s)
15552 Vote(s)
142 Comment(s)
242 Post(s)
10979 Vote(s)
156 Comment(s)
175 Post(s)
Copyright © 2012 On Topic Media PTY LTD. All Rights Reserved. Design by Vimu.com.
On Topic Media ZPages: Sydney |  Melbourne |  Brisbane |  London |  Birmingham |  Leeds     [ Advertise ] [ Contact Us ] [ Privacy Policy ]