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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

War against Labor and Work followup

December 16th 2008 17:50
This is a follow up on The Rational Com page about the war on labor and work with Jimmy's comments and Bloomberg references and our response to Jimmy with an added copy of a feedback to Bloomberg News with article about South American trade meetings

Here's the copy of the feedback and see Jimmy's comments at The Rationale - War against Labor and Work

Feedback to Bloomberg News Service

South America and Bloomberg News Service reporting
From: Ray Tapajna

Re.: South American trade meetings.
All overviews about free trade should begin with a disclaimer.
Free trade is not trade as historically defined or practiced. Free trade today is based on moving production from place to place for the sake of cheaper labor. Factories are in essence portable and mobile ready to be moved again and again seeking the lowest levels of labor costs.

Now we have economies based on making money on money instead of making things burning out. There was no real tangible value behind the many money products. In the end it is only printed images on paper called money. This money has to be manipulated in transactions to grow a value.

Today, the U.S. Federal Reserve Bank had more printed and added a trillion dollars to a money on money economy that is burning out.
This will only cause more inflation.

Federal Reserve Chairman Ben Bernanke actually provided a solution to this mess when he told Congress the best way to stimulate the economy with stimulus money is to buy "domestically produced goods". This tells the whole story of our problems in a nutshell.
Only local value added economies work where there are several levels of added value from raw product to the end user or retail levels. This has to happen in balance geopolitical settings where populations have grown with entitlements on hand. The overhead was woven into the particular geopolitical settings.

When free trade came, this overhead was attacked as something bad and not good. Competition took over by cutting out this overhead leaving behind burn out communities.
In South America, we have a new type of Socialism more based on a Populist front to rescue what was lost and to gain a better life for the multitude. This Socialism can go either way depending on the way, outside powers play their game.

The U.S. most likely will drive it to the far left because of America is hooked on taking advantage of the underclass to make their goods. ( Consumerism is the driving force behind so called free trade. However, the working poor class in the USA is now finding it more difficult to even afford the cheaper imports at places like Walmart. )

For more , visit our sites. We are an advocate for workers dignity knowing that workers and labor ultimately are one of the real tangible values and assets left in the world and for the sake of human dignity in the work day and for a more practical way to save economies, we need to do everything to upgrade this value.
See
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http://tapsearch.com/flatworld
Really Long Link
http://tapsearch.com/clinton
http://www.bizarrepolitics.com
http://www.therationale.com
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