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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

Occupy Wall Street missing part.

November 26th 2011 22:56
The Occupy Wall Street movement is beginning to define itself, but still leave out a very important part

By Ray Tapajna

Even while the Occupy Wall Street protests were spreading across America, the issue of free trade was left out of the picture. President Obama passed three free trade bills during this time. In Korea, there were massive crowds protesting the free trade bill related to them.

Here in the USA a few connected with free trade as the major cause behind the economic mess across America and the world. It must be noted both major parties joined as one when the NAFTA and GATT free trade agreements were passed. Even Rush Limbaugh, who was at his height of power of influence joined hands with President Clinton for the passage of free trade. NAFTA and GATT represent the the most massive dislocation of jobs in U.S. history.

Why protest about big money controlling the flow of wealth if free trade is not directly a part of it. Free trade is not trade in the first place. It is about moving production from place to place for the sake of cheaper labor. The former CEO of GE says factories should be on barges so they can be moved again and again for the sake of cheaper wages.

The financial community divorced itself from production phase of our economy and used free trade as only a tool for the sake of growing money values. The value of labor and workers was deflated to increase the value of paper money.

It did not work because the value of labor is a better money standard than the value of money transactions. The bottom fell out because of this. Speculative investments bottom out. The cutting of the value of labor and workers reached a point where the values of labor reached a point where it can not be cut any further without affecting the value of money and all the government services in place.

In the 1990s, companies were bought and sold as if they were commodities.
A investor would come and buy a company and strip out top management. They then moved corporate headquarters to cut the ties to all local influences. Speculators than had the freedom to do anything they want. They could start things going again or sell the company after creating a good looking balance sheet. They could cut all the workers they wanted and move production outside of the USA and call it trade. The stocks climb with investments separated from production.

What happened when this all plays out and there is nothing left to cut and a corporation has to make it in a real world where mark up products becomes the priority again. When all the money games played out, President Obama
bailed out the money community and put them back in charge again. The only process gets a boost but it can only last a short time before the real economic balances need to conform with doing business in a true free enterprise way.

When things start catching up with the process, there is no longer any process left to sell the company and create something out of nothing.

This is why free trade can not be left out of the Occupy Wall Street protests. It is the tool of the Globalist Free Traders. All societies are also finding out that workers can not be used as tools in the games of Raw Capitalism. The Occupy Wall Street movement needs to plug this is in. To go directly at Wall Street is a good starting point but Wall Street uses free trade as their tool.

See Occupy Wall Street defines itself but leaves out the issue of free trade

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