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The World's News - Journey through the fields of broken dreams in the global economic arena

About Dynamics of Globalization

August 8th 2009 22:59
Ray Tapajna Chronicles - Top Articles

The dynamics of Globalization - a mass of contradictions

Globalization and free trade have not arrived on the world scene in any natural economic fashion. It is obvious that Globalization has been driven by powerful elite forces with their own agenda. There are many conspiracy theories about these elite powers but they tend to cloud the picture rather than make things clearer. Some of these theories should be openly discussed in open forums but for some reason the news channels leave these stories out of any discussion about what went wrong and fueled the global economic crisis. The experts that predicted the crisis years ago are still ignored.

This means someone has to be controlling the media and news channels. Good journalists have been muffled. Apparently, big time news also has the power to say who is in and who is out.

It is also obvious that workers have no voice in the process of globalization and again no one seems to care to search into this matter further. I wonder about the union leaders who keep backing those who voted for all the free trade agreements. We also have world organization controlling the events of free trade and globalization that have never been approved by any real vote of the people. We have a vast global network that is outside the will of the people and it just keeps rolling along.

It is also just as obvious, that moving production and factories from place to place anywhere in the world for the sake of cheaper labor will never work because the downward motion is continous and there will always be someone who will work for less in order to survive.
And corners will be cut continously on how things are produced. It is nonsensical to talk about a better ecology if companies move their factories to escape regulations. Up front, we have foreign assembly factories in the U.S. now and they cut workers costs up to 50 percent in the U.S. These are only assembly plants and the parts and components come from the wage slave markets of the world hiding behind the clean assembly plants in the U.S.

No one talks about the harm to the ecology about products being shipped across the world by long haul ship, air, rail and truck that not only pollute the air but used energy that is costly to the environment too by its just be refined etc. On top of this, many factory parts come from unregulated and dirty manufacturing facilites across the globe. It makes no sense for someone like President Obama to talk about creating new "green" jobs while all of this goes on behind the scene. A story that we had something to do with was published about the Dark side of energy saving light bulbs and the darker story behind them. It demostrated how ridiculous it is to use these bulbs thinking they will save the ecology.

Globalization and free trade has created the most massive Trade Deficit the world has ever known. We even have economist saying the trade deficit is a good thing for it feeds many other economies and supposedly will be more beneficial for the world as a whole. However, they never provide any formula for this transformation of loss values up front caused by the Trade Deficit-- a deficit indicates there are losses and not gains.

This has led to economies that are based on making money on money instead of making things and these economies are burning out. The money on money economies evidently subtract from the whole rather than add to it. Where is the new money and investments to create new production and products.

President Obama does not talk about any of this while he has merged big government with big money to get us out of a global economic crisis by bailing out the financial communities, Wall Street investors and transnational corporations. All are responsible for the economic crisis based on Globalization and free trade. It is a bouncing ball back and forth and in the end , we find that tariffs were taken off products and subsequently put on human beings through the lost value of work itself. Adding to this lost, the bail outs act as tariffs on future generations who are the ones who have to pay for all the imbalances caused by Globalization and free trade. It is a sad commentary about a time in history when everything seems to be upside down.


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