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The World's News - The hard facts about the the global economic arena

 
Free Trade is not trade. It is primarily about moving production from place to place anywhere in the world for the sake of cheaper labor. The value of workers and labor has been degraded and deflated. This represents trillions of dollars lost in the process

About Globalization- part 2

August 4th 2009 18:28
About Globalization continued from The Worlds News Net about globalization part 1


About Globalization Part 2

The following is taken from articles published in 2003. Not much is different now in 2009. Globalization is still on the March with the people still not in tune with its ramifications. Pope Benedict has issued an encyclical in response to the economic crisis in the Bewildered New World but it appears to be too late.

We have people in places like West Point, Georgia, flying banners in their small town saying - Thank you Jesus for KIA. States like Georgia have paid foreign auto assemblers billons of dollars to build their assembly plants in their states. The plants are only assembly factories with the component parts coming from the wage slave factories of the world. Indiana paid Honda 160 million in total to build an assembly plant in their state. It is or will employ only 5,000 assembly workers making a fraction of what the auto workers once made. The money invested in these jobs will never really be recovered. More than 400,000 auto workers in the U.S. lost their jobs. In Indiana, during the same time the Honda factory was being built , 20,000 auto parts workers lost their jobs in the state with these jobs gone forever. Most likely many of the foreign auto makers are subsidized by their governments. It all acts as a ponzi scheme in a global casino. Globalization, free trade, the Pope, governments acting as brokers, big goverment bailing out big money and bailing out what is left of the U.S. auto industry are now in the Bewildered New World where people in a small town fly the banner :

Thank you Jesus for KIA

It is a no win situation. It is about a new "ism" on the world stage that arrived unannounced and without any fanfare except for globalization and free trade being its founders. It is a race to the bottom.Y

Globalism is a new happening in history. It has no written idealogy other than using globalization and free trade as its tools of conquest. It has no precedence other than this in history. It is based on so called free trade with this "trade" really not trade. In the past trade was never based on moving production, farming and outsourcing jobs to the cheapest labor markets of the world. Worst of all, it is also a globalization of the way we sustain our lives. Ten Mexican Bishops call it cultural death

Globalism has created a new type of a slave trade based on wage slave labor. There are peole in other lands that say it is good because it allows children to help out their subsistent living family by earning a few dollars a month.

Local value added economies are being destroyed with economies interdependent on each other controlled by geopoltical imbalances. Workers in the more prosperous nations are drifting into a new working poor class and are now finding out that they can no longer afford to buy even the cheaper imports. Workers at places like Wal-mart, need government assistance to survive. The destitute workers in other lands can not buy the very things they make for others in the world and have nothing left to buy anything the more prosperous nations may have left to sell. Their local economies have to submit to the whole which leaves only subsistence living for the workers.

As factories are moved from place to place seeking the lowest level of labor costs, burn out societies and communities are left behind .

Ray Tapajna will continue this report in next post .Your text goes here

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