Tapsearch Com EditorTime to prepare for post-globalization era
April 7th 2010 16:49
By Ray Tapajna Mobile user friendly summary of main Tapsearch News site
STOP RACE TO THE BOTTOM BEFORE IT HITS THE BOTTOM
The world should be preparing for the Post-Globalization era. The history of Globalization and Free Trade is now a long one and is a history of failures going back to 1956 when the U.S. Government started the program to move factories outside the USA. It was supposed to be a temporary program but it never ended. It evolved into what is called Free Trade.
There is no need for any conspiracy theories to know there are obvious elite groupings pushing Globalization. Thomas Friedman, from the New York Times, author of - The World is Flat, is part of the elite class pushing Free Trade and Globalization.
Twenty-five years from now, The Flat World will be considered a figment of Friedman 's imagination. History tells us what happens when workers have no voice in their destinies and a common sense order of things will follow. Hopefully, it will not be a radical response as it has been many times in the past. Time is running out for Free Trade and Globalization. It is indeed a race to the bottom.
Friedman confuses many things. His scenarios do not match up with the real world from the streets of USA and other countries. He reverses cause and effect in several ways. For example the Y2k crisis was the result of Free Trade and Globalization. More than a million workers in the computer industry lost their jobs as a result of Free Trade. Large and small systems were left untended for many years. The Y2k crisis actually turned into an economic stimulus package with billions poured into the economy to correct all the software and computers in the world. This stimulus package followed the bail out of the Mexican economy. It turned out to be the first stimulus package sent to a foreign nation. Soon after President Clinton passed the NAFTA free trade agreement that was supposed to help both nations, he had to rush billions of dollars to Mexico to save peso and the Mexican economy.
In the end, governments and companies had to spend money they reall did not have. It did create an artificial economy at the end of the 1990s but many companies had to go out of business because of this. Then the failures of the Dot Com businesses followed because their foundation were built on sand of fantasies. Still people like Friedman used the scenario as something of a success story of Globalization and Free Trade. His book turns into one of fables and it should be sold as fiction.
Friedman also ignores the fact that Free Trade is not trade as historically practiced and defined. Free Trade is primarily about moving production from place to place with workers being the main commodities and not products per se.
He also plays with statistics that do not compute with the past and yet he applys them relating to the past. In the 1970s, it would be laughable for someone making only a $100 a month to be recorded as employed. Only about 38% of all workers in the U.S. now qualify for unemployment insurance. This means there is a vast population missing in action from any kind of real reporting. It is as if they do not exist.
History tells us what happens when workers have no voice about their work day.
See Ray's journey in the global economic arena
STOP RACE TO THE BOTTOM BEFORE IT HITS THE BOTTOM
The world should be preparing for the Post-Globalization era. The history of Globalization and Free Trade is now a long one and is a history of failures going back to 1956 when the U.S. Government started the program to move factories outside the USA. It was supposed to be a temporary program but it never ended. It evolved into what is called Free Trade.
There is no need for any conspiracy theories to know there are obvious elite groupings pushing Globalization. Thomas Friedman, from the New York Times, author of - The World is Flat, is part of the elite class pushing Free Trade and Globalization.
Twenty-five years from now, The Flat World will be considered a figment of Friedman 's imagination. History tells us what happens when workers have no voice in their destinies and a common sense order of things will follow. Hopefully, it will not be a radical response as it has been many times in the past. Time is running out for Free Trade and Globalization. It is indeed a race to the bottom.
Friedman confuses many things. His scenarios do not match up with the real world from the streets of USA and other countries. He reverses cause and effect in several ways. For example the Y2k crisis was the result of Free Trade and Globalization. More than a million workers in the computer industry lost their jobs as a result of Free Trade. Large and small systems were left untended for many years. The Y2k crisis actually turned into an economic stimulus package with billions poured into the economy to correct all the software and computers in the world. This stimulus package followed the bail out of the Mexican economy. It turned out to be the first stimulus package sent to a foreign nation. Soon after President Clinton passed the NAFTA free trade agreement that was supposed to help both nations, he had to rush billions of dollars to Mexico to save peso and the Mexican economy.
In the end, governments and companies had to spend money they reall did not have. It did create an artificial economy at the end of the 1990s but many companies had to go out of business because of this. Then the failures of the Dot Com businesses followed because their foundation were built on sand of fantasies. Still people like Friedman used the scenario as something of a success story of Globalization and Free Trade. His book turns into one of fables and it should be sold as fiction.
Friedman also ignores the fact that Free Trade is not trade as historically practiced and defined. Free Trade is primarily about moving production from place to place with workers being the main commodities and not products per se.
He also plays with statistics that do not compute with the past and yet he applys them relating to the past. In the 1970s, it would be laughable for someone making only a $100 a month to be recorded as employed. Only about 38% of all workers in the U.S. now qualify for unemployment insurance. This means there is a vast population missing in action from any kind of real reporting. It is as if they do not exist.
History tells us what happens when workers have no voice about their work day.
See Ray's journey in the global economic arena
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