Tapsearch Com EditorFree Trade Ethics Backfires
By Ray Tapajna - Journals of journeys in the global economic arena
Free Trade and Globalization ethics backfiring
Free Trade Ethics
Free Trade is basically about how much you make and who can do it cheaper than you.
It is actually about commoditizing workers putting them on a world trading block to compete for the same jobs. It is a tool of globalists in the centralization process of a world wide economy trying in a one size that fits all global economy. Apparently, the elite groupings who control the process, at least those with any kind of conscience, anticipate having wages balanced across the globe for the sake of a better world. Unfortunately, it has proved to be a failure with the U.S. going through the most massive dislocation of jobs in its history with one half of American workers now unemployed or underemployed. The middle class American consumers were suppose to carry the load in this evening process but now a vast new working poor class can no longer evern afford to buy the cheaper imports.
No one seems to want to face the fact , that after many years of trial, it is obvious that free trade and globalization have failed. The value of workers has been deflated across the board and now governments have to depend on massive value added taxes - VAT - to support governments and the needs of their citizens. In Europe the VAT taxes are very high and it will not be long before the U.S. has to use them soon. Common sense should tell all that this may be worst than tariffs. VAT taxes end up affecting the cost of labor too since free trade shifts work and production to countries who have the cheapest labor costs. It automatically keeps the impoverished workers at a low level with no way of increasing their wages to a living wage.
Too many economists dismiss this reality and and they also forget what the cost of long haul shipping and protective packaging adds to the cost of a product. This cost when added to a VAT tax can add up to at least 40 percent of the total cost of the product. The investment community thought they could even things out later by having free trade bring new money products for all to enjoy. However, as we are finding out , our economies based on making money on money are burning out. The bail outs went to the financial communities to shore up this segment but it only buys us time and time is running out.
Nothing makes sense, with banks and credit companies failing even after charging usury rates and all the money games are now being exposed for what they really were. Investors were playing betting games on both sides of any investment deal . They were even betting on making money on failures. Now it is all coming to and end with no one really having any answers. The answer was always there but big governments acting as brokers and dealers were part of the game. The answer is this. Only local value added economies work in balanced geopolitical settings. When a local or regional economies are forced to replace middle class with a working poor class, everything backfires. The value of workers is a real value and asset acting as a real money standard. When this value is deflated, the money products are affected too. It is senseless to cut out the middle class workers who support the needs of any society the most.
This is where the world is now. We are in a backfire mode with economic nightmares boomeranging all around the world. The rich are finding out that they can become richer in the process but they also know what history tells us when workers no longer can economically survive in their world.
See more - Excavating the common good
Human nature on trial
Free Trade and Globalization ethics backfiring
Free Trade Ethics
Free Trade is basically about how much you make and who can do it cheaper than you.
It is actually about commoditizing workers putting them on a world trading block to compete for the same jobs. It is a tool of globalists in the centralization process of a world wide economy trying in a one size that fits all global economy. Apparently, the elite groupings who control the process, at least those with any kind of conscience, anticipate having wages balanced across the globe for the sake of a better world. Unfortunately, it has proved to be a failure with the U.S. going through the most massive dislocation of jobs in its history with one half of American workers now unemployed or underemployed. The middle class American consumers were suppose to carry the load in this evening process but now a vast new working poor class can no longer evern afford to buy the cheaper imports.
No one seems to want to face the fact , that after many years of trial, it is obvious that free trade and globalization have failed. The value of workers has been deflated across the board and now governments have to depend on massive value added taxes - VAT - to support governments and the needs of their citizens. In Europe the VAT taxes are very high and it will not be long before the U.S. has to use them soon. Common sense should tell all that this may be worst than tariffs. VAT taxes end up affecting the cost of labor too since free trade shifts work and production to countries who have the cheapest labor costs. It automatically keeps the impoverished workers at a low level with no way of increasing their wages to a living wage.
Too many economists dismiss this reality and and they also forget what the cost of long haul shipping and protective packaging adds to the cost of a product. This cost when added to a VAT tax can add up to at least 40 percent of the total cost of the product. The investment community thought they could even things out later by having free trade bring new money products for all to enjoy. However, as we are finding out , our economies based on making money on money are burning out. The bail outs went to the financial communities to shore up this segment but it only buys us time and time is running out.
Nothing makes sense, with banks and credit companies failing even after charging usury rates and all the money games are now being exposed for what they really were. Investors were playing betting games on both sides of any investment deal . They were even betting on making money on failures. Now it is all coming to and end with no one really having any answers. The answer was always there but big governments acting as brokers and dealers were part of the game. The answer is this. Only local value added economies work in balanced geopolitical settings. When a local or regional economies are forced to replace middle class with a working poor class, everything backfires. The value of workers is a real value and asset acting as a real money standard. When this value is deflated, the money products are affected too. It is senseless to cut out the middle class workers who support the needs of any society the most.
This is where the world is now. We are in a backfire mode with economic nightmares boomeranging all around the world. The rich are finding out that they can become richer in the process but they also know what history tells us when workers no longer can economically survive in their world.
See more - Excavating the common good
Human nature on trial
