[lit-ideas] Globalization
- From: "Andreas Ramos" <andreas@xxxxxxxxxxx>
- To: <lit-ideas@xxxxxxxxxxxxx>
- Date: Fri, 24 Feb 2006 09:34:13 -0800
From: "Lawrence Helm" <lawrencehelm@xxxxxxxxxxxx>
What a wonderful thing it would be if the Democratic Party let you write its
platform for the next Presidential election.
Lawrence, you're wrong on facts because you don't even understand the
theory.
You think what I said is a Dem idea? It's centrist corporate Republican. It's taught in
practically every single business school in the USA. Harvard MBAs, Stanford MBAs, etc. all
know this as standard economics. You can read this in Forbes, WSJ, and every economics and
business magazine in the USA. Lawrence, you have no idea how this country functions.
Yes, Bush talks on both sides. He's pro-globalized business sometimes, and a local
nationalist other times. Yes, indeed it's a contradiction. Two reasons for that: he's not an
intelligent person, so he gets things mixed up. But more importantly, he's pandering to his
electorate, who are under-educated, rural Christians who don't understand the globalized
economy either. They wave their little flags. And those flags are made in China, as is their
shirts, their pants, and their shoes. His electorate lives in rural states that nearly all
have negative economies; they are kept afloat by federal subsidies. They don't know about
business because they don't do business.
Look, there is no meaningful steel production in the USA anymore. Steel comes from China and
South Korea. Yes, even the nails that hold your houses together are made in South Korea. No
nails made in the USA anymore.
Eric thinks if jet fuel becomes expensive, the USA will assert itself to get it and we'll
revert to localized economies. The globalized multinational corps will somehow hand over
their capital and experts to the USA for... what reason?
We've already seen how this works. Globalization means that a tremendous boom in going on in
SE Asia, from India to Korea, because they have the capital and a huge educated workforce.
The Indian middle class alone is larger than the entire population of the USA. Did these
corporate managers say that, wait, the jobs and incomes should first go to white christian
americans? No, capital flows to whever is the best investment opportunity, regardless of
race, skin color, or belief.
Yes, this is devastating to many American workers. Their job skills are no longer
competitive. Worst yet, their job markets aren't in the USA anymore. A few dunderheads have
insisted on destroying the American education system. And the US workforce is often too
expensive. There are better educated workers in other countries where the cost of living are
lower. The jobs go to where the market is. Eric and Lawrence's local patriotism isn't going
to stop that, not even a road bump. The issue of offshoring is no longer a political debate.
But we don't live in localized economies anymore. Everything has been globalized since the
mid-80s. Lawrence, where do you think your retirement funds are? In a steel mill in Detroit?
Your own retirement checks are coming out of the work of people in China, India, and
Singapore. Very likely, your acct is managed by someone in Malaysia.
yrs,
andreas
www.andreas.com
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