Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Erich Bloodaxe BSN

(14,733 posts)
4. If it's no longer effective, it's because multinationals have worked with governments to make it so.
Wed Jun 24, 2015, 07:49 AM
Jun 2015

It's not a consequence of 'nature', but the deliberate outcome of guided changes to trade policies. Guided specifically to lead us to where we are now, a point at which we may very shortly be bound by treaties that let corporations sue countries, and corporate lawyers decide who 'wins', and who owes money.

The 'global economy' is designed for the very wealthy and the corporations, not for the regular people who live in countries.

Breaking free of that sort of 'globalization' should be a top priority for us. We should instead be seeking 'fair trade', where we work to push wages up for workers around the world, slowly inflating poverty-stricken nations' currencies until their pay rates and standards of living are in line with ours. Our current set-up instead seeks to depress wages and standards of living around the world, in the name of corporate profit.

Recommendations

0 members have recommended this reply (displayed in chronological order):

Latest Discussions»General Discussion»Krugman: Polls show that ...»Reply #4