YOU SAY : "Globalization has helped lift hundreds of millions of people out of the worst kind of poverty." Globalisation is defined as "the process by which businesses or other organizations develop international influence or start operating on an international scale "
SO....NO ! Capitalism [ "often thought of as an economic system in which private actors own and control property in accord with their interests, and demand and supply freely set prices in markets in a way that can serve the best interests of society. The essential feature of capitalism is the motive to make a profit." ] property rights and ownership AND cheap , abundant Energy [ Coal , oil , gas ] are what have DRAGGED BILLIONS OF PEOPLE OUT OF POVERTY AND EVEN INTO EXISTENCE !
Mankind has learned and prospered and is able to afford to modify his environment so that he has less chance of being killed by it !........The world has become BETTER ADAPTED and WEALTHIER and almost ALL the "things" that killed people have been restricted , eliminated or minimised !
SO.....it is due to expanding Capitalism , access to abundant cheap Energy and successful Adaptations that have REDUCED and almost ELIMINATED WORLD POVERTY...NOT globalisation.
If we are doing so well, why do we have a 2 trillion and growing deficit rhat is closer to 3 when you include the interest.
The unbalanced trade agreements have bankruppted the United States. Globalism has been great for the ultra rich investor class. The bottom 90% are barely getting by. This is a house of cards.
"Trade is not primarily about creating more jobs; it’s about creating better jobs. "
"a feeling that the modern economy might be doing well for a majority of Americans,
..............................but it has left some people behind."
"We need to equip the younger generation with the skills they need to be valuable in the high-tech, modernizing, globalized economy.
Sadly, our public school system is not succeeding at this. But that’s the answer,..............."
.
Globalisation ........" has created some of the best jobs in those societies. The low-tech factories in Asia and Africa that we call “sweatshops” have some of the best-paying jobs in those societies, sometimes paying two to three times what people would earn in their village............ It’s especially important for women in those societies. "
[ Really ??? It's not as though they don't have enough to do already !!!!??? ].
.
And as the "low tech jobs" [ traditional jobs] are 'exported' to other countries and become their "sweatshops" producing "our imports" , the "high tech jobs" [ new innovations ] are created for 'brighter' and fewer people and the 'less-bright-people' are left behind and 'phased out of the workforce' or reduced to welfare and scrounging !
[ and it compounds the problem BECAUSE WELFARE DESTROYS THE RECIPIENTS ! ]
.
It is astounding how the "love and concern for people you have never met"
outweighs the tangible , very visible detrimental effects on "your own people"
and yet , can be assuaged by the assertion that "Global Trade Has Made Us Richer".................
...........well....................ONLY SOME OF "US"!!!
You argue from a Globalist perspective. It is good for the worlds poor in the short run. Everyone is poor in the long run. The world will always have its poor. The argument is how many at this point.
The US is approaching 37 trillion in debt. That is a failure by any metric. America is becoming poor.
A poor America is bad for the world.
All countries have a bell curve. Everyone on the curve needs a path to a successful life. The wide open free American market has been bad for the less fortunate in America, good for the foreign poor.
We can help the poor around the world if we are rich and strong. If we are broke, the world is broke.
Fixing the United States is the only path forward you want. Collapse will be hell.
YOU SAY : "Globalization has helped lift hundreds of millions of people out of the worst kind of poverty." Globalisation is defined as "the process by which businesses or other organizations develop international influence or start operating on an international scale "
SO....NO ! Capitalism [ "often thought of as an economic system in which private actors own and control property in accord with their interests, and demand and supply freely set prices in markets in a way that can serve the best interests of society. The essential feature of capitalism is the motive to make a profit." ] property rights and ownership AND cheap , abundant Energy [ Coal , oil , gas ] are what have DRAGGED BILLIONS OF PEOPLE OUT OF POVERTY AND EVEN INTO EXISTENCE !
Mankind has learned and prospered and is able to afford to modify his environment so that he has less chance of being killed by it !........The world has become BETTER ADAPTED and WEALTHIER and almost ALL the "things" that killed people have been restricted , eliminated or minimised !
SO.....it is due to expanding Capitalism , access to abundant cheap Energy and successful Adaptations that have REDUCED and almost ELIMINATED WORLD POVERTY...NOT globalisation.
.
If we are doing so well, why do we have a 2 trillion and growing deficit rhat is closer to 3 when you include the interest.
The unbalanced trade agreements have bankruppted the United States. Globalism has been great for the ultra rich investor class. The bottom 90% are barely getting by. This is a house of cards.
To TheBlindSquirrel :
Daniel Griswold stated :
"Trade is not primarily about creating more jobs; it’s about creating better jobs. "
"a feeling that the modern economy might be doing well for a majority of Americans,
..............................but it has left some people behind."
"We need to equip the younger generation with the skills they need to be valuable in the high-tech, modernizing, globalized economy.
Sadly, our public school system is not succeeding at this. But that’s the answer,..............."
.
Globalisation ........" has created some of the best jobs in those societies. The low-tech factories in Asia and Africa that we call “sweatshops” have some of the best-paying jobs in those societies, sometimes paying two to three times what people would earn in their village............ It’s especially important for women in those societies. "
[ Really ??? It's not as though they don't have enough to do already !!!!??? ].
.
And as the "low tech jobs" [ traditional jobs] are 'exported' to other countries and become their "sweatshops" producing "our imports" , the "high tech jobs" [ new innovations ] are created for 'brighter' and fewer people and the 'less-bright-people' are left behind and 'phased out of the workforce' or reduced to welfare and scrounging !
[ and it compounds the problem BECAUSE WELFARE DESTROYS THE RECIPIENTS ! ]
.
It is astounding how the "love and concern for people you have never met"
outweighs the tangible , very visible detrimental effects on "your own people"
and yet , can be assuaged by the assertion that "Global Trade Has Made Us Richer".................
...........well....................ONLY SOME OF "US"!!!
You argue from a Globalist perspective. It is good for the worlds poor in the short run. Everyone is poor in the long run. The world will always have its poor. The argument is how many at this point.
The US is approaching 37 trillion in debt. That is a failure by any metric. America is becoming poor.
A poor America is bad for the world.
All countries have a bell curve. Everyone on the curve needs a path to a successful life. The wide open free American market has been bad for the less fortunate in America, good for the foreign poor.
We can help the poor around the world if we are rich and strong. If we are broke, the world is broke.
Fixing the United States is the only path forward you want. Collapse will be hell.