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View Diary: In Which I Explain Everything (218 comments)

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  •  Nope (14+ / 0-)

    Outsourcing is just a product of trade policies, regulation and tax structure. All of these could be changed tomorrow to completely reverse our trade deficit.  Nothing about the advancements, if that word applies, in world shrinking technology requires that the US allow US manufacturers to shut their factories down here and reopen them in China.

    In fact, there was a time, long after international telephone calls and Transatlantic flight, when a company would have been severely penalized for doing that. Lobbying, corruption, and what I have to call outright treason amongst American politicians, changed those policies.

    There's an amazing speech former Democratic Senator Fritz Holling gave on the floor of the Senate back on June 30, 1993, where he speaks with a rare and striking degree of candor:

    If you ever run for President, you get very wonderful, embossed invitations from the Council on Foreign Relations and the Trilateral Commission, and you get the coffee and fine china, and, man, you arereally a high muckety-muck.

    And then what they do is get you to swear on the altar of free trade an undying loyalty and support---free trade, free trade.  That is all they want.  And they co-opt every one of these young Senators that want to run for President.

    He didn't mention what he meant by co-opting. But he wrote a book years later that drew attention to the corrupting influence of money in politics.

    What people need to understand about "globalization" is that it's really about global centralization. They can blather all day about "free" markets but what it's really about is economic concentration that now has a global span. This is unprecedented in human history, not the idea, but the degree.

    You mentioned in your first comment an argument about how many countries have avoided globalization none. This raises a really important point. The titans of finance, who are and have always been behind the globalism movement, have really wrapped up the entire world at this point.

    The same crowd imposing austerity in Europe is the same crowd imposing it in Egypt and Latin America. I mean, to the extent that the "Beast" can be characterized as an empire, and there are serious limits on that characterization, this empire is bigger and more locked down that anything conceived of before in all of history. It is truly fascinating.

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