Daily Kos

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  •  Because (none / 0)

    Why do they need to attract foreign investment? Just as you say, you only need investment if you want to grow the economy.

    Why is globalization a good thing? Thomas Barnett says that globalization is good because it connects a country with the rest of the world economy. His studies indicate that war is an issue in the non-integrated gap, but has almost disappeared in the connected, globalized economy. So, globalization reduces violence and leads to peace.

    Why should free trade be the ultimate goal? Because it leads to the greatest efficiency of production. In other words, it makes things cheap for the consumer. Of course, it also brings down labor rates. That's bad for producers.

    In the end, globalization and free trade are probably inevitable. What's not inevitable is how fast we get there. There's no reason why we in the U.S. have to export jobs as fast as we've been doing it.

    What's also not inevitable is that free trade has to be unfair. We can band together to set the rules for trade, even in a free market. It's difficult, but not undoable. A good first step would be to get corporate money out of the Democratic Party to the extent possible.

    •  I like that Hugo Chavez can defy Bush (none / 1)

      and the world bank and persue government programs to help the poor in his country.  That is what freetraders like Tom Friedman want to put an end to.  He wants to impose a peace based on free market fundyism. He really loses sleep when people like me get health insurance. He is a twat.

      Stop the war! Draft Bush voters!

      by NoAlternative on Sun Dec 26, 2004 at 06:22:35 PM PDT

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    •  Except that : (none / 0)

      Why is globalization a good thing? Thomas Barnett says that globalization is good because it connects a country with the rest of the world economy. His studies indicate that war is an issue in the non-integrated gap, but has almost disappeared in the connected, globalized economy. So, globalization reduces violence and leads to peace

      the facts seem to strongly disagree with that contention. In fact its pretty easy to argue just the opposite. The power barons of the world are quite happily funding,starting, or fighting wars around the world in order to keep populations as supplies of cheap labor, or to control a resource etc etc. Iraq, Indonesia, Africa...

      Why should free trade be the ultimate goal? Because it leads to the greatest efficiency of production. In other words, it makes things cheap for the consumer. Of course, it also brings down labor rates. That's bad for producers

      Free trade as we speak is enriching the largest and most repressive tyranny on earth as we speak. China. It is rewarding India and pakistan for the abuse of their people and massive population problems. It is punishing americans for being efficient, having labor and environmental standards , etc etc. The reality is quite a bit different than the theology.

      I agree with both of your final two paragraphs completely. But you're calling for Fair, not free, trade.

      I tremble for my country when I reflect that God is just; that his justice cannot sleep forever TJ

      by cdreid on Sun Dec 26, 2004 at 09:22:55 PM PDT

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