All this is due to the lack of factor balance in our institutions and a lack of market balancing and incentivizing mechanisms like tariffs.
Ask yourself, did the vast First World majority suddenly rise up and say "please, Mr. Market, force me to compete with desperate Chinese and Indonesians slave-ing away in less than nineteenth century conditions? Did we say "please, force me to do so thru your World Trade Organization designed for the benefit of multinational corporations, and whose structure does not provide for the election of my own trade representative."
Without a Congress truly representing the wage-earning majority, or a National Initiative process giving that majority the power to say how they wanted their country’s trade rules changed vis-a-vis other countries, then a decision of such monumental structural importance was left to a few bought-off "representaitves" – this despite the polls showing a lack of support for such irresponsible "free trade" idiocy.
In fact, "our" representatives did not have time to even read the bills, as is common whenever a major ruling-elite coup is coming down the pike. Its legislative crime time.
Atop this corruption is the bad attitude of all the ruling-elite serving economists and multinational hucksters whose sentiments go like this: "too bad, you have to learn to adjust to a new world of globalization, you have to compete" – and on international capital’s terms, of course. You must consent to be "flattened" as you have no other choice. So, "whether you like it or not" it is going to happen they say and you are going to be the losers, because we, the really big capitalists and bankers, have decided for you.
These are some real totalitarian pricks hiding behind this phony "free market" language. These are neo-fascists who have taken "free trade" as their personal savior – because they know they cannot keep their cushy little sinecures, academic chairs, media positions and book deals if they oppose fascist markets and actually come out in favor of economic democracy.
Not one word do we see from these amoral true believers regarding whether or not the vast majority of wage-earning people desired these trade rule changes, or should even have a voice in deciding! Capital’s stalinist media is so full of these little chicken-shits who tow the line and serve to screw their own country, their own children, and their own mothers for, as they call it, the greater "efficiency" and "productivity."
Not only is this a blatant end-justifes-the-means dogma and tyranny but you have here those who exhibit no sense of fairness, no sentiment for democracy, and no sense of protecting the better estate and better world.... for their dogma tells them "universal gain" is certain. Thus, everything must be privatized and exploited as quickly as possible. Everyone must be forced to compete, and only on terms set by capital. Growthism Uber Alles.
So great, we now live in a police state with a surfeit of cheap "goods" brought to us on a fossil-fuel train driving us to extinction. How wonderful.
We had a better, less crowded and less desperate world, decades ago. What happened to it?
Economists are clearly dangerous creatures for the simple reason that most are, like the Wall Street Journal editorial board, so completely amoral and most evince no interest whatever in real democracy. Efficiency and profit are their only gods and they don’t care how they appease them. Wow, cheap goods via child labor and lack of democracy, and shipped in fossil fuel vehicles over many thousands of miles, how nice. Think of the savings! Wow, the "productivity" from lowering wages and standards is just excellent. Externals? What externals? Rights? What rights?
In effect they are saying "those dastardly middle classes in the First World need to be brought down, and we can’t let them have a say in our grand globalization scheme. They might ruin our glorious productivity and interest-bearing debt traps. We, the Economic Hit Men of the world, know what is best for you and besides, we’re paid really well by the fantastically rich and powerful people to do their dirty work."
"Morals, democracy, ecology? Sorry, it costs to much to save the world and these old notions only get in the way of our "efficiency." Not your democraticially-oriented efficiency mind you, but ours. So stop worrying and go enjoy those low prices at Walmart, see what we’ve done for you. Stop worrying about the decimation of your own industry, environment, currency and democracy, we’re Economists after all."
"And what are you going to do about it anyway... you’ve lost the power to decide and our big money mentors control your legislature, your press, your central bank, and your dumb president... you’re screwed."
Such is the ruling elite’s message to the people.
Well, yes and also it was Vladimir Lenin who pointed out the real nature and end-game for the blood-sucking, amoral, capitalists when he stated "the capitalists will sell us the rope we hang them with." Indeed, communist China now appears to be doing exactly that... thanks to "free" trade and our immoral economists.
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