December 3, 2012 1 Comment
Globalization – Good or Bad?
For the past two decades, the “experts” (journalists, academics, politicians and economists) have been singing the praises of globalization. Many of these folks are in favor of a global redistribution of wealth from the richer countries to the poorer countries. This is based, in part, on the idea that the rich countries got that way by exploiting or robbing the poorer countries. Others voice their worldly altruism as a way to feel good about themselves. Whatever the case, the people who advocate for globalization are unlikely to suffer any of the accompanying pain.
What this means for America is a continuing loss of jobs, a lower standard-of-living, less tax revenue, less economic growth, less technological development and a smaller role in world leadership.
What this means for poor countries is more money for the corrupt governments to spend on military hardware and personal luxury for the government officials.
One of the arguments for globalization is that the undemocratic nations and the dictatorships will become more like the free nations. There is little evidence to support this theory. It is more likely that the rich countries, as they become poorer, will adopt more authoritarian styles of government.
Globalization is a natural process, somewhat like aging. The ultimate outcome of globalization will be a one-world economy, and a one-world government. National boundaries will fade away, as will the cultural and political differences that make each country unique. Like washing your bright colored clothes with your whites and your darks, everything will eventually become a dull gray. As to aging, the ultimate outcome is death. We fight aging, even though it is natural. Perhaps we should fight globalization, too.
For more about globalization, see my new e-book “Don’t Blame Wal*Mart If Your Job Went To China” on Amazon/Kindle. Here is the link:
If you click on the book cover, you can read the first two chapters for free.
Don’t have a Kindle? No problem! You can download Kindle software for free onto your PC, laptop, tablet or smartphone. I have it on my Dell laptop. They even gave me three free books just to get started.