[vrwc0915]

"Globalization failing to create new, quality jobs or reduce poverty" It was never intended to do any of those things, its all about consolidation of power and getting rid of the pesky middle class that stands in the way of tyranny

[Gordongekko909]

PING.

[Gordongekko909]

What, pray tell, is the alternative? Isolationism? Protectionism? A return to mercantilism?

[coconutt2000]

They're just figuring this out?

Globalization isn't going to do a damn for poor people until the underlying structures in these poor countries is revamped.

They lack the rule of law, consistently applied, that upholds property rights and protects economic investments. Poor nations are poor because of the rampant corruption in their governments, and foreign aid to corrupt governments only prolongs their regimes.

In effect, corrupt governments hold their people hostage. Either we feed their people and give their government money, or the people die.

[Gordongekko909]

This story is based on a release by the International Labour Organization. This is a UN organization with socialism as its mission statement. Of course they're opposed to free trade.

[GeronL]

Free trade would do that, but that would mean the countries themselves would have to have a free market too.

Then their economies would improve greatly

[denydenydeny]

The study finds that while in some areas of Asia economic expansion is fostering solid growth in jobs and improvements in living conditions, other areas such as Africa and parts of Latin America are seeing increasing numbers of people working in less favorable conditions, especially in the agricultural sector.

There's no attempt to explain or understand why this is--just a certainty that free trade is bad.

[Cautor]

"International Labour Office"

The ILO, my what an authority they are.

[shield]

bttt

[Wolfie]

As if that's its purpose.

[freeforall]

Freedom on a worldwide scale hits Women and Minorities hardest!

[Nowhere Man]

ping

[ATOMIC_PUNK]

Global economic growth is increasingly failing to translate into new and better jobs that lead to a reduction in poverty.

But i thought the so called powers that be had that all sewn up and on track for the 22nd century ?

Didn't the war on poverty solve this problem ?