[Eurotwit]

I agree with you.

Personally I was educated in America and Australia. Travelled much of the world. Heck, I even participate on the best American political discussion forum there is :D

I think the main drawback of globalisation is the loss of national sovereignty. When a nation loses control of its borders and who by right are citizens - The nation is longer a nation as such.

Heck, I even agree with the socialist critique that most Rockefeller republicans who support globalisation/NAFTA whatnot does so only because it is an attack on workers and wage levels. And a boon to corporate profit levels.

I am an economist and former strategic consultant, but I do not worship corporations. Make a corporation large and powerful enough, give it a monopoly and it is just as bad as any government bureaucracy.

The secret is freedom and competition - not being an incorporated entity.

Cheers.

[Yet_Again]

Heck, I even agree with the socialist critique that most Rockefeller republicans who support globalisation/NAFTA whatnot does so only because it is an attack on workers and wage levels. And a boon to corporate profit levels.

One of the most destructive forces in capitalism was when Republicans allowed executive compensation to take the form of stock options. This was done as a way of moving multimillion dollar VP and CEO salaries out from under the high tax structure that is in place in the US but had the unintended consequence of business leaders making decisions which were unduly focused on short term stock prices rather than long term business prosperity. A "kill the goose that laid the golden egg" mentality resulted.