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The Brave New Globalist World (What is the real intention of the multinational corporations?)
interventionmag.com ^
| July 30, 2003
| Lawrence J. McNamee
Posted on 08/05/2003 6:05:13 PM PDT by comnet
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To: Calpernia; vbmoneyspender
Corporations have little or no power compared to the power of the state.I don't believe that this holds true for large transnational corporations whose annual revenues often exceed the GNP of many industrialized nations.
To: vbmoneyspender
What corporations help HITLER ?
42
posted on
08/05/2003 8:15:41 PM PDT
by
comnet
To: comnet
What corporations help HITLER ? So did married couples. Do you propose to outlaw marriage on that basis?
To: Willie Green
I don't understand your fixation on corporations. The power of any multinational corporation is as a mooncast shadow compared to the power of the state. For example, when I look at my paycheck and see that 25% has been deducted, that isn't a corporation pulling that money out of my paycheck.
To: vbmoneyspender
45
posted on
08/05/2003 8:25:50 PM PDT
by
comnet
To: gcruse
purity of our internal waters I suspect women sense your power, and seek your life essence...do you deny it to them?
http://www.blogcritics.org/archives/2003/03/26/200441.php
To: vbmoneyspender
47
posted on
08/05/2003 8:27:40 PM PDT
by
comnet
To: vbmoneyspender
A Corporation only takes my money in exchange for goods and/or services, that I have freely consented to, of which cost and a profit are accounted into. No Problem, that is capitalism as my meger reason can grasp it. I do not have that option with government. I will in no way (cuss) argue that they don't piss it away in massive amounts and take far more power than they are entitled to under the Constition!
(Mr Gopher is staring down a .223 at this point...)
But, do not complain to me. Go buy a politician like everybody else does, or get up a special interest group to scream loud if enough (or in a PC way) to get what you want.
I would rather not have the world's best machinists and hardware in the hands of China, as it and much of our money seems to be headed. Cut your own throat as you see fit.
Seeing how I make money off of both I have no compunction against you making more profit. Actually, the worse things get the more I stand to make, so get your ass back to work!
To: DPB101
Ping to post 40
49
posted on
08/05/2003 8:34:11 PM PDT
by
Calpernia
('Typos Amnesty Day')
To: vbmoneyspender
The power of any multinational corporation is as a mooncast shadow compared to the power of the stateAre you suggesting that multinational corporations don't utilize their economic resources to exert influence over Congress and government policies for their own benefit?
To: Calpernia
large institutional "Publicly Traded" company with dismal reports? So a corporation becomes an evildoer when it is publicly traded and it's share price drops?
To: vbmoneyspender
That is not what I said. You seem to have lots of trouble reading post 13 tonight. Sorry to hear that.
52
posted on
08/05/2003 8:38:28 PM PDT
by
Calpernia
('Typos Amnesty Day')
To: Willie Green
Are you suggesting that multinational corporations don't utilize their economic resources to exert influence over Congress and government policies for their own benefit? Yeah, just like I and millions of other conservatives do through the NRA and the Republican Party? If you have a problem with special interests exerting influence in Washington, D.C., there is a simple solution to that problem. Vastly reduce the amount of power the federal gov't has and shareholders, via the corporations that they have an ownership interest in, won't have to pay protection money to the pols that wield power in Washington.
To: vbmoneyspender
54
posted on
08/05/2003 8:42:16 PM PDT
by
comnet
To: comnet
Being in IT I have firsthand knowledge of what was turned on us. I eat rich people so the more the better...
To: Calpernia
56
posted on
08/05/2003 8:50:14 PM PDT
by
comnet
To: BiffWondercat
Posted on Fri, Aug. 01, 2003
Globalism threatens U.S. living standards
Jobless recovery is only one sign of sweeping, fundamental change
PAUL CRAIG ROBERTS
Special to The Observer
Despite the economic recovery, the unemployment rate has risen to a nine-year high.
How can this be?
Part of the answer is the decline in U.S. manufacturing jobs. Between January 2001 and May, U.S. manufacturing jobs declined by 13.3 percent. (As of June the loss was 14.1 percent on a seasonally adjusted basis.)
Every state and the District of Columbia lost manufacturing employment during this period. Here are the losses by state:
20 percent: New Hampshire.
15 to 18 percent: North Carolina, South Carolina, Arizona, Colorado, Massachusetts, Maine, New York, Vermont and Washington.
12 to 14 percent: California, Connecticut, Florida, Illinois, Michigan, Mississippi, New Jersey, Oregon, Ohio, Pennsylvania, Tennessee, Texas and Virginia.
Most of the remaining states lost 9 to 11 percent.
Some of these lost jobs might be recovered if the economy gains strength. However, most appear to be jobs that have been moved abroad in order to benefit from lower labor costs.
U.S. labor that costs $26 an hour can be had in China for less than $1.
The United States, with its population of 289 million, only has 14.7 million manufacturing jobs left. If manufacturing job loss continues at the same rate over the next 28 months, only 12.7 million jobs will be left.
As the United States makes less and less of what it consumes, it runs a massive trade deficit. We pay for these foreign-made goods by giving up ownership of our assets -- our companies, real estate, stocks and bonds. Thus, foreigners gain not only the incomes from the manufacturing jobs but also the profits, rents, capital gains, dividends and interest from the assets.
A country that loses income streams from millions of lost manufacturing jobs, and from the trillions of dollars in assets it no longer owns, is a country that is losing a lot of income.
Allegedly, we are gaining it back in lower prices from cheaper foreign-made goods. But once the trade deficit drives down the dollar, the foreign-made goods won't be cheap any longer. We will have the twin evils of high prices and lost incomes.
It requires a lot of economic growth to offset the loss of high productivity manufacturing jobs. Is there a new sector to take the place of manufacturing in driving the economy?
The "new economy" was supposed to be based in "information technology" and services. But those jobs are also leaving the United States at a rapid rate. The Internet makes it possible for "knowledge jobs" to be performed abroad.
These foreign "knowledge workers" are displacing American engineers, designers, radiologists, stock analysts, accountants and researchers, in addition to clerical, customer service and telemarketing workers.
European countries have high unemployment rates among young university graduates, because welfare-burdened companies cannot afford to hire. Is the United States also creating millions of educated unemployables because the jobs for which they are trained go to foreigners?
If Americans wake up one day and discover that their economy is not for them but for foreigners, there will be political hell to pay.
Democrats will blame President Bush for the jobs lost during his term, but Bush is not to blame. Americans have failed to understand that conditions in the world have changed. These changed conditions have implications for their jobs and incomes.
Until recent years, Americans had few competitors outside Japan and West Germany.
Socialism engulfed the rest of the globe. Beginning in the mid-1980s, England, France and Italy privatized their socialized economies. China took "the capitalist road." The Soviet empire collapsed. Mexico undertook reforms.
These developments created investment opportunities abroad that socialism had blocked.
Suddenly vast pools of skilled and unemployed labor were available to multinational corporations. Wal-Mart could abandon U.S. suppliers and stock its shelves with goods made in China.
During the post-World War II period, Americans benefited from high levels of education, technology and capital. This made them highly productive and protected them from competition from cheap foreign labor that had less capital and technology with which to work. High-paid U.S. labor could produce so much more per hour than cheap foreign labor that U.S. employment had nothing to fear.
This has all changed. Today capital and technology can go anywhere, and they go to where labor is the cheapest.
This makes "globalism" a direct threat to U.S. living standards. Americans will continue to lose ground in the global labor market. The "jobless recovery" is one indication of this lost ground.
57
posted on
08/05/2003 8:56:33 PM PDT
by
comnet
To: vbmoneyspender
Yes and the money that is deducted from your paycheck goes to insure risky overseas investments by corporations via OPIC. The corporations have a lot of influence over politicians in and they are getting the politicians to protect them using the dumb ol' taxpayer to foot the bill. While a lot of people think its patriotic to pay taxes, these corporations benefitting from them do not care a whit for our national sovereignty, security or solvency. We(taxpayers) are just fools for the plucking.
Also, corporations promote socialised medicine. If the government(poor dumb taxpayers) picks up the tab, then their employees don't cost them as much and they are guaranteed payment by the poor dumb taxpayers. Sweet deal.
Corporations hate borders.They spend a lot of money on politicians to make sure immigration laws are not enforced. They spend a lot of money on politicians to make sure the government(poor dumb taxpayers) fund their mexicare program, providing housing, healthcare and schooling for their illegal workers. Tyson foods is a multinational. They have been busted time and again for illegals, and even have employees whose sole purpose is to act as coyotes to get the illegals to their plants in the US. Again, that 25% you pay to the government is funding this company, allowing them to slash wages and undercut American workers, because of the government(poor dumb taxpayer) financed mexicare, which pays all the benefits that the corporations used to pay to the American worker to the illegal. Sweet deal, huh?
To: comnet; DPB101
A good (long) read.
Thanks comnet.
59
posted on
08/05/2003 8:58:24 PM PDT
by
Calpernia
('Typos Amnesty Day')
To: hedgetrimmer
We(taxpayers) are just fools for the plucking.
WE are waking up!
60
posted on
08/05/2003 8:58:54 PM PDT
by
comnet
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