Why do you hate globalization, China, and India?

As I see it, the world is moving in the right direction. Technologies have eliminate privilege.

You are rich, and privilege, not because of where you are born,

but because of what you know, you skills, you hard work and education.

For once in the history of mankind, if you are smart, ambitious, and hard working at school anywhere on the planet, you have a chance at a middle class life anywhere in the world.

Why do you hate globalization, China, and India?

...you bother to much Vic, why do you care to answer such nonsense I wonder ? You are probably one of the most forgiving persons in the forum...a straight laugh would be enough, but you actually go through it step by step...

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As I see it, the world is moving in the right direction. Technologies have eliminate privilege.

Fascinating concept. Perhaps you'd like to offer examples?

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You are rich, and privilege, not because of where you are born,

I dare say the very vast majority of Africans disagree with you...except the priveleged elite. I daresay the farmers in China are in a similar state of disagreement. Those Iraqi's that grew up under a sanctioned Iraq would have disagreed also. North Koreans probably don't have enough information to disagree.

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but because of what you know, you skills, you hard work and education.

Such a shame that what you know, your skills, and your education...largely rely on access to education, which is minimal in many countries.

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For once in the history of mankind, if you are smart, ambitious, and hard working at school anywhere on the planet, you have a chance at a middle class life anywhere in the world.

I guess you aren't aware of the growing divide between the rich and the poor then? Nor aware of the shrinking middle class (in developed nations at least)? Nor what percentage of the US population controls what percentage of it's wealth?

There are plenty of people who understand the ramifications of globalisation who don't 'hate' globalisation...which is a good thing if done ethically and with social conscience. Unfortunately, profit, rather than 'ethics & social conscience' is by far the main aim of the day for most global corporations.

Why do you assume I hate globalisation, China and India?

What an extraordinary assumption.

Why do you assume I hate globalisation, China and India?

What an extraordinary assumption.

Aber die Bayerische Leute sind ganz gemuetlich. (Ich habe kein Umlauten am meine Maschine.)

Hi Fil,

I think everyone has their own journey to go through. If I am further along in my journey on a particular path - that is no reason to berate others who aren't as far along. And I would expect the same in return were the positions switched

That said - I do also recognise when people aren't open to ideas. And even then, sometimes I'm happy to share my thoughts.

Hi Turning,

Your reply barely addressed my responses (though it appears you think they did), and where they did, they were quite incomplete regarding the effects.

Do you by the way, know how to break the poverty cycle?

Do you know how to grow tribal societies into modern societies? Do you comprehend why corruption is endemic in tribal societies when large amounts of money are introduced? And the exploitation that allows?

Do you understand why economies take time to develop, and why plonking a factory in the middle of poor labour can lead to a decrease in entrepreneurial skill (which is necessary for countries to develop a sustainable economy)?

Do you comprehend how taxation works to sustain and grow economies, and the effects of introducing foreign factories at discounted tax rates into an impoverished country?

That a short list that barely scratches the surface of different questions regarding economies. Economics is a vast interwined web of : culture, skills, role-modelling, child raising, education, training, opportunity, specialisation, taxation, protectionism, trade, transport, agriculture, accountability/law/anti-corruption etc.

It's easy to show you numerous places where what you say doesn't work - the overall effects are obvious once you look for the complete outcome (rather than specific outcomes in a sector that is only a minor part of a complete economy). The 'glittery fluff' that multi-nationals sell regarding 'how good they are for impoverished economies' and that is bought by many people ignorant of the entire system... is only properly understood by looking at the whole system.

It's also easy to show places where some of what you say actually works. Asia has great examples of both sides of the coin. And on the note of Asia - do you know by the way, why I included Chinese farmers in my previous post?

It seems to me you don 't know. You want to go metaphorical on me? No, no, friend.

All evidence seems to point to comparative advantage, and export led growth is the only way for a poor nation to become rich

As I see it, the world is moving in the right direction. Technologies have eliminate privilege. You are rich, and privilege, not because of where you are born, but because of what you know, you skills, you hard work and education.