It's a process not an accident. This economic experiment which, since Richard Nixon decoupled the dollar from gold has embarked the Free World on Free Trade economics with ever decreasing restrictions or controls, eventually plunging the
world into the Lehman Banking crisis, a contagion which we have never recovered, despite the band aid of Quantitative Easing.
Turn the clock back but no they say you can't turn the clock back.
We can't go back to the old days of financial stability, of people
living within their means. We have to feed consumerism, that trick to empty wallets and buy things we never knew
we needed.
Who turned the clock forward and, on the back of consumerism, decided to supply the credit struck consumer with cheap goods made in countries on the far side of the globe whilst our own factories closed and the workers from those factories were
thrown on the scrap heap to exist on benefits which only now, as the
second stage of the great experiment takes place and we discover we
can't actually afford the people on benefits.
Who became the arbiter of who would be the winners and who would be the losers.
The design, mapped out in the boardrooms of Goldman Sachs and their ilk had a not so complicated scheme in which economic power was largely removed from national politics and its concern for public interest, by the application of the global market place supplied
by global players to peruse global interests
What happened to the national interest. The nation interest was sidelined. Governments bought into the concept of everlasting growth through expanding markets which could only be created by moving the source of production into these potential
markets. The global wealth was shifted on purpose to stimulate global rather than national wealth.
Where were the local people fighting for the national interest.
Once the shift in power moved from parliaments into the banks and
sovereign funds, located where the oil money consolidated, like a monitory slick with nowhere to go but back into
buying the parts of the old systems national artefacts and securities at prices which eradicated the local to second or third tier onlooker.
Who sold us all the dummy of internationalism. The concept of
looking beyond ones own boarders and visualising the potential of a
business venture has been with us from the days of the silk trade. A legitimate barter of skills for raw materials
is as old as man's first settlements and proved the great socialising force for
communities to gather together. Internationalism, as the name predicts,
is predicated on national entities recognising one another as individual entities. It's this recognition
and respect for the national character which makes the history of international trade such a long one.
It differs from Globalisation in that in the global system boarders and
national States become superfluous. The trades are between autonomous businesses, businesses free to choose their domicile, to invent and reinvent themselves, to own no allegiance to
anyone other than their shareholders. They are a layer above the layer
of the state there are few rules other than the ones they make for themselves, they are the Masters of the Universe.
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