The scam of the globalists Turbo-capitalist peddles false truths with the concerned complicity of the mainstream media and of the bribed political class.
The capitalist globalism has brought us the benefits ?
I for now note these effects :
- The workforce should be exploited to the benefit of the lucky few .
- Destruction of the refined and liberal western middle classes, both in the US and western Europe and former Eastern Bloc countries in favor of the new parvenus classes of emerging countries, rough and uncultivated, to whom we gave away our technology to please the bosses of our Corporations.
- The same Bosses who paid the election campaigns of our political leaders, who sponsored the entry of China into the WTO in 2001, without having the minimum guarantees and thus destroying the western manufacturing.
And perhaps is better the new class of nouveaux riches – Chinese, Indian, Russian – uncultured, autocratic, self-referential and illiberal that pollutes, corrupts and destroys the environment without respect for oneself and for others?
We live in a more civilized and democratic world than before?
I think not!
John Gapper in the Financial Times criticizes the Pope’s words when Pope Francis His First apostolic exhortation issued in November , he Took aim at modern capitalism for encouraging ” idolatry of money” and growing inequality in the world .
« His words resonated with many people who face the seemingly inexorable rise of the richest 1 per cent and income stagnation among the middle class in advanced economies. For the world as a whole, however, the Pope was wrong on both counts. Not only has income distribution become more equal but capitalism can take the credit.»
Gapper continues: « The same forces that have hollowed out manufacturing and clerical jobs in the US and Europe have lifted hundreds of millions of people out of poverty in China and India. They have made western economies far more unequal, while tilting the global balance towards equality. The winners are factory workers in China and India; the losers the western middle class. » « The winners are ….. factory workers in China and India , the losers, the western middle class. »
Even though, the same Gapper, is forced to admit « The pressures of inequality have been building in industrialised societies for two or more decades but the combination of the 2008-09 financial crisis and the inflated fortunes of the elite have reinforced them. The economic democracy of the mid-20th century is giving way to a distribution of wealth more like Edwardian or Victorian times. »
And he quotes Tony Atkinson, centenary professor at the London School of Economics, who says, « Simply, it is of capital and labor»..«We are seeing any kind of change that have benefited from the capital. Which tends to equalize wages overall, which means that their reductions in rich countries. »
Therefore, the globalists start at some completely fallacious assumptions of which I am going to list a few:
- It is not true that the middle class – as we have seen in Western Europe and in the U.S. in the past – is developing also in emerging countries.
- In fact it is a predatory elite composed of a few hundred million people spread across all the mentioned countries that governs a mass of urban proletariat exploited and underpaid who abandoned the countryside attracted by the mirage of industrialization.
- The campaigns, hitherto cultivated and kept in order by the poor peasants but with a dignified life, or have been abandoned or are in the grip of unscrupulous businessmen who pollute them beyond repair.
- But the decisive and nullifying consideration is that a middle class civilly mature, aware of their rights, cultured and democratic is built through centuries of high civilization history and social achievements.
Certainly a middle class of this type was a constant control for the Western powerfull elites and therefore they act so that it is scientifically destroyed by the turbo globalism which can now bring his slaves merrily towards a senseless apocalypse made of inequality, poverty , and of indiscriminate destruction of the resources of mother nature.
It is no coincidence that the leadership of the West is placed in jeopardy by political elites inept and incapable belonging to a middle class ruined at the service and at the payroll of the powerful elites, which even now lack the awareness of their role in community and that does just focus on short-term profit .
At the bottom: the cheering crowds of the emerging middle class who are protesting because the stores have sold out of the iPhone and Nike products…..hahahaha….;-)
Attention! The new rich are buying the Western democracies………
Chinese Recycling Tycoon Will Learn Why the New York Times Is Tough to Buy
One problem: Unlike most publicly traded companies, control over the New York Times is not for sale.
The Ochs-Sulzberger family that has run the newspaper for the past 117 years has an ironclad grip over the company through its Class B shares, which aren’t traded over any public markets. We covered some of this in a previous story when another bluster-filled moneyman made similar claims.
Note a few changes from the last post that might make investors even less likely to part with the company: The Times Co. stock is now trading at about $16 a share, and its market value is $2.33 billion; the company recently restored quarterly dividends to shareholders, which should net the Ochs-Sulzbergers $3.1 million annually. It’s better than nothing but far lower than the $20 million they used to get before the recession.
Bloomberg Businessweek contributor Roben Farzad asks whether the board would have to consider an offer that far exceeds its current share price as part of its fiduciary duty to shareholders. It’s a good question that doesn’t have a clear answer since the Ochs-Sulzbergers effectively control two-thirds of the company’s board seats. Also, the owners don’t typically say what’s on their minds.
The Times Co.’s proxy does make clear that when someone purchases a share of the Times, they’re buying into its central mission: journalism. Profit is presumed. Therefore, any bid, no matter how lucrative, would still have to take that into consideration. Keeping in mind China’s antagonism toward journalism — the Times website is blocked there, as is Bloomberg.com — Chen should expect to face plenty of scrutiny.
Whether a dollar value can be placed on journalism itself isn’t a debate we are prepared to delve into at the moment. Maybe ask Rupert Murdoch?