It’s an issue that forces politicians to a tough place. Whatever benefits they see to their own economies from freer trade, they must be
responsive to the voters who don’t necessarily appreciate the market forces that move their jobs overseas or flood their markets with cheap foreign
There is an apparent growing dichotomy between free market capitalism, and its offshoot of globalism, and the orientation of the nation-state in
imagining the ideal institutional forms and structures that can unify its population. Citizens in politically powerful, post-industrial economies can
effectively vote away the justified earnings of members of less politically powerful organizations and states.
We see this in protectionism, which is meant to buttress domestic employment from exogenous market forces such as price, but ultimately at the expense
of the wealth of the majority of the world's populations. When the third world actually develops a substantial industrial base, will they tolerate
such exclusivity at the expense of their own citizens, who themselves form the aggregate of their states' own Democratic legitimacy?
I can not comprehend the successful organization and allocation of the world's resources, whether natural or human, without a greater degree of
political and economic integration. This might include to some extent the abolition of certain notions of sovereignty so treasured by polities such as
the United States, exemplified in their ignorance of world trade agreements and international law. I postulate that without nationalism, and the
segregated Democratic institutions which fund nation-building (that is the precept by which only legal citizens can vote), wealth will finally be
redistributed to the most productive pockets of the globe, and not to those whose ideas of economic policy are characterized by centuries of
militarism and political dominion.
The world's present economic condition is entirely predicated on the insufficiency of a few nation-states' productive capacity, and their general
disinterest in financial and sociopolitical regulation (subprime mortgages and other loans for purposes of nation-confined egalitarianism, excessive
consumption, Community Reinvestment Act, etc.), all of which are characterized by nation-building and nation-citizen-oriented prerogatives, derived
out of a common neglect for the present condition of the world at their expense.
Where are we headed if not to alienation, famine and war if the people of the world are in no position (as in they lack the political organization and
influence) to deal with the affects of international trade in particular, considering they are equals in the inheritance of the globe and its
How is containing wealth in one nation ever justified in a highly interconnected world economy? How is sovereignty and the habit of propping up
citizens from one nation over another responsible in the face of economic recession and uncertainty, and even in times of relative normalcy? Is it
because they were elected? Do the politicians owe their constituency some form of payment out of the public treasury? Is the modern, post-industrial
state a viable model for which to advocate both Democratic principles and national economic policy concurrently
, or does it only benefit those
citizens born into them at the total expense of those born outside them?
The world can't rely on foreign aid forever. If the presently rich pockets of the globe fail to produce sufficient competition, why is it we continue
to "contain" wealth, when free market capitalism would otherwise provide an equal opportunity for the less developed regions of the world to succeed
where others have grown complacent and inefficient? This question is in relation to the recent auto manufacturers bailout. Why weren't foreign
corporations enticed to purchase a stake in these corporations? Was it because of a fear such a transaction wouldn't serve the best interests of the
people? Would the unions dissipate? Did they deserve to be there in the first place? Why was a bailout the first option considered?
I am utterly appalled by U.S. egocentrism in particular. When that country fails to be competitive, they take advantage of every aggressive and
irresponsible national policy tool at their disposal to supplant any possibility of failure, instead of realizing a short term defeat and investing
appropriately in the root causes of their problems, such as the education of a flexible workforce, the implementation of more efficient technology,
Everyone wants a piece of the treasury. Citizens feel they own the country and their politicians. America today is ancient Athens at its nadir.
[edit on 11-2-2009 by cognoscente]