A New Global Economic System Is Required

The Existing Global Economic Policies are Failing the World's Common Citizenry

    The existing global economic policy that fosters widespread exploitation of the masses by the Transnational Corporations TNCs must be remedied. This has resulted in 'noncompetitive' production cost relationships with increased concentration of wealth and power to the few.

More Proofs of the General Failures of Global Economic Policies

    The special UN General Assembly session in Geneva last week concluded that poverty, inequality and insecurity have increased in the world since globalism was launched. The number of people living in absolute poverty has increased from a billion five years ago to 1.2 billion. It is the conclusion of a collaborative report prepared by the World Bank, the International Monetary Fund, the Organization for Economic Cooperation and Development and the United Nations itself.

    For more than 30 of the poorest national economies, real per capita incomes have been falling for the past 35 years. Asia is the only region in which poverty rates decreased during the past five years.

    Economic progress in Latin America was weakened by the increase in inequality - a global phenomenon. People in the industrial countries now are 74 times richer than those in the poorest. The wealth of the three richest men in the world is greater than the combined GNP of all of the least developed countries - 600 million people.

    This impoverishment has occurred at a time when globalization was supposed to have launched the poor into sustained economic growth. It has done nothing of the kind.

    Globalism as a phenomenon is the product of technological developments that allow integrated global communications and the possibility of real time financial transactions and globalized manufacturing. These are politically and socially neutral. How they are used is what matters.

    Globalism as ideology demanded that these resources be placed at the service of deregulated markets, and asserted that the action of the marketplace would bring large social and political benefits.

    The experience of the last few years has not been the result of objective forces arising from the nature of the economy itself, or of irresistible technological forces. It has resulted from deliberate policy choices made by the governments of the advanced economies - chiefly, the U.S. government - acting in good faith, but also according to what they considered their national interests and the particular interests of influential political constituencies in their financial and corporate communities.

    The belief that market forces would naturally enforce the general interest originated as the sectarian enthusiasm of a minority of writers and theorists in Britain and the United States beginning in the 1970s, and it derives more from their political hostility to so-called big government than from economic analysis.

    The movement's principal intellectual progenitor was Friedrich von Hayek, whose arguments concerning free markets included the contention that government regulation in the economic sphere is connected in a fundamental way to political tyranny.

It is Time to Empower the Economic Opportunities of Our World's Citizenry

Unprincipled Standards that Promote the Creation of Noncompetitive Relationships in every Arena of Production Costs must not be allowed

    Worldwide sustainable economic growth requires a balance between economic communities and will also require that renewable energy sources be used for all economic development. This will save lives and preserve the land air and environment while saving tremendous amounts of money which will lead to mutual prosperity and quality of life.

These New Global Economic Policy Decision Making Standards will balance trade among countries and produce broad based worldwide sustainable -- stable economic growth

    Trade deficits are being created due to the untenable noncompetitive production costs between countries with disparate; regulations, labor, land, taxes, and other costs. This production cost advantages are not acquired by a mere country of origin so called "comparative advantage," but rather are "noncompetitive" structural stage of development and dictatorial regime exploitation of the masses that we should not allow corporations to exploit any further.

    All of the citizens within each country should have the opportunity to vote on those persons they want to represent them.

The Democratic Sovereignty of Countries and their Citizenry's is at Stake

    It appears that these policy making organizations are brought into existence and function in the interest of TNCs. Of the 136 member countries of the World Trade Organization WTO, the Quad countries which consist of the U.S., European Union, Japan, and Canada can and do meet behind closed doors and influence rulings, and those decision maker's are primarily working for corporate interests.

    The WTO permits countries (primarily on behalf of corporation interests) to challenge each other's laws and regulations as violations of WTO rules. These challenge cases are heard by a three member trade bureaucratic tribunal, which are usually corporate interest lawyers.

    My point is that, these policies are deal directly with your fundamental constitutional rights which ought to be sovereign. It's about your jobs, it's about your environment, it's about your communities; fundamentally it's about your democracy: This is about whether We The People are going to rule or these corporations are going to rule.

The WTO and all Global Economic Policy Making Organizations should be the Central Issue of all Elections World-wide

    Your vote should turn on - where each candidate stands in respect to the WTO issues and your democratic sovereignty! This is the only way there will be any in-depth media coverage of this critical issue to every world citizen's future. Remember The Green Party and Ralph Nader; and The Reform Party and Pat Buchannan -- they must be in the presidential debates!

Poor George, Vice President Al Gore Is Talking About Real Human Being Issues—Oh How Unfair!

I'm very concerned about those crocodile tears over supposed class warfare that George is suffering from? Yes George, no one in high office is ever supposed to mention any of the "Real Human Being Political Issues," however, "class differentials in equity of economic opportunity policy making is a real quality of life political policy issue that must be debated."

The reality is that 95% of the people, in fact even the wealthy, should be rejoicing over Vice President Gore's standing up for a new economic paradigm of win-win verses the present zero-sum win-lose economic policy making formula.

The increasing concentration of wealth now has it that 1% of American's own 49% of this countries wealth and it is getting worse under present global economic policy making principles. The present and past economic policy making contain no "high order principles of economic equity of opportunity across economic class lines."

I want everyone in America, and all around the world, to think about this wholly immoral public policy debacle. If America's leaders do not take the lead in the resolution of this economic equity of opportunity problem, there will be too many revolutions and wars fought for economic justice to ever begin to deal with.

Now, this message to America's and the World press! Within these issues lies the ultimate life and death destiny of hundreds of millions of human beings. We have a six billion world population that have human economic and biological needs to be met through the making of a rightly principled global economic policy making agenda.

This economic policy making agenda must include incentives to promote the worldwide use of renewable energy coupled with recycling of precious metals and other materials so that real per capita incomes can be raised on a worldwide basis without poisoning our sources of life.

"Yes, we can have a win-win principle based world economy."