New World Order—Global Economic Policy
with
Darrell Udelhoven
- EMPOWERMENT COMMUNICATIONS
The
Real
Political Issues are the Critical Issues the Corporate Media Seldom
Cover
Publisher of the Series - The Real Political Issues & People
Empowerment ©1997-2006
How long can this New World Order—Imbalanced Economic Policy
Paradigm—continue to Escalate before the Homeland Economies of major
First and Third World countries Crumble?
We can and
must change this 'New World Order' economic policy system into new
mutual global win/win economic policy relationship equations. Advocates
of these new free and totally unjust investment, finance, and trade
policies are constantly singing the old song of "comparative
advantage." This is a great propaganda tool of the corporate controlled
"New World Order" as is: nationalism, isolationism, plus a host of
other adhominems, but the reality is that: free market,
free trade, and free global investment, is both not a mere comparative
advantage, but an wholly "noncompetitive economic relationship
equation"
which is horrible economic policy travesty for millions of World
citizens.
Present economic policy is fundamentally noncompetitive and wholly not
sustainable over the long term, due the extreme global production cost
differentials
between countries whereby, transnational corporations are totally free
to
exploit these differentials at will. These win/lose equations destroy
the
homeland economies of both First and Third World countries while it
fattens
the exploitive profits of the Transnational Corporations. What about
the
economic consequences that lead to terrible human suffering?
The
New
World Order of Economic Policymaking is Producing "Totally
Noncompetitive Advantages—Not Comparative Advantages"
It is
beyond reason
to call it a comparative or competitive advantage, this is the kind of
reckless rhetoric these pundits are never called on the carpet for! Any
authentic analysis would reveal—such gross differentials in
conservation and pollution regulations, in labor laws, wages, and total
production costs as to be a travesty of human reason to phantom the
idea of allowing the free flow of investment money and the massive
transfer of First World industries to those countries with the idea of
shipping manufactured goods back to the First World countries.
Corporations are the only winners in this totally one sided equation.
What entity monopolizes trade and Homeland economies?
Universal Economic Relationship Principles
There are
universal operational principles that require a just equity balance in
all long term sustainable relationships. When economic relationships
get out of balance horrible catastrophes result in poverty and extreme
human suffering. Balance is the natural condition of all that exists,
therefore, for an economy
to be sustainable, economic relationships need to be brought into
balance and justly maintained.
Regulations that Produce Balanced Relationships - Pay Big
Returns
Intelligent
regulation producing balanced economic relationships is the most
prudent and cost effective policy criterion mechanism we can implement.
If you believe deregulated free market, free trade, is the solution to
all of our problems how do you explain professional sports?
Everything imaginable is done to produce level playing fields in every
possible dimension because without optimal equity of opportunity to
compete there would be no paying fans, no television and radio moneys
flowing, and no corporate profits! Additionally, what
would we do without building codes, plumbing heat and air, and traffic
and
air water and soil pollution regulations. Food and drug safety
regulations; without intelligent regulation you have endless
exploitation disaster and gross chaos, hardly a prosperous relationship
environment.
The New World Order Global Economic Policy Makers
In the
corporate "new world order" economy, the 37,000 global operating
corporations, represent four fifths of all world trade and most of the
foreign investments. These global operating corporations also represent
two thirds (2/3rds) of the world's economy! They are the initiators and
promulgators of nearly all of the global investment, finance, and trade
policy agreements. These new agreements in investment, finance and
global policies allow these 37,000 global corporations to be big time
winners by exploiting, in every conceivable way, the homeland economies
of both the developing and developed countries. The actual costs to the
homeland economies, if it were accurately computed would boggle your
mind. Transferring or exporting a countries core wealth producing
manufacturing industries and their wealth producing jobs to the lowest
production cost countries in the world will eventually devastate the
local homeland economies.
There is no
country allegiance
or loyalty in this competition between corporations to invest in and
build
factories in the absolute lowest production cost countries in the
world.
Whenever possible, their profits are transferred to the lowest tax rate
countries. Industries and jobs of First World countries can be
transferred
to the cheapest production countries anywhere in the world in an
electronic
blink of an eye.
In
Conclusion
A
Healthy Prosperous Balance Required
It is
obvious that in all economic relationships we should work with the
universal laws of balance and equity which always lead to mutual
prosperity. This mutual dynamic synergy generated prosperity produces a
new healthy balance between all homeland economies and the economies of
transnational global operating corporations. This results in stable
sustainable homeland economies and stock markets that optimize profit
and prosperity across all class sectors. This results in stable
economies in all the major economic class sectors worldwide and a
related mutually beneficial cooperation to the mutual benefit of our
rapidly growing near six billion world population.
Holy
Scripture Reference's Iniquity Twenty Five Times
Iniquity:
has its origin in the word unequal, and a definition of: lack of
righteousness or justice; wickedness; wicked, unjust, or unrighteous
act. My Holy Bible refers to unrighteous and unrighteousness in The New
Testament twelve
times. The point is, the gigantic abominable inequities we see in
global economic policy rise to the level of gross injustice. We are
talking
about righteousness in policy making to a standard allowing for a
reasonable
opportunity to earn a living; the most basic essential human right
there
is! It is by our sins of omission that we will be judged. Consider the
derivatives,
hedge funds and other high stakes leveraged gambling going on in the
world
today to the tune of 80 trillion dollars in derivatives negotiable
amounts,
or more that 10 times the U.S. Gross Domestic Product. "These are
unregulated contracts between the two parties." In the 1920's
derivatives were only
leveraged say a dollar to ten dollars now it can be a dollar to a
1000 dollars. We didn't have a giant national debt when the 1930's
world
depression took place, most economies are in much worse shape this time
around.
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Posted 2002
LAST Modified: 01/19/06
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