New World Order—Global Economic Policy

with Darrell Udelhoven - EMPOWERMENT COMMUNICATIONS

The Real Political Issues are the Critical Issues the Corporate Media Seldom Cover
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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