January 3, 2012
Admiral Perry, British Empire, China, Corporate Greed, corporations, Currency, Economics, globalization, Infant Industries, Japan, Macroeconomics, Multi-fiber Arrangement, Protectionism, tariff, United States
Protectionism helps us at home and our friends abroad
The expired Multi-Fiber Arrangement left thirty million people across the world unemployed. These workers were unfortunate victims of globalized free trade. Free trade leads us to believe that goods should always be produced by the firms competing under pure capitalist conditions. This idea is not wrong; it is only the dangers of free trade should be mitigated in emerging markets around the globe to give them the opportunity to succeed. Protectionism, the antagonist of free trade, is the solution to best prepare infant industries and emerging economies anywhere in the world; this policy employees more denizens, produces stronger industries, and cultivates stronger markets than free trade ever could.
Inefficiency creates more jobs. If the entire world can exploit a market then only those countries with the most efficient industries will be able to sell. Protectionism erects a wall of tariffs that prevents foreign goods from ever contaminating domestic markets by driving prices up to an inclusive level for domestic products. Under protectionism, small industries gain a foothold, bloom, and employ more denizens in every country across the world. There are minor concessions; on a global level less of goods are produced and the cost is driven up slightly as well. These negligible effects diffused throughout the consumer markets means the world to the now employed workers who can support their families. Protectionism is more humane than free trade.
Stronger industries are built under the shield of protectionism. Behind a wall of tariffs the United States built mighty firms of industry that dominated the world for the second half of the twentieth century. Preceding the Americans, the British had done the same when the pioneered the Industrial Revolution and built an empire upon which the sun never set. Since the 1970’s China used numerous protectionist policies, notably keeping its currency artificially low. It is predicted to have the world’s largest GDP by 2020. Examples of booming economies that got their start in free trade are scare. Columbus and Admiral Perry opened up trade to the Americas and East Asia respectively. In both countries widespread exploitation of natives and complete sterilization of domestic industries ensued following the introduction of cheap free trade imports. Free trade is a tool of the strong to stay in power and collect wealth; for weaker nations and industries free trade is a poison which cripples.
Stronger markets evolve under protectionism. Protectionist policies protect infant industries and prevent exploitation of weak economies. In an international market of free trade monopolies are certain to emerge. Monopolies are established when there is not industrial competition. This problem hurts everyone. Consumers suffer from an inferior product; without the Darwinian survival of the fittest threat the producers have no incentive to innovate. Marginal producers are harmed. Any attempts to breach the market are squelched under the monopoly. The monopoly hurts itself through stagnation. Protectionism is the best means in a globalized economy to give marginal producers and infant industries the time to create a profitable industries despite the monopolies. Consumers and marginal producers benefit from better products and pay checks while potential monopolies are broken out of self-defeating cycles of stagnation. Protectionism helps everyone.
Protectionist protects countries. It harbors citizens and gives them jobs. It cultivates infant industries under a cocoon of tariffs. Better products and firms are brought to market thanks to protectionism. It seems almost silly to even think about introducing globalized free trade to emerging economies; it corrupts infant industries and kills jobs. If it were not for multinational corporations, who preach fallacious free trade to all for a better profit margin, protectionism would indisputably hold in its rightful place as protector of firms, consumes, and employees.
November 16, 2011
Ayn Rand, capitalism, Corporate Greed, corporations, Developed Countires, Developing Countries, Economics, Economy, Free Trade, globalization, Karl Marx, Living Wage, Macroeconomics, Protectionism, quote, Sweatshops, wage slavery, Working Class
While free trade is the optimum interdependence policies of developed countries it does not aid developing nations.
Free trade endeavors to help workers in developing countries; the problem is that it cannot succeed in our cut-throat, capitalist world. When corporations go into developing countries they are not being philanthropic: they want to make money. In order to succeed in our globalized world, companies purge themselves of humanity and squeeze every last cent out of their production. This is not necessarily good or bad, it is just how the world of business works.
Growths of industries in developing countries create working class jobs. This class of jobs is both rudimentary and menial. Some examples are textiles, agriculture, and manufactured devices. They do not build human capital or financial gains; they are effectively powerless to better themselves. Karl Marx mourns them as: “that class of modern wage labourers who, having no means of production of their own, are reduced to selling their labour power in order to live.”
These laborers in developing countries, who have opened themselves to free trade, are arrested by wage slavery. Their occupations pay them just enough to live, but not a cent more. Free trade, cut-throat capitalism, and nations full of alternative workers guarantee that payrolls will be capped at the living wage. Budding domestic industries, termed infant industries, are unable to thrive because full-fledged foreign competition steamroll over them. Once infected by free trade developing countries are in an unfavorable position to ever become developed.
Ayn Rand, the most important philosopher on capitalism, believes that free trade is along the optimal path for economics. However, she also knows that under free trade, “the good of some men takes precedence over the good of others, with those others consigned to the status of sacrificial animals.” Developed countries are benefited, while developing countries are left by the wayside.
In conclusion, free trade is not the solution for developing nations because it polarizes their populations into numbed working classes, trapped in loops wage slavery and human capital erosion until a new force, perhaps protectionism, stems the drudgery. If not, developing nations are, “consigned to the status of sacrificial animals.”
October 2, 2011
Arab Spring, Arrests, Battle of Brooklyn Bridge, Battle of The Brooklyn Bridge, Congress, Corporate Greed, crime, domestic, government, Jasmine Revolution, New York, New York City, news, NYPD, Occupiers, Occupy Wall Street, Occupy Wall Street Journal, Orange Netting, polarization, Protesters, Protests, The Battle of Brooklyn Bridge, United States
What’s wrapped in orange netting, tastes like pepper spray, and is synonymous with “revolutionary?” The Occupy Wall Street Movement.
Police Officers Arrest Over 500 Occupiers
What Happened Today?
With chants like, “Hey, Hey, Ho, Ho. Corp-rate Greed has got to go!” Hundreds of Occupiers moved from New York City towards Brooklyn, across the historic Brooklyn Bridge. Many took the pedestrian walkway and protested unmolested. An undetermined number of demonstrators were entrapped in the traffic lanes, by police officers. They were cordoned for hours as police officers arrested a few at a time. All were arrested. By 8:05 the Brooklyn Bridge was reopened, much to the inflamed bemusement of commuters.
Growing numbers of Occupy Wall Street protesters, initially it was announced that 400 were arrested, then 500, and now more than700, were arrested in The Battle of Brooklyn Bridge. Many of those who have been arrested have been released with a mere summons. The NYPD is simply running out of resources such as, as many dark humor activists have pointed out, cable ties.
The Aftermath Facts
The precincts are full, the 700 protesters arrested today it is said they have been left on buses for the time being. No water, no food. Apparently, international photographer to Monica Lopez has taken photos of a twelve-year-old girl getting arrested. Several marines, in organized fashion, are coming to support the cause, have are coming to support the protesters. At least one legal observer was arrested. These revolutionaries are in it for the long haul. There is no sign of them halting, their momentum only gains.
How is the Protest Progressing?
For hours a live feed of the Occupy Wall Street protests have streamed, live, their demands. The growing multitudes voice their demands in call and response pattern; one leader speaks their beliefs and the congregation echoes their concern. Their concerns are simple; protect our environment, protect our security, protect our jobs, and above all protect the rights and political power of the “99%.” The 99% refers to the everyday American, not the Wall Street Broker or the Hollywood Big Shot, but instead the everyday hero.
They fight for every teachers, every soldiers, every salesmen, everybody who has ever worked in a cubicle, and even every police officer. Our jobs have been leached from America, globalized by corporate greed as our national stability is endangered by an increasingly polarized Congress. They are speaking out because the system of checks and balances is out of balance and too many good people are getting hurt for the benefit of a few fat cats, who have bankrupt this once great nation, can lounge in their penthouses. This will not continue, the Occupiers will have victory.
Get the Latest at this Occupy Wall Street Twitter Feed, or you can get a copy of the Occupy Wall Street Journal.
Get the Demands of the Occupiers Here.
A Patriot Plays
September 28, 2011
Arab Nations, Chicago, Citizens United v. FEC, Citizens United v. Federal Election Commission, collective bargaining rights, Corporate Greed, corporations, crime, Denver, Economics, Egypt, Greek Riots, Investing, Jasmine Revolution, Judical, Libya, Los Angles, maldistribution, Michael Moore, New York, news, Occupy Wall Street, Pepper Spray, Police Brutality, Protests, Reform, Second American Revolution, Tunisia, Wall Street, Wisconsin, Yemen
Occupy Wall Street Protesters Arrested For Campaigning For Basic Human Rights
It should be noted that the Arab Spring flared in America on September 24, 2011 and has since burned brightly, lighting downtown New York City while singeing Chicago, Denver, and Los Angles. This global revolution has taken the form Occupy Wall Street here in America. They campaign for ethical reforms for majority of the population, which are needed to combat the unconstitutional and immoral actions of the richest 1% of the population. In the words of Michael Moore, “Something has Started.” This is the beginning of the Second American Revolution.
What are the Occupy Wall Street Protestors Moving to Accomplish?
They want to enact economic and judicial reforms on a national scale.
They are campaigning against a broad range of failings that have hurt the American public. Several important issues are combating corporate greed, unshackling union’s collective bargaining rights in Wisconsin, and overturning Citizens United v. Federal Election Commission, a Supreme Court Decision that gave corporations the right to invest unlimited funds in political campaigns. Many demonstrators believe the financial sector, embodied by the Wall Street Stock exchange, to be at the heart of these problems. This is why ground zero for Occupy Wall Street is in New York City; they really just want their voices to be heard in the increasingly polarized and glaringly corporate political battleground.
Will They Be Successful?
Their protest is the American manifestation of the Arab Spring, which has uniformly been unstoppable. The trend with this sociopolitical titan has been that nations either meet the demands of the populace or inevitably fall to rebellion. These protests will be historically noted as the beginning of either one or the other in America.
The Arab Spring has already been felt around the world, from the revolting Arab nations successfully completing revolutions, British looting of London, and Greek riots spreading anarchy. Everywhere people are revolting against the same issues, only the names and places are different. It is likely historians will it call the Jasmine Revolution, after its original name with the fiery startup in Tunisia.
These initial protests may not be successful, perhaps doing little more than slowing a few investors commute. What is significant is that Americans are mobilizing not against any specific issue, but instead against the decaying economic order. They are protesting the schism between the astounding wealthy and the numerous poor. This is similar to other “Jasmine Revolutions.”
How Does Occupy Wall Street Resemble the Arab Spring?
Occupy Wall Street, which can be identified as a public organization for economic reform, bears striking similarities to the origins of most Arab Spring revolutions.
The Tunisians, the first pioneer of the Arab Spring, say their revolution was sparked by “unbalanced economic growth” as well. Egyptians revolted due to, “rising food prices, high unemployment, and the corruption that pervades economic life in the region.” Yemen is on the verge of a regime change, because of a widely corrupt government and major “economic grievances.” With the exception of the corruption, all of these concerns are prevalent in every region of the United States. The maldistribuiton of wealth and resources in America parallels those of the revolting Arab States; it was only a matter of time before distraught and jobless citizens took action.
Why Has There Been Police Brutality?
I would like to make note that while there have been a few occasions, including one incident involving dangerous use of pepper spray and others where police aggressively arrested unruly protesters, on the whole Occupy Wall Street has not suffered from unexpected amounts of police brutality. This is a large-scale, well covered protest; incidents of this nature happen during such demonstrations. It could be much worse and much more violent. These cases of controversial police aggression are regrettable results from the patriotic activism of the protesters going beyond conventional terms of engagement. These protesters knew the risks when they decided to stand up for what they believed in. The policemen are simply doing their jobs; I would not judge them too critically lest they desert our popular cause entirely. Everybody knows they did wrong, all we can hope is that incidents do not persist.