HF1359 .S736513 2008The War for Wealth: The True Story of Globalization or Why the Flat World is Broken
Steingart, Gabor, 1962-
From the Publisher:
A rallying cry to renew the position of the West in the global economy. If globalization's cheerleaders are right and the world is indeed flat, then it's tilted heavily toward the East. In this provocative look at globalization and its discontents, agenda-setting journalist Gabor Steingart challenges the cadre of well-known globalization supporters-from Thomas Friedman and other media personalities to economists to the politicians that are enabling this transfer of jobs and wealth-to show how the same free-trade policies that are responsible for the Asian economic miracle are destroying the West's way of life and standard of living.
A rallying cry to renew the position of the West in the global economy. If globalization's cheerleaders are right and the world is indeed flat, then it's tilted heavily toward the East. In this provocative look at globalization and its discontents, agenda-setting journalist Gabor Steingart challenges the cadre of well-known globalization supporters-from Thomas Friedman and other media personalities to economists to the politicians that are enabling this transfer of jobs and wealth-to show how the same free-trade policies that are responsible for the Asian economic miracle are destroying the West's way of life and standard of living.
Using numerous examples, The War for Wealth demonstrates how China and other Asian powerhouses have turned the sources of our economic might against us, and shows how we will continue to lose wealth and prosperity if we continue down the current path. To resolve these issues, Steingart makes a strong case for controversial fixes, such as a NATO-like trans-Atlantic trade agreement and a rethinking of our most basic trade policies.
1 comment:
The U.S. Federal Government sponsored the moving of factories outside the USA in 1956. It was supposed to be a temporary program but it never ended.
1956 was also the year when money was Globalized after the Suez Crisis.
Then the maquiladora factory program came and by 1992, more than 2000 U.S. factories were moved to Mexico alone.
When Clinton, Gingrich, Dole and Rush Limbaugh pushed the passing of NAFTA and GATT, the number of factories moved to Mexico doubled to more than 4,000.
The U.S. has suffered a Trade Deficit since and worst yet one of the most important money values, we have is the value or workers and labor. This value is a tangible value and real asset acting as a money standard. The severe deflation of this value is now impacting the value of printed paper money where various manipulations have to take place to add value to the paper money.
Fed Chairman Ben Bernanke actually struck at the heart of the matter when he told Congress during the first Stimulus package debate,the best way to stimulate the economy is to buy "domestically produced" goods. End of story.
See http://www.bizarrepolitics.com/ben-says-buy-usa
http://www.bizarrepolitics.com/globalization-of-money-products
http://tapsearch.com/tapartnews
http://tapsearch.com/clinton and
http://ezinearticles.com/?expert=Ray_Tapajna
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