The problem has been allowing global arbitrage on wages and job conditions. / Archytas
That (your identification of the problem) makes a lot of sense to me, even from my very limited knowledge standpoint.... Trading partners and trading treaties.... Here in the U.S. there have been decades of "Free Trade" agreements that have laid waste to large sectors of the U.S. manufacturing and even agricultural bases of the economy. I thought for a long while that the E.U. served as a better buffer against this, and perhaps it was (requiring similar labor laws for E.U. member nations and the like).... but the E.U. seems to be suffering something of the same fate as the U.S. concerning foreign trade contracts... with non-E.U. countries that produce "things" for less.... Tariffs against foreign goods seem to be discouraged nowadays.What do you think about the notion of some sort of "corporate citizenship".....whereby any and all business entities that operate economically in a nation (or group of nations like the E.U. ) should be required to produce the main part of the products the businesses sell in that county (or countries).... in-house.... Simplistic (?), but that was (used to be ) the general notion, I think. The same should extend to "intellectual property".... patents and the like... I would think... In the U.S.we have a "department store chain" called Walmart that specializes in inexpensive products from foreign countries.... I just did a quick check and noticed that it went to Britain, too (ASDA?)....there's one of the "culprits".... It should have been "tariffed out" by the E.U.... while you had the chance...... In the U.S., we got suckered in and have been junkieing out on that crack (drug reference) for ages.... http://corporate.walmart.com/our-story/our-stores/united-kingdom-stores I found these web sites...... haven't looked into it much..... (numbers... frightening....HAR) But then.... even bringing up the notion of re-establishing Tariffs.....could get someone shot, these days......go figure.... http://www.intracen.org/World-tariff-profiles/ http://www.wto.org/english/res_e/booksp_e/tariff_profiles09_e.pdf Your much appreciated in-depth article on the economic picture is something I want to think more about before I attempt any opinions......or comments......The whole area of banking and investment leveraging and "bubbles" is the real culprit... I agree....and it appears that there is NOT much stomach to tackle it.... anywhere.... On Sunday, February 3, 2013 12:58:24 PM UTC-5, archytas wrote: > > We really only have two main parties Nom - Labour and Conservative. > The Greens, UKIP and BNP are largely irrelevant because we don't have > PR and the Liberal Democrats don't usually play much of a role but > poll about 8 - 15 %. They are currently part of a coalition with the > Tories. I guess most of us feel all this has proved is that people > who seemed decent when not really in the contest are total shits once > in government. > I agree your economic summary. On those of us not rich, I'd point to > the fact that the bottom 50% had 14% of liquid assets around 1980 and > that's down to 1% - if we don't scrap the financial system this won't > improve. The problem has been allowing global arbitrage on wages and > job conditions. > > On Feb 2, 5:44 pm, nominal9 <nomin...@yahoo.com> wrote: > > filibuster for the Senate... house has Republican majority....just to > set > > the record straight.... writing lapse... > > > > > > > > > > > > > > > > On Friday, February 1, 2013 1:05:36 PM UTC-5, nominal9 wrote: > > > > > Parliamentary govt. has its pros and cons.....What I like is your > > > multitude of political parties, as compared to the U.S...... here > there are > > > two with maybe a handful of registered "independents" at the U.S. > federal > > > level... one thing about a multitude of parties is that it tends to > isolate > > > the radical fringes... and cooperation at the middle seems facilitated > > > (what do you think?).... here, the right-wing Republicans (by > filibuster) > > > have been stymieing legislation in the U.S. House for the whole period > of > > > the Obama administration..... > > > Palin is pretty much on the outs... she even lost her TV contract with > Fox > > > News media... I do not wish her ill, but I think her political days > are > > > over. > > > You know... speaking of Fox (Rupert Murdoch owned, I think you know), > > > there's one economics news personality named "Stuart Varney"... > British > > > fellow... did he do much in England?... he's quite the "tool" over > here.... > > > makes me chuckle with the propaganda and inanities he puts out.... but > his > > > English accent and delivery re quite "convincing"... there are quite a > few > > > British TV personalities, especially on cable TV channels.... the > > > accent.... it's worth (must be) 50% toward getting hired on, here , > I'd say > > > HAR. > > > Economy is on everyone's mind... as it should be.... Unemployment rate > > > this month ticked up one decimal point to 7.9%. But today the Stock > Market > > > index (Dow) is hovering around 14000, hasn't been there since 2007. > So, > > > here at least.... the fat cats are getting fatter (they were fed > plenty by > > > the Govt bailouts) but the rest of the peons are > struggling.....Capitalist > > > economic growth model theories would seem to suggest that those > without are > > > pretty much out of the recovery, for a generation at least.... What > does > > > your expertise suggest, Archytas? > > > Britain, I hear, has not seen any appreciable recovery in the > > > "markets".... am I correct in this? > > > > >http://thinkprogress.org/economy/2013/01/25/1494541/austerity-pushes-... > > > > > >http://www.reuters.com/article/2013/01/31/us-funds-poll-britain-idUSB... > > > > Austerity... is that the cause?..... or is it something systemic or > > > institutional with the banks and banksters (as you call them).... are > they > > > still hemorrhaging money?.... or hoarding it?.... which could cause > the > > > same effect? > > > I'm the novice.... how do you see it? > > > > > On Friday, February 1, 2013 8:23:59 AM UTC-5, archytas wrote: > > > > >> We have an outfit called UKIP (UK Independence Party) under-cutting > > >> the Tory vote - they have a couple of EU MPs - odd with a policy of > > >> exit from EU but down to proportional representation for that body. > > >> They don't get enough votes to get anyone in Westminster - but > > >> probably take 15% natural Tory support. We have our own Nazis - the > > >> BNP - sometimes taking 9%. Hence the Tory referendum ploy. Mass > > >> politics here is a dumb as in the US - though we haven't thrown up > > >> anything as bad as that basketball player shagger from your frozen > > >> North yet. Our closest is Nick Griffin (BNP leader) - he'd be a real > > >> problem if as pretty as Palin - but looks like a squit-eyed pig after > > >> failed botox applications. > > > > >> We should be in the EU - tough much of it is farcical. The > Parliament > > >> sits in Brussels and Strasbourg (for a month) and various Mafia steal > > >> funding - the whole shebang ain't democratic - and we need a modern, > > >> electronic Parliament and a federal structure. > > > > >> On Jan 29, 6:59 pm, nominal9 <nomin...@yahoo.com> wrote: > > >> > I'm not up on European (and British) politics....at your level. It > > >> appears > > >> > to me that "big" ventures require "big" wallets, both at the > private or > > >> the > > >> > public levels. Smaller or less developed countries and economies > just > > >> > cannot do the "big-ticket" items... the big factories or the big > > >> research > > >> > ventures....I cannot see an "isolationist" Britain "going it alone" > in > > >> this > > >> > day and age. In this sense, the Tories' vision is anachronistic, to > say > > >> the > > >> > least, (it appears to me) it cannot "work"... > > > > >> > The key issue is immigration in this fantasy and > > >> > stopping the Eastern and Southern Europeans 'taking our houses and > > >> > jobs'. / Archytas > > > > >> > Ah yes.....Racism and bigotry is "always" the Right-wingers' > preferred > > >> > "ally"..... > > > > >> > On Monday, January 28, 2013 8:09:56 AM UTC-5, archytas wrote: > > > > >> > > Sadly some think the EU is important. The ruse has given the > Tories > > >> a > > >> > > lead in the polls as most Brits think of the EU as a bureaucratic > > >> > > monster. I'd have thrown in with the US as the next five states > long > > >> > > ago - but we are in decline and have little clue why. US/EU > > >> > > membership isn't really important - we should have moved more > global > > >> > > in politics and less so in production and cheap energy grabbing > long > > >> > > ago. The structural problems in our economies can't be addressed > > >> > > sensibly at the moment because of the money focus. With no focus > on > > >> > > reality we look to the pool of ignorance to maintain government - > the > > >> > > EU is irrelevant to anything other than maintaining the Tories on > the > > >> > > basis of an isolationist UK - presumably as the offshore hub on > money > > >> > > dodging EU taxation. The key issue is immigration in this > fantasy > > >> and > > >> > > stopping the Eastern and Southern Europeans 'taking our houses > and > > >> > > jobs'. > > > > >> > > On Jan 25, 3:59 pm, nominal9 <nomin...@yahoo.com> wrote: > > >> > > >http://www.bbc.co.uk/news/uk-politics-21158318 > > > > >> > > > Sounds to me that it "might" be time for Britain to show some > > >> > > "Righteous > > >> > > > Indignation" and "break" Cameron and the Tories' > government..... > > >> HAR... > > >> > > > Instead? > -- You received this message because you are subscribed to the Google Groups "Epistemology" group. To unsubscribe from this group and stop receiving emails from it, send an email to epistemology+unsubscr...@googlegroups.com. To post to this group, send email to epistemology@googlegroups.com. Visit this group at http://groups.google.com/group/epistemology?hl=en. For more options, visit https://groups.google.com/groups/opt_out.
