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| Falling Living Standards in the West. | |
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| Topic Started: Jan 2 2015, 01:07 AM (765 Views) | |
| Affa | Jan 2 2015, 01:07 AM Post #1 |
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Senior Member
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On the Nigel Farage topic I have made what I see as a radical theory regarding what is really happing (on a global scale) as opposed to the prescribe version of the situation we are ALL more or less sold on, and the terms of which dictate the debate(s) we have when expressing our beliefs on how BEST to resolve the issues and maintain living standards and future prosperity. All of which is pointless once you realise that those terms of reference we use are worthless. are wrong! Here I interject to explain what a Radical theory is - http://larvalsubjects.wordpress.com/2010/02/06/what-is-radical-theory/ The Post referred to above is here (144) - http://w11.zetaboards.com/UK_Debate_Mk_2/single/?p=8253574&t=10856459 In order to begin to accept the implications of what I am proposing it is also necessary to examine the 'how' (the why becomes self explanatory). Hegemony ......... the power of money to influence Government actions .... everywhere. So what is this theory? I'm writing off the top of my head, and will not be made accountable for its errors which can be corrected ....... it is in essence the theory that Globalisation has the purpose of expanding Markets and widening the field to bring in such diverse economies as those of the West, the East, and eventually every Continent. The dominant economies cannot remain dominant when their product can be made cheaper and often superior in other less prosperous regions - work shifts to where it is most efficient. There are obstacles to this process, the highest being political ideologies and ancient antagonisms. Russia capitulated, China enlisted, the path was then virtually free running ........ and the objective now, the promise, is 'homogenisation'. In effect to do away with disparity and attain a Global sphere where a loaf of bread in London or New York costs the same in Beijing or Moscow. Where wages/living standards are comparable for similar jobs, skills, practice. The man on the production line making cars in Guangdong province can travel to work in one of the vehicles he helped make. The West was the predominant Market for the East's production, but we are losing that importance, losing the trade, and therefore must adjust and compete or go under .......... so it is happening, whilst the East sees rising living standards, ours in the West are falling ........ homogenisation in action. http://www.thestreet.com/story/11480568/1/us-standard-of-living-has-fallen-more-than-50-opinion.html  Tell me I'm wrong, it can't happen, that there is no way such a process could be adhered to never mind kept hidden ........ And then wonder what it all means ???????????? |
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| RJD | Jan 4 2015, 04:07 PM Post #41 |
Prudence and Thrift
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Affa: Oh, the reality as we are expected to see it as opposed to actuality ...... No reality will do. Affa: the actuality that is and despite your assertion that this globalisation issue has made the UK, the West unable to compete, the richest most wealth productive countries are Westernised, and are the most competitive whether or not our competitors are westernised is irrelevant. Affa: ....... and if that created wealth were widely distributed there would be no austerity, no deficit, and no debt to speak of. Best if you do the sums before making such claims. Affa: The UK still generates more wealth than those you say we cannot compete with, is still in the top six earners ...... that's the reality you do know but cannot resist arguing that we are a lazy bunch of moaners wanting a hand-out from our lord and masters. Best you look at GDP/Capita as here the UK is not in the top 10 more like mid twenties. Nobody but you thinks that Brits are a lazy bunch of moaners waiting for handouts, but we do appear to have some who you could so label. |
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| RJD | Jan 4 2015, 04:10 PM Post #42 |
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Prudence and Thrift
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Good point, but none the less this is the way Economists put the asset sheet together, pity they never appear to state full liabilities. |
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12:34 AM Jul 14