"Tom Miller" wrote in message
...

I'm just finished section 1 of "THE WORLD IS
FLAT" by Freidman, (sppelling
errors are mine). Very interesting so far, can't
wait to get to the part
that shows how we are going to recover from
globalization.


There is a certain poetic justice,in that, the
great advocator of globalisation, is starting to
find that it isn't all in their favour.


Isn't in who's favor? What you have to understand is that globalization is a
strong plus to many American corporations, especially the big ones that do
lots of overseas business. For them there isn't any down side to
globalization. For them, being able to go anywhere in the world to buy or
manufacture goods they can sell for a healthy profit in the US market is a
positive development.

Now, for American workers and citizens globalization is a disaster. Making
Americans with the highest living standard in the world compete head to head
with workers in third world countries only causes them to have a marked
decline in living standards. The bottom line to globalization is that for
corporations it's a boon and for American citizens it's a bane. But then,
the government has known that all along, and since we know who matters to
the government you can guess how it will turn out. Globalization benefits on
a huge scale for the corporations and globalization penalties for the
American worker. Companies win workers lose. That's how it always is
whenever a Republican administration gets in power. Sorry for all you
workers out there because it's only going to get worse.

Hawke