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Joe,I will work on getting you the sources for my information. No need to get nasty! No rhetoric, just continuing a conversation - now I will fill in the details.
In the meantime, other people think it is about rich vs. poor (read Nathan: "While Joe Pluta's arguments about limited resources may not apply precisely to intellectual capital, which globalization is mostly about, he is right about the destruction of a middle class in North America, and perhaps even more so in Western Europe"). I think the loss of middle class IS the argument about rich vs. poor - my point was supporting yours.
But I do think the middle class loss is rampant all over the world. I do not think it is being caused by one country in another - rather, it is a world-wide phenomenon.
Trevor----- Original Message ----- From: "Joe Pluta" Subject: RE: [CPF0000] The globalization of COMMON,or is this the right direction?
From: Trevor Perry Joe, >From what I know, by spending money in India, the US is making more than they spend. This would mean that while some of the wealth shifts there, more of it comes back.This is absolutely untrue! You've said this in various forms various ways,and provided absolutely no facts to support your propositions. Instead,here are REAL hard facts: temporary workers in ANY host country send much oftheir money home, thereby draining the host economy of money that would otherwise circulate. So by definition "guest workers" of any type hurt an economy. Second, please show me any correlation between money sent to any offshore consultancy firm and money returned to the US economy. In fact, quit with the empty rhetoric and provide a single verifiable fact.And, even if this is not 100% true, the part about "destroying the standard of living of Americans" can not be blamed on globalization. The argument about the divide between rich and poor might be a more relevant debate - and yes, this applies all over the world.It's not simply rich and poor, Trevor. I have no problem with ALL theindustrial nations (including India and China) putting some money aside forbuilding basic infrastructures in countries like Liberia. I am talkingabout industrialized nations which cannot support their own populace and yet continue to grow. If a country is industrialized and has a low standard ofliving but refuses to control its population growth, then it isn't being agood global neighbor and thus in my view loses all claim to any benefits ofglobalization. Joe
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