Category: Globalism

People lose their jobs from globalism. They can’t get wage increases or betterment from salary stagnation. So what do they do? They go on welfare programs. It should be no question the resulting problem of an increase in welfare consumption, but to give a short idea: It increases taxpayer burden, increases dependency on the state,… Continue reading My War on Globalism 12

How about Technologies being stolen due to Globalization. To produce the services and products that major companies need, they have to have people to develop and implement them. Typically, the manufacturing part is done in developing nations. It’s very easy for them to take this technology and rip-off the company and make a cheaper alternative.… Continue reading My War on Globalism 11

Small business can’t compete with Globalization. The massive economies of scale, tax-evasion, and ability to offshore for low wages and regulations make them impossible to compete with. Local businesses have no chance. This further takes away the “unsung” jobs. Jobs which were never created because everyone knows they can’t even try to compete with the… Continue reading My War on Globalism 10

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Globalization centralizes power into the hands of multinational corporations and organizations. Things like the World Trade Organization, the European Union, and trade agreement enforcement. These companies have jurisdiction to sue in countries that they aren’t even from. They are enforceable by these international organizations which seek to limit the power of nation states. This centralization… Continue reading My War on Gobalism 9

US Spends $4 for every $1 China gives us. Many of our trade partners are similar. We are going into enormous debt to pay for these companies and their products, hurting every Western taxpayer through debt. We are passing on a huge burden of debt and trade deficits to our children. They will be the… Continue reading My War on Gobalism 8

The large multi-national corporations don’t pay adequate taxes. You have probably seen this in the news, where certain companies are given tax breaks. It’s pretty simple for companies that span many countries to skirt taxes by going to tax havens and following their lax regulations and laws. So not only do they reduce jobs, wages,… Continue reading My War on Globalism 7

Workers in developed countries face strong wage cuts or wage stagnation because of globalism. Globalism has caused companies to not be able to compete as effectively, since they are on a worldwide scale. Local companies can’t offer higher salaries, because their products or services would become much more expensive compared to multinational corporations. When large… Continue reading My War on Globalism 6

It’s simply economically cheaper for major corporations to ship things offshore. That way, they don’t have to pay benefits or high salaries. Since it’s legal and they face no harsh taxes, it is simply the best economic choice. But this destroys our own at-home industries and job capabilities. There used to be a time in… Continue reading My War on Globalism 5

With regards jobs in the USA and Globalization. Robert Scott of the Economic Policy Institute stated that “3.2 million jobs, including 2.4 million manufacturing jobs, have been drained by China alone”. Also included are Japan taking nearly 900,000 jobs, and Mexico also taking 682,900 jobs. Included in this list are 45,000 factories which have closed… Continue reading My War on Globalism 4