Wednesday, June 14, 2006

The economic supremacy of America is something many Americans take for granted, without understanding the reasons for our wealth, our rise to wealth, the economic and industrial conditions of other countries, or the way our society and the world society divides and moves wealth.

Consider the collusion between the US Government and numerous American corporations. They are written into numerous international contracts, as is our aid program. They are written into our international policy and planning through the work of the CIA's agents.

We encourage and form areas of colonized markets. Many 3rd world countries rely on western imports for all of their complex goods and even things as basic as soda, because their markets are flooded with the items by our exports and their own 3rd world businesses are edged out because the market is already full and they cannot compete with us in their own land. We get that money. 90% of loans from IMF/WB must go back to American or British contractors. We also trade much of our own foreign aid money back for weapons contracts. Just $4B could provide fresh water from Two Million Wells and solar cooking devices for the entire 3rd world. That is the equivalent to all our aid to Africa for one year. Instead when we give bad loans and corrupt leaders refuse to pay, we force them to readjust their economies to edge out social programs and sell natural resources at push-market prices. Costa Rica, for example, had to sell its beautiful rain forests to repay debt.

Examine John Perkins: Ex-Economic Hit Man for the CIA. John Perkins tells in the account of his work for the CIA how he aided IMF/WB institutions in pushing loans on corrupt leaders of impoverished nations to get access to their natural resources and economies. He named the leaders of Panama and Ecuador and said that when those presidents refused the loans, CIA Jackals assassinated them and guided new leaders into power who would take the loans. An American did this with the full knowledge of his government.

America's economy is larger than any other nation's but much of it is investment dollars in the world's markets at large, owned by American businesses and investors. Much of the American economy relies on expanding resources through standing debt. Every dollar of debt is counted as someone's assets. The Federal government is running about a half-trillion dollars in debt annually. This is more than the GDP of many nations. Our annual debt is as large as Mexico's annual GDP.

General Motor's GDP is larger than Denmark's. Wal-Mart's is larger than Poland's. Royal Dutch/Shell's GDP is neck and neck with the state of Venezuela.

American worker salaries have increased by 0.3% per year over the past 25 years. Inflation is posted at ~3% and ranks closer to 7-8%. The American dollar has been devalued about 35% since George W Bush took office in relation to most other major currencies, even Japan's yen and Canada's dollar. The richest 1% own as much as the poorest 90%. 3 billion people live on less than $3 a day, and 1 billion people live on less than $1 a day. Minimum wage peaked in 1969 at about $7/hour in 2005 dollars. It is now at about $5 an hour in 2005 dollars. American private debt has never been higher.

This is not actually 'working'. A trend we are on and have been on since the deregulation movement in 1980 is charting us towards fiscal insolvency. Peak oil, arriving at a market near you in 2007, could be the boulder that tips the scales over.

What can we do about this? What should we do? We need to dramatically revise our fiscal plans, starting with the international organization of money from governments and regulation or breaking of major corporations to promote market fairness and business competitively. Tax measures should be adjusted to redistribute wealth from the rich to social programs, paying for the jobs of teachers, educators, healthcare and construction workers, and state run civic industries. This will reshift society so non-rich will live fiscally sounder lives with lower costs of living.

We should reform our industries to produce goods that suitably manage our world's resources and capacities. Introducing business competition should reduce prices, while providing state run industries and improving power plant efficiency should take a lot of pressure but not power out of the economy right away ad give it a major boost in technology and research sector development.

Building safer and cheaper cars and transportation systems will reduce costs of living further and increase travel transportation and trade.

Changing farm subsidies will reduce the cost of government and improve the efficiency and healthiness of farms and the American people. This is important regardless of the cost. Fortunately it should reduce the expense of our medical support to an aging population. This will also assist world agriculture by removing major depressions on the global market and allowing poor 3rd world farmers to provide local food for their people, while still improving trade and specialization.

Alternatives to retail and internet business [see "Alternatives to Retail" in Better Godliness] can reduce commutes and improve the function of the economy. Decentralization of energy and of urban spaces, made possible by better and cleaner transportation and hydrogen energy sources will reduce real estate loads on urban centers, dramatically reducing cost of living without sacrificing profitability or business. Building more efficient housing and structures can save power and resources year round which would otherwise inflate the existence of infrastructure.

Improved internet communication combined with software defined radio will reduce or replace the massive communications industry expenses such as phone, cell phone, cable, and internet bills and reduce the intensity of advertising.

Education freedom will allow students to become more proficient in their chosen field from an earlier age and join social service at a more satisfying age, producing longer periods of lifespan productivity, greater specialized education and job satisfaction, and an easier time integrating into the business and service sectors.

Charity to the free world providing clean water and solar cooking will improve the condition of the poorest 4 billion humans, hopefully enough for them to form meaningful social and economic entities and markets to trade on the world market and reduce medical and social expense.

These ideas are the way America should be headed right now in its legislation and social agenda.

0 Comments:

Post a Comment

<< Home