Saturday, January 26, 2008

Why we're Needed: World Income Inequality and Globalization

I made this addition to TPP on the issue of world income inequality. The purpose is to point out that globalization and outsourcing have neither benefited America or the rest of the world. There is in fact greater inequality. This in turn creates much of the increased turmoil in the world. In can be argued that 9-11 had in roots economic injustice. A poor world is one in where hatred and ignorance breeds. In Muslim nations power is in the hands of a few (or a dictator) while the great majority suffer. And this poverty is what fuels Jihadism. There is great resentment among the peopl at the fact that Sheiks live in great luxuary, with the help of Western oil companies, while they live in abject poverty. America should side with the people of the world and help promote economic justice. That will lead to greater democracy and fewer threats like al Qaeda. Prior to radical Islamic there was Soviet Communism that also took advantage of poverty and economic inequality:

"In nation after nation, conditions for a majority of people have actually worsened in the last decade, as the gap between those on top and bottom grows. A U.N. report released on August 25, 2005 reported that in sub-Saharan Africa alone, the number of poor people increased by almost ninety million in little more than a decade (from 1990 to 2001). In Latin America, unemployment rose from nearly 7 percent in 1995 to 9 percent in 2002....Despite claims that the globalization of capitalism is raising living standards for all, this 158-page U.N. report, The World Social Situation: The Inequality Predicament, noted that greater economic globalization has gone along with with greater inequality both between and within countries. Even comparatively wealthy nations like the United States, Canada, and Britain have failed to escape this trend."

- Source: The Real Wealth of Nations by Riane Eisler

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