Comments on: The three questions of global importance http://blogs.reuters.com/chrystia-freeland/2012/06/21/the-three-questions-of-global-importance/ Sun, 28 Jul 2013 14:34:09 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: OneOfTheSheep http://blogs.reuters.com/chrystia-freeland/2012/06/21/the-three-questions-of-global-importance/#comment-5196 Wed, 27 Jun 2012 23:27:23 +0000 http://blogs.reuters.com/chrystia-freeland/?p=1677#comment-5196 @trevorh,

You say “…since we don’t want to persuade the bottom to breed less, we will have to fix the increasing inequality by making the top breed more.”

Your opinion seems limited by your personal perspective. Why is it not equally effective to give serious consideration to changing what our government does today?

We pay poor people “by the head” to stay home (in subsidized housing) and conceive MORE poor people. Our hospitals can’t turn women in labor away, and those children (including “crack babies, etc) are an ever-increasing percentage of our public school enrollment.

“Our” educational establishment responds by continuing to “dumb down” curriculum so an “acceptable” graduate with skill levels ever-increasingly inadequate to the needs of modern society. Why do we continue doing the same things that have brought America too where it is and expect different results? No one thinks any more, and there are WAY too many votes cast by the freeloaders of our society.

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By: Sanity-Monger http://blogs.reuters.com/chrystia-freeland/2012/06/21/the-three-questions-of-global-importance/#comment-4755 Mon, 25 Jun 2012 18:54:33 +0000 http://blogs.reuters.com/chrystia-freeland/?p=1677#comment-4755 I am continually amazed that, in 2012, people who purport to be looking at the big picture (in pretty much ANY field) can completely fail to even have a passing thought about climate change, resource depletion, and environmental devastation. Mass consumption is all that the capitalist system can provide us (and not all that well as we have seen). True, the American middle class is not exactly wallowing in material deprivation, but I believe the true reason for all the anger is that the past thirty years have seen a resurgence of the captialist system, with a concurrent dessimation of the social safety net. Thus, more cheap crap is really not making us happy nor is it giving us any confidence in our leadership, when it is accompanied by reduced educational opportunities, reduced access to health care, and reduced income security in old age. Capitalism was not the system that delivered these services; the New Deal did.

Capitalism can serve some purposes, but what the world needs right now is a lot less capitalism and a lot more forward thinking. As BidnisMan points out, the world cannot provide the material standard of living to everyone that is currently enjoyed by the middle class in the west. As we also know, material posessions beyond basic needs does not make us happy. So we need a system that can deliver the basics of food, clothing, and shelter to everyone (given the world’s productive capacity, it is immoral not to do so). And then this system must focus on delivering the non-material “goods” that can make life much more enjoyable than “stuff” — good education, health care, and income security in old age. These services do much less damage to the environment than the smartest phone, and yet improve our quality of life immensely.

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By: tjo http://blogs.reuters.com/chrystia-freeland/2012/06/21/the-three-questions-of-global-importance/#comment-4700 Mon, 25 Jun 2012 11:55:55 +0000 http://blogs.reuters.com/chrystia-freeland/?p=1677#comment-4700 The middle-class has been intentionally shrunk and attacked due to their historical threat to the ruling elite. Monies must be furtively redistributed from the middle-class to the ruling-class. This expected behavior by the elite is demonstrated in every policy that they favor. The West’s middle-class was the only group which had the intellect, capacity, and sagacity to challenge the elite’s rule. Regrettably, the middle-class accepted the propaganda of Globalism and its “benefits” hook, line, and sinker. However, in actuality, the only “benefits” gained were debt-based.

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By: boon2247 http://blogs.reuters.com/chrystia-freeland/2012/06/21/the-three-questions-of-global-importance/#comment-4677 Mon, 25 Jun 2012 07:08:44 +0000 http://blogs.reuters.com/chrystia-freeland/?p=1677#comment-4677 As the wheels of progress grind to a stop, the common man looks around and says “how did we get here?” The changes have been drastic and sudden, but not unforseen if you know where to look. Certain groups have the stated goal of manipulating the direction that humanity takes, and their methods seem to be effective. Redistribution of wealth into the hands of a few, use that wealth to dictate to entire nations what they will do or won’t do. When Dwight Eisenhower left office he warned of the dangers of allowing the military industrial complex to run unchecked. At that time he had no way of knowing that banking would join their ranks to become an entity that viewed as a whole is nearly unstoppable. So what is the goal? Continued advancement of the human race with technology at it’s core. Technology allows the elimination of large work forces to acclomplish a given goal, and is the real reason for the decline of the middle class. The end result is that a technoligically advanced civilation will need to be much smaller to prevent conflict and resource depletion. Moving into space won’t feed anybody, so until we learn to traverse the distances that space presents, home will stay right here. As a species our instintcs haven’t left us, we just haven’t used them for so long we don’t recognize trouble when we sense it and these days the trouble is unseen (by design). Political leaders are just a fixaton point for the masses. They hold no real power, as Greece is realizing. So, what’s my point? The powers that be are orchestrating a new renissance with themselves as the leaders of a new lineage of humanity. The last renissance followed a large depopulation caused by disease and climatic conditions. This one will be preceded by a depopulation brought on by war and possibly disease as well. There is another path, but only if people choose it, and you must be aware of the choices in the first place. Know where you stand, question everything using common sense, and choose what world your grandchildren will live in. The choices we make today, will effect their future.

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By: RobertWGeorge http://blogs.reuters.com/chrystia-freeland/2012/06/21/the-three-questions-of-global-importance/#comment-4664 Mon, 25 Jun 2012 05:38:16 +0000 http://blogs.reuters.com/chrystia-freeland/?p=1677#comment-4664 The US dollar has no intrinsic value of its own. Although it does not have any real, tangible value, what makes it the global currency is its global demand. It is mostly motivated by the confidence reposed in the US economy by consumers. What if this global perception of the US changes? What if the dollar loses its sheen and the nations’ confidence level in its stability comes down? Things may take an ugly turn for the US.

Soon after World War II, the dollar gained importance as the currency for trade and commerce globally. What underpinned and led the dollar to global prominence was the world’s perception of the US as the superpower, with a strong, consistent and stable economy. This perception of power and stability infused confidence in individuals and nations.

What most analysts and writers do not seem to comprehend or overlook is how in the recent past, China held talks with Argentina, Malaysia, South Korea, Belarus and Indonesia for currency swap deals for trading purposes. Its objective was to help these countries to conduct trade with China without relying on the US dollar. Reportedly, similar arrangements are underway with Brazil and Russia. Although these efforts may have slowed down on account of the ongoing financial downturn in the EU, undoubtedly the euro, despite many questioning its survival, will emerge as the most dominant currency eclipsing the dollar. This will happen once a realignment of the EU takes place and the bloc becomes smaller and more manageable.

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By: BogdanCostea http://blogs.reuters.com/chrystia-freeland/2012/06/21/the-three-questions-of-global-importance/#comment-4600 Sun, 24 Jun 2012 15:17:00 +0000 http://blogs.reuters.com/chrystia-freeland/?p=1677#comment-4600 The questions rehearsed in this argument point out a single elementary datum: that all human economy (and by ‘economy’ I mean a system of beliefs derived from the finite nature of the human condition) is a zero-sum game, an unending engagement with the simple fact that we cannot have our cake and eat it. Whilst every comment made so far addresses DIRECTLY, each in its own way, this condition, the article does not. There is an underlying implication that somehow these questions will have a resolution that will overcome finitude and perhaps once and for all. As if this was an option. Isn’t the most serious danger of the present historical situation precisely the illusion rehearsed in this article (one amongst numerous trapped in this vicious conceptual circle) of a possibility of overcoming the finite nature of the human condition? Does the author have a serious programme that might respond to the questions posed?

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By: LTR http://blogs.reuters.com/chrystia-freeland/2012/06/21/the-three-questions-of-global-importance/#comment-4560 Sun, 24 Jun 2012 05:41:37 +0000 http://blogs.reuters.com/chrystia-freeland/?p=1677#comment-4560 Capitalism works best when the parts of the system that are sick are allowed to fail.

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By: VincentLawrence http://blogs.reuters.com/chrystia-freeland/2012/06/21/the-three-questions-of-global-importance/#comment-4559 Sun, 24 Jun 2012 01:07:09 +0000 http://blogs.reuters.com/chrystia-freeland/?p=1677#comment-4559 I fear the middle class is a thing of the past, though it will be some time to reduce middle class government workers, because politicians make poor bosses and find it difficult to negotiate with the Labor bosses they get re-election campaign funds from. The Global economy has started to level out. Oil Refineries closing in the U.S. and moving to Mexico and South America for lower wages
and the EPA regulations are pushing them out.
It is time for the individual to think and be creative, every product has a value.

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By: ptiffany http://blogs.reuters.com/chrystia-freeland/2012/06/21/the-three-questions-of-global-importance/#comment-4520 Sat, 23 Jun 2012 18:53:38 +0000 http://blogs.reuters.com/chrystia-freeland/?p=1677#comment-4520 How about three other big issues:
● Globalization: Is the American public onboard with American corporations that will find their labor here or there?
● American Plutocracy
● The shrinking Middle Class?

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By: trevorh http://blogs.reuters.com/chrystia-freeland/2012/06/21/the-three-questions-of-global-importance/#comment-4519 Sat, 23 Jun 2012 17:35:42 +0000 http://blogs.reuters.com/chrystia-freeland/?p=1677#comment-4519 @OneOfTheSheep

I believe that the author asked “can rich women be persuaded to have children” because right now poor women have too many children. These children often grow up poor and have poor skills that can only handle basic jobs.

These jobs are few because there are not enough rich people to generate these jobs. Fewer jobs, more workers, lower wages, result is poorer and poorer bottom.

In other words, since we don’t want to persuade the bottom to breed less, we will have to fix the increasing inequality by making the top breed more. That’s one way to fix “the bottom outbreeds the top”. Which I believe is the primary reason why inequality is getting worse.

If we don’t fix that then no matter what government, what policy what economic system, there will be more fighting for the bottom jobs, squeezing welfare budget.

It will lead to more inequality, more deficit. This is just simple logic. It is simply inevitable consequence.

I myself agree that making the top breed more is a benevolent way to fix inequality. However, we simply have too much of a strain of natural resources now. We simply have to face the tough choice, that is to convince and educate the mass better.

For starter, I propose making “The Marching Morons” by Cyril M. Kornbluth a required reading at every school. Hopefully, that hint will somehow awake them.

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