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From the desk of David Suzuki
The great British economist John Maynard Keynes wrote that there are many things that nations should share – sports, culture, music, art, etc. – but, he warned, “Keep your economy profoundly domestic.” We didn’t pay much attention as governments around the world, and especially in Canada, rushed to benefit from the vaunted claims of the global economy.
Despite his election with a minority of public support, Brian Mulroney entered into a Free Trade agreement with the U.S., and after him, Jean Chrétien signed NAFTA. But I remember watching Prime Minister Mulroney on the Larry King Live Show on CNN. Mulroney was boasting about his record as prime minister when King interjected, “But I understand that Canada’s economy isn’t in good shape right now,” to which Mulroney replied, “But that’s because of the global economy and I can’t be blamed for what happens there.”
But wait – if we elect people to watch out for us and lead us into the future, and if the global economy is beyond our control, why are those people rushing to put us into that system? And look at the present time: Our finance minister is saying the same thing: that Canada’s economy is subject to the forces of the global economy. Doesn’t anyone pay attention to Keynes? What’s going on here? The very people we look to for leadership are abandoning their responsibility by turning us over to global market forces. Can someone please explain this to me?
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1 Comment
Globalisation is putting all your eggs in one basket. It is like building a icebreaker without compartments. Contamination of a foodstuff in one country poisons people all over the world. A pest in one city is spread to the entire globe where there may be no predators.
Countries forget how to grow their own food, how to manufacture their own goods. If anything goes wrong with the supply or the transport chain, they are up the creek. Political turmoil or quarantine can leave people stranded.
Business likes globalisation primarily because it is a way to avoid fair wage and pollution laws. They just keep moving their base to the laxest country. Globalisation has been used to revive slavery. Slaves were at least housed and fed as well as horses or cattle. Globalisation provides even less. They are exploited until they burn out dying under 30.
Thankfully rising oil prices are reversing the tide. I am looking forward to a world where most of my food in grown locally by people whose reputation I can check, and my appliances are manufactured by people I can shout at if they try to fob off poor quality goods the way globalisation does now.
The essential problem is that corporations have no conscience. They do whatever maximises profit no matter how foolish, short sighted or evil. Unless they are reigned in by regulations that are enforced, they will be up to endless mischief. The movie The Corporation explains this. Thom Hartmann explain that US law REQUIRES corporations to behave this way.
The other problem is the government-forming Liberal and Conservative parties are funded by the corporate lobby. What counts is maximising profits for corporations. EVERYTHING else is secondary. Unfortunately, globalisation does make money for corporations, even if it ruins the planet in the process, and put Canadians out of work.