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exploitation of the devloping and the under-developed countries is widely seen all around the world. businesses and industries are taking over, and even though there is an overall decrease in poverty all around the world, there is still a lot that needs to be fixed!
what do you think? how can it be fixed? i mean, the world can merge into one government but think about it, that's not the best idea!
please give me your views

2006-11-08 01:29:47 · 3 answers · asked by astro_dude 1 in Social Science Economics

3 answers

do not read the world is flat. the question you asked is a fundamental concern of developmental economics and sociology. merging into one government would be logistically impossible, and its not like one nation is able to reduce its inequality either. the solution will be: concentrated effort to develop human capital, inflow of financial capital (micro credit, fdi, foreign aid), development of infant industry, etc.

2006-11-08 03:38:22 · answer #1 · answered by Circlometry™³ 6 · 1 0

Read "The World is Flat". Drink the kool aid..

Globalization is really a good thing. If we don't embrace it we stand to decline as a civilization (much like China did 300 years ago when it, as the world's largest economy, closed its borders). Globalization will result in more technology, better products, a better way of life for every country involved in the long run.

Some companies do use slave labor, and those companies should be punished by the consumer. Many companies that supposedly use slave labor simply aren't, though. Some people's slave wages are oftentimes another's step into the middle class...

What needs to be fixed is our country's protectionist streak, we need to rely on our superior University system to continue to be the most innovative country in the world. Not embracing globalization will probably turn us into a second rate economic power like those countries in Western Europe are today.

Circlo: Why not read "The World is Flat"? I'm a weekly reader of The Economist, and generally do pay closer attention to what's going on in the world than most people. "The World is Flat" puts everything together in a clear, concise way. Do you have a reason to go out of your way to tell someone not to read this book?

2006-11-08 09:44:17 · answer #2 · answered by Eric 2 · 1 0

The banking systems of the world, primarily the Federal Reserve and The Crown, already have plans for this. These two major private organizations have already illegally succeeded in transforming the monetary systems in the U.S. and Europe into valueless fiat, paper, money economies that are bound to collapse.

When the money systems collapse, there will be more wide spread poverty than the world has ever seen. It will be much worse than the Great Depression.

Most people in the U.S. don't know that the Federal Reserve Bank is a private entity owned by a very few wealthy banking individuals. They have been given the authority to print new money as needed. They print new money that is not in any way based on the value of gold or silver when Congress needs to borrow it. Your taxes go to these private entities to pay the interest on the loans they make to Congress. All of this is unconstituional. Every time they print money, the value of your money goes down. Congress does not have to raise taxes in order to spend more causing them to not be elected again.

Very few Europeans know that The Crown is a monetary system created by the City of London. The City of London is a 1 mile square monarchy that exists within London city limits that contains most of the headquarters of the privately owned banks in Europe. This monarchy is not controlled by England in any way. It is governed by The Mayor of the City of London who is elected by the owners of the banks for a one year term. The few wealthy owners of the banks dole out money to Parliament and the Prime Minister. If they don't want the country doing something, they don't provide the money.

The Crown created the Euro. The Federal Reserve and The Crown collaberate to finance things like the war in Iraq because there is money to be made. They are also collaberating to bring about globalization.

Are you sure that you want this?

http://www.freedomdomain.com/banking/the_city.html

http://www.mecfilms.com/universe/articles/dynasty.htm

http://www.mecfilms.com/universe/ (economics video)

http://video.google.com/videoplay?docid=-4312730277175242198&q=

2006-11-08 12:19:07 · answer #3 · answered by Anonymous · 0 0

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