by threadbear » Sun 06 May 2007, 15:53:39
$this->bbcode_second_pass_quote('Eli', 'W')ell these articles and the point of view expressed are sad. It is true that what these nations are doing is anti-globalization and free market, but that is not a bad thing for the nations who own the resource.
That is the whole point of the nation state to provide benefits for their own citizenry.
It boggles the mind of these globalization zealots that any nation would want to take a competitive advantage over their own resources.
This just PO being digested through the mind of the globalists free market faithful. Remember this is the new idea that is supposed to save us all.
Free market globalists are in thrall to a religion, a blood cult. They don't care how many of the middle and poverty class are sacrificied on the altars of their macro-economic policies and proxy wars. They are as bad or worse than the most rigid raving Communist idealogues.
The neo-cons make Stalin look like a cream puff. The global elites, represented by British imperialists and other European colonizers have been responsible for just as much death and destruction. Rather than retreating, they have simply handed over the keys to the kingdom to the US, who has pushed for open markets. For every economic success story that raises someone from the poverty or middle class into the upper class, in the third world, there are 2 who retreat further into misery and poverty, in this form of economy.
The next few years Americans will see a pattern that has played out time and time again in "developing" nations, brought right back home to the US. If you want to see what the future will bring, look at what happened to Argentina and Russia under the IMF, in the eighties and nineties.
Seeing as the American treasury has controlling interest of the IMF, the question becomes--who will bail out America?
Hyper inflationary scenario, followed by economic collapse, followed by sky high interest rates and DECADES of poverty, for most. The demand destruction will disguise peak oil, but increasing cost (relative to everything else) of energy will put a ceiling on any kind of growth, forever.
The mainstream media will partially disguise the fact, by illuminating those who climb out of poverty while ignoring or deemphasizing the many more who retreat further into it.
Newscasts pan the vertical growth of "emerging" city's commercial zones, with their cameras, focussing on the upper tiers of office complexes and ritzy apartment complexes. They ignore the lateral progression of shantytowns crawling outward away from the city. Perfect metaphor.