We need to impoverish the developing countries further

November 6, 2008

factoryworkers

Globalisation has taken several severe blows with the collapse of the economic structure in America, and countries all over the world are trying to weigh in protectionistic measures against globalisation.

The world (the west) now has to figure out how to deal with China and India.
(Russia, yeah, but I don’t want to make this entry too long and discussing interdependencies on energy, missile shields etc…are not for now..maybe later. And Russia doesn’t have much activity anywhere but South America compared to the aforementioned ones.)

China has long devalued their currency thus being able to export their goods cheaper, and their labour laws are more labour than law and so forth and so on. BUT these things are what make China great and are among the reasons why we have cheap goods. Admittedly, people are suffering and that’s bad.

India..wow, just wow. “Who would’ve thunk it?” As of 2004 India was seeing about 450 000 engineers graduating every year. China was leading the pack with about 600 000, USA about 70 000 and the entire EU around 100 000. This notion of us holding the edge in highly qualified jobs is a myth rapidly dying out. We in the western hemisphere need to reassess our own value.

Global companies are seeing the changes in developing countries where globalisation has increased the wealth of the countries which has lead to more schools opening. This enriching of countries is having an unexpected effect on large companies, they have to move further inland every year to cope with rising wages and employee demands. What happens when there isn’t any land left and everybody has an education? No more cheap goods for us? No more cheap labour?

More importantly, what worth are we in the west going to have – we don’t have cheap labour and now we’re losing the advantage of education?

Furthermore, I am deeply infuriated by the fact that politicians talk about fighting the deterioration of the climate without explaining to the public that fighting the climate change translates to serious changes in our way of life. I’d like to see just ONE of these politicians go out and explain to people that if the entire world were to reach our standard of living, we’d need to stop eating meat.

Heck, we need to stop eating meat now because of the demands from developing countries. I’m not ready to give up my steak – Are you?

Globalisation is glorious and helping people all over the world, although conversely it bears the downfall of my meat eating and moreover will lead to a shift in power – away from us.
Therefore we need to impoverish developing countries further and focus on our “exploitational ways”.

The hypocritical nature of professing global prosperity is ubiquitous in the west. Politicians are trying to sell an idea they don’t even believe in. We in the west have never believed in good governance anywhere but here, as it isn’t conducive to our way of life.

Let’s stop pretending.

// Probity dot H

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I know I was supposed to talk about culture, but I’ll get back to that soon.
Some might not call China and India developing countries, and call them newly industrialized countries, which is true but large parts are still kept back and the reason why I chose China and India is because they are investing in developing countries. Sever the head so to speak…

Note: I added “and focus on our exploitational ways” to clarify what I thought was selfexplanatory in the text – stop globalisation and focus on exploitation.

One Response to “We need to impoverish the developing countries further”

  1. Fredrik W Says:

    On the contrary, in an increasingly globalised world; how do you go about to impoverish countries?

    In a world that’s fully globalised (which isn’t likely to happen any time soon, since there exist no example of a free market and we’ve been living with capitalism for *long* time) everything is controlled bu supply and demand, across borders. In the long run, this will even out the living standard in the entire world, effectively lowering the living standard in the majority of the western hemisphere and vice versa.

    Watch this great lecture by Hans Rosling from Karolinska institutet in Sweden: http://www.youtube.com/watch?v=hVimVzgtD6w


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