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Young people in developed nations are the next wave to get hammered by globalization. The capital markets aggressive search for efficiency will leave no develop

by hiou 10y ago

Young people in developed nations are the next wave to get hammered by globalization. The capital markets aggressive search for efficiency will leave no developed world worker unscathed until they are all at parity with developing nations. But if it's any consolation they aren't the only ones. The only difference is that most of the baby boomers made it into the asset class before globalization was in full swing.

nyolfen 10y ago
the appropriate response for ordinary americans seems to be democratic isolationism, imo. oppose trade deals like ttip, tpp and tpa -- these deals serve to enrich those who are already the global winners and provide nothing for the emerging intelligentsia of the first world. globalism might benefit those in power at the moment, but it provides nothing for those of us who need to work through a career or two to be comfortable. i may be poor, but i have far more in common with a poor texan than a rich chinese man.
- arca_vorago 10y ago
  Which is something I've been ranting about this very thing for years, often to much undeserved derision in my opinion. You touch the point but don't nail it down. You need to identify exactly what you have in common with the Texan vs the Chinese man. I would argue this is the beauty of the true American exceptionality, in that the American Revolution, despite the British propoganda attempting to paint it as hardly more than a momentary lapse in military judgement, truly was the unique act in history of an imperfect overthrow of monarchy for individualism. In politics I always see a thing that divides the people, but the American principles we are fighting for are about unity under the common societal belief structure that each man is his own King. Immigrants swear alligience, and military take oaths, not to the queen or king, but to the Constitution. The Supreme law of the land, constructed to protect the rights established naturally upon all men. Not to establish any right, but to protect them all. I want the rest of the world to be granted inspiration of our constitution, but we need to stop doing it by military might, and do it by example instead.
  - ionised 10y ago
    Are you serious? The US was founded by wealthy land owners because they preferred to keep their money rather than pay taxes to the British Empire. I sympathise with that but lets not pretend it was founded with the freedoms and protections of ALL people in mind. Slaves and women were not granted those rights. The country was founded by oligarchs for oligarchs and it has remained that way.
    - nikdaheratik 10y ago
      I think that's a bit harsh when you consider that they could have just set up another monarchy and made themselves the newest round of nobility or something. It was a cutting edge experiment in liberty at the time. You have a point about the government being set up to serve the wealthy and propertied, but that's likely true no matter which time period you live in.
  - antisthenes 10y ago
    > You need to identify exactly what you have in common with the Texan vs the Chinese man. Worker class vs capitalist class. Under the current system, the classes are incentive-incompatible and human beings are surprisingly receptive to incentives on an intuitive level.

by hiou 10y ago

nyolfen 10y ago

the appropriate response for ordinary americans seems to be democratic isolationism, imo. oppose trade deals like ttip, tpp and tpa -- these deals serve to enrich those who are already the global winners and provide nothing for the emerging intelligentsia of the first world. globalism might benefit those in power at the moment, but it provides nothing for those of us who need to work through a career or two to be comfortable. i may be poor, but i have far more in common with a poor texan than a rich chinese man.

arca_vorago 10y ago
Which is something I've been ranting about this very thing for years, often to much undeserved derision in my opinion. You touch the point but don't nail it down. You need to identify exactly what you have in common with the Texan vs the Chinese man. I would argue this is the beauty of the true American exceptionality, in that the American Revolution, despite the British propoganda attempting to paint it as hardly more than a momentary lapse in military judgement, truly was the unique act in history of an imperfect overthrow of monarchy for individualism. In politics I always see a thing that divides the people, but the American principles we are fighting for are about unity under the common societal belief structure that each man is his own King. Immigrants swear alligience, and military take oaths, not to the queen or king, but to the Constitution. The Supreme law of the land, constructed to protect the rights established naturally upon all men. Not to establish any right, but to protect them all. I want the rest of the world to be granted inspiration of our constitution, but we need to stop doing it by military might, and do it by example instead.
- ionised 10y ago
  Are you serious? The US was founded by wealthy land owners because they preferred to keep their money rather than pay taxes to the British Empire. I sympathise with that but lets not pretend it was founded with the freedoms and protections of ALL people in mind. Slaves and women were not granted those rights. The country was founded by oligarchs for oligarchs and it has remained that way.
  - nikdaheratik 10y ago
    I think that's a bit harsh when you consider that they could have just set up another monarchy and made themselves the newest round of nobility or something. It was a cutting edge experiment in liberty at the time. You have a point about the government being set up to serve the wealthy and propertied, but that's likely true no matter which time period you live in.
- antisthenes 10y ago
  > You need to identify exactly what you have in common with the Texan vs the Chinese man. Worker class vs capitalist class. Under the current system, the classes are incentive-incompatible and human beings are surprisingly receptive to incentives on an intuitive level.