3 ms·
"a more integrated global political and economic structure" doesn't mean "international cooperation" though, it just means more free trade policies, and interna
by aylmao 10y ago
"a more integrated global political and economic structure" doesn't mean "international cooperation" though, it just means more free trade policies, and international political regulation instead of national.
International cooperation can be achieved without an integrated political and economic structure. My country doesn't need to have the same economic policies and regulations as your country to live in harmony with you, or to take on international projects together like sending aid to some natural disaster, or doctors to communities that need them, or to agree in standards, or to foster academic research.
"a more integrated global political and economic structure" means 1. bodies that have political power over national governments, which would make the implementation of standard regulations easier and 2. open borders for trade. Of course a billionaire involved in a number of translational companies wants this.
As far as consolidating power goes, the US and China have some pretty big fish because their economies have been on steroids for a while. But other countries rely on national regulation to keep their national companies and local economies from being overrun by these big players. Least you know monopolies wouldn't exist only on the national level, but internationally, and then what do you do? National monopolies are a pain to get rid of, those would only be worse.
- endisukaj 10y agoWhat is wrong with more free trade policies?
- sintaxi 10y agoTo name a few reasons... - It creates tax havens by allowing corps to claim profits in the country of their choosing. (see Apple Inc.) - It forces workers in developed countries to compete with workers in countries that don't have adequate human rights/pay. (see Walmart) - It wreaks havoc on the environment by overproduction and shipping. - People in underdeveloped countries pay the price for pollution created in developed countries. - Corporations become huge very quickly and end up having massive influence in politics of several countries. - Countries ultimately lose their sovereignty to the shareholders of these mega-corps.