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What moral attitude should we take toward Globalism?

From the American workers view the positive side of Globalism is that many workers worldwide in very poor countries will experience a significant increase in their standard of living because the manufacturing of certain products that were manufactured in America are manufactured in their country.

From the American workers view the negative side of Globalism is that the standard of living of many Americans will decline significantly because of the work that has gone to poor countries.

From the American capital owning and financial brokerage view Globalism is the best thing since sliced bread.

What moral judgment should all Americans take toward Globalism? I have no answers to this very difficult question. This is the type of question that leads some people, like me, to duck their moral principles.

I suspect that Americans with capital will reap great advantage from Globalism but working Americans will be net losers. The workers and the capital owning citizens in poor countries will be large net winners.

How do you think that American workers will loose out? There is not evidence of this. When free trade opened with Mexico the fears were that all jobs would move to Mexico, this did not happen.

With Globalisation it is not just about jobs going to other countries, when the economies of the markets get better, the standard of living increase creating more disposable personal spend.

True manufacturing jobs may come and go, but the entire economy is not based on manufacturing, there are so many other opportunities created that the potential is huge.

I personally embrace Globalisation; it is bringing down protectionism and opening boarders faster than politics ever has. Can you imagine 25 years ago the world having the relationship with China that it currently has?

Hey, for the most part it is the American Multi-National businesses that are driving Globalisation anyway.

coberst;714569 wrote: What moral attitude should we take toward Globalism?

From the American workers view the positive side of Globalism is that many workers worldwide in very poor countries will experience a significant increase in their standard of living because the manufacturing of certain products that were manufactured in America are manufactured in their country.

From the American workers view the negative side of Globalism is that the standard of living of many Americans will decline significantly because of the work that has gone to poor countries.

From the American capital owning and financial brokerage view Globalism is the best thing since sliced bread.

What moral judgment should all Americans take toward Globalism? I have no answers to this very difficult question. This is the type of question that leads some people, like me, to duck their moral principles.

I suspect that Americans with capital will reap great advantage from Globalism but working Americans will be net losers. The workers and the capital owning citizens in poor countries will be large net winners.


I have no Moral stance re:Globalism. All will eventually benefit from it as each country does what it does best to the benefit of all. For some, that means supplying labor, for others, services. I disagree that it will lower the living standards of Americans. World strife presently and in the past has come about due to a lack of commonality in customs, language, religion. In time, I see Globalism as leveling the playing field where what's in the best interest of one country (state) is in the best interest of all.

Lon

I hate to have to say this to a fellow retiree but if they catch you, no matter what your age might be, they will throw you in the slammer for smoking that stuff.

Lon

I hate to have to say this to a fellow retiree but if they catch you, no matter what your age might be, they will throw you in the slammer for smoking that stuff.

mikeinie;714570 wrote: How do you think that American workers will loose out? There is not evidence of this. When free trade opened with Mexico the fears were that all jobs would move to Mexico, this did not happen.

With Globalisation it is not just about jobs going to other countries, when the economies of the markets get better, the standard of living increase creating more disposable personal spend.

True manufacturing jobs may come and go, but the entire economy is not based on manufacturing, there are so many other opportunities created that the potential is huge.

I personally embrace Globalisation; it is bringing down protectionism and opening boarders faster than politics ever has. Can you imagine 25 years ago the world having the relationship with China that it currently has? Hey, for the most part it is the American Multi-National businesses that are driving Globalisation anyway.


do you consider that to be a good thing?

coberst;714569 wrote: What moral attitude should we take toward Globalism?


I don't get the morality angle. Globaliz(s)ation simply is. It's neither good nor bad.

booradley;714711 wrote: do you consider that to be a good thing?


Yes, having travelled to Beijing, Shanghai and Guangdong I think that improved relationship with China is great.

I also think that we are handing them the global economy on a silver platter, but if the west is happy enough giving them economic dominance then so be it.

What is globalism & globalization?

http://www.theglobalist.com/StoryId.aspx?StoryId=2392

Joe Nye, former Dean of Harvard University’s Kennedy School of Government, informs us: Globalism describes the existence of various forms of networks that interconnect multi-continental distances while globalization describes the degree of globalism. In short, Nye considers “Globalism as the underlying basic network, while globalization refers to the dynamic shrinking of distance on a large scale¦ globalization is the process by which globalism becomes increasingly thick and/or intense.

There are four distinct dimensions of globalism: economic, which is the flow of goods and services; environmental, which is the effect upon the worlds environment and health; social, which is the flow of ideas and the effect of those ideas and ideologies upon the worlds cultures; and of course, there is the military dimension where power is displayed world wise by all cultures with such power.