Monday, October 24, 2022

This might be the beginning of the end of Corporate Globalization

More & more, people with influence  are recognizing the destructiveness & failure of neoliberal globalization.  It's about time.  https://www.youtube.com/watch?v=XrEI2-7Ubiw
😊😊😊😊😊  The solution offered hearkens back to E.F. Schumacher's "Small is Beautiful"; at least, it's akin to that.  Again, IT'S ABOUT TIME that happened.  This could be the beginning of the overthrow of global corporatism.  Let's hope so.  Perhaps policy makers will start seeing that all those "cheap" goods have social, economic, & environmental costs which have not been taken into account. 

Incidentally, the goods coming from Asia are not cheap in price.  Why?  Because the quality of them is so poor that they have to be replaced about ten times more than those made with durable materials, quality assurance, & quality control.  And, as has been shown over & over lately, with great distances come monstrous supply chain problems.  Suddenly the price of an item jumps up because it's scarce.

Finally, corporate globalization must go because mega companies (in general) :  a) don't really care much about customer satisfaction; and b) often evade accountability when they farm out manufacturing overseas.  International Trade can be responsibly done, but the WTO & the so-called "Free Trade Agreements" are an utter disaster.
https://rethinktrade.org/toolkit/hyperglobalization-and-supply-chain-failures/

Small is beautiful.  Let's have an economics as if people really mattered to the Powers-That-Be.  How about that?!
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Not only my opinion.  Be Well

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