A discussion of what the global elite have labeled 'free trade' aka globalism.

The Pope and Godless Capitalism—Global Economy Impoverishes US Working Class, Kills Foreign Workers
By Patrick J. Buchanan
May 2, 2013

"This is called slave labor," said Pope Francis.

The Holy Father was referring to the $40 a month paid to apparel workers at that eight-story garment factory in Bangladesh that collapsed on top of them, killing more than 400.

Zitat

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"Not paying a just wage ... focusing exclusively on the balance books, on financial statements, only looking at personal profit. That goes against God!"

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The pope is describing the dark side of globalism.

Why is Bangladesh, after China, the second-largest producer of apparel in the world? Why are there 4,000 garment factories in that impoverished country which, a few decades ago, had almost none?

Because the Asian subcontinent is where Western brands—from Disney to Gap to Benetton—can produce cheapest. They can do so because women and children will work for $1.50 a day crammed into factories that are rickety firetraps, where health and safety regulations are nonexistent.

This is what capitalism, devoid of a conscience, will produce.
. . .
The ideological basis of globalism was that, just as what was best for America was a free market where U.S. companies produce and sell anywhere freely and equally in the U.S.A., this model can be applied worldwide.

We can create a global economy where companies produce where they wish and sell where they wish.
. . .
Meanwhile, other nations, believing yet in economic nationalism, would invade and capture huge slices of the U.S. market for their home companies, their "national champions." The losers would be the companies that stayed in the U.S.A. and produced for the U.S.A., with American workers.

And so it came to pass. U.S. real wages have not risen in 40 years.

In the first decade of the century, America lost 5 million to 6 million manufacturing jobs, one in every three we had, as 55,000 factories closed.

Since Bush 41 touted his New World Order, we have run trade deficits of $10 trillion—ten thousand billion dollars! Everybody—the EU, China, Japan, Mexico, Canada—now runs a trade surplus at the expense of the U.S.A.

We built the global economy—by gutting our own."

http://www.vdare.com/articles/the-pope-a...s-kills-foreign-