Here’s a necessary article for all you nativist nitwits. Why we need globalization. Before proceeding to a discussion, I should mention that globalization isn’t really the key term in pieces such as this. We is. We! We! We! They are the satisfying sounds of a French whorehouse.
But who’s we exactly? And why are we so distinct from me? Because if we were me, then me would have the same interests as we. And if me had the same interests as we, then we wouldn’t need to keep telling me why our agenda is so beneficial to us. It would be obvious. But because we wants to profit at me’s expense, the Internet becomes clogged with first person plural pronouns that really aren’t applicable.
The primary thrust of we’s argument is that trade is good because it enriches the traders. And those who are not traders can be appeased with subsidies until their political power wanes sufficiently to be ignored. I just added that last part since the author declined to state it overtly.
What makes this position gain so much traction is that—like all great lies of omission—it has the ring of truth. Comparative advantage is a real thing. And so are rising home equities, burgeoning 401k balances, and cheap consumer goods. But always left out of economic analysis is the fact that trade is a qualitatively neutral term. What are you getting compared to what are you giving is the equation that actually resolves its worth.
For instance, it is trade if me sells we his house for $100. It’s a trade that we will assuredly trumpet, just as me will feel rich from the cash infusion. But is me actually better-off from this transaction? And how much benefit will endure for his children compared to if they had inherited the family estate? Can wealth be measured in ways more subtle—yet much more meaningful—than how many chalupas a man can buy with the cash in his pocket?
The truth is globalization is an offer to purchase your patrimony. And nothing else whatsoever. The national slumlords are simply trying to convince the gullible of how much richer they’ll be after selling their home.
People frequently ridicule profligate and easily manipulated black athletes and entertainers who squander immense wealth. It is thought that only the most foolish would choose cars and clothes over a carefully nurtured nest-egg that could have sustained their posterity for generations. Well who’s the naggers now?