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by bowlofpetunias
3205 days ago
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Because "globalism" is a misnomer, it's shorthand for "economic globalism". Economic globalism is the exploitation of the masses by opening the borders for trade and desirable workers, whilst keeping them closed for the 99% of this planets population. That's the kind of "globalism" the tech elite supports. They love to hide behind closed borders when it protects their wealth and power. Those "same class of people" have always supported true globalism for the people in terms of a complete removal of borders. Don't blame them because greedy neoliberals have hijacked the term globalism. |
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https://c4ss.org/content/41012:
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"In the early 20th century, when most industrial capital was national, Western countries’ main imports were raw materials from the colonial world and their main exports were finished industrial goods. So it was in the interest of American manufacturers to restrict competition in the domestic market from imported goods manufactured in other industrialized countries. Fast forward 100 years though, and most American imports are by the Western-owned global corporations themselves, importing goods produced under contract for them so they can sell them in the domestic market at an enormous “intellectual property” markup over the cost of production.
Since the movement of goods across borders is now mostly an internal affair of global corporations themselves, outmoded tariffs that impede the movement of goods have become an inconvenience. What they need, instead, is a form of protectionism that still gives them a monopoly over selling a particular product in a particular market — but operates at corporate boundaries rather than national ones. That’s what “intellectual property” does.
Aside from the manufacturing corporations we just discussed, most of the other profitable industries in the global economy have business models centered on IP: Entertainment, software, electronics, biotech, etc.
So what’s falsely called “free trade” today isn’t a decrease in protectionism. It’s a shift from one kind of protectionism that no longer serves corporate interests, to a new kind of protectionism that better serves them."