Globalization: the ignorance of the facts
"There are also some losers in globalization," concedes the capital lobby. What a scorn! What a tremendous understatement!
Despite the economic decline in high-wage countries, which has persisted since 1980, the privileged establishment blatantly sells globalization as a success story. How do you do that? Quite simply: by "processing" and styling statistics beyond recognition. In other words, turning white into black.
1.
The trick with unemployment statistics!
Germany has a potential of about 50 million workers. But there are
only about 30 million jobs requiring insurance coverage (including
many low-paid part-time and hourly jobs, temporary work, etc.). The
shortage is obvious.
In order not to frighten the people's soul and to show success in employment, the facts are well worth the effort. For example, long-term unemployed people over 58 years of age are not counted in the first place (it is simply too many). As well as those who are sick, have low employment, no Hartz-IV entitlement, and so on. You can find a detailed description here.
It would be interesting to know how many paid full-time jobs actually exist. But such misery figures are apparently kept secret.
2.
The trick of increasing prosperity!
Because people are apparently thought to be stupid people, they are
also being persuaded to believe in income development. For example,
by ignoring the inflation rate, using gross instead of net wages,
including billionaires in the average wage, and so on.
If you calculate
fairly, almost all of the old industrial nations have seen a hefty
drop in income since 1980. Not only salesmen, butchers, truck
drivers, electricians, etc. are affected, but academics - doctors,
pharmacists, teachers, lawyers, architects, engineers - are also
feeling the decline. You don't believe me and want to know more?
Please....
It should be borne in mind that productivity has doubled since
1980. The benefits of technological progress and work compression
have completely disappeared! Simply incredible!
3.
The trick with the small calculation of the inflation
rate!
The inflation rate can also be easily manipulated and nicely
calculated. At present, the inflation rate in Germany is stated to be
0.5 per cent - I, on the other hand, see it at four per cent.
What the aim of the low inflation rate is clear: it frustrates the
right to higher wage increases and deceives a rise in prosperity that
in reality does not even exist. And it also legitimises the ECB to
continue the glut of cheap money (zero interest rate policy)
unreservedly.
Can you give me more detail? Surely....
4.
Pure national dumbing: "In 25 years, there has been an increase in
prosperity of 27,000 euros."
How stupid and naive are we supposed to be? Do some economic experts
no longer have any sense of shame? Yesterday, the television viewers
were seriously undermined in a documentary documentary, claiming that
globalisation would have led to a 27,000 euro increase in prosperity
between 1990 and 2014.
Are you all right? How weird is that? Unfortunately, he didn't reveal how the good man can get these dream figures. I suspect it is derived from GDP (gross domestic product). And it does not take inflation into account and also completely ignores the development of net wages and purchasing power.
But even with an
honest assessment of the inflation rate, gross domestic product is
not a good indicator of the change in living conditions. Because it
involves a hodgepodge of economic performance, whether meaningful or
counterproductive.
Ordinary citizens, for example, has very little of it, if enormous
sums of money are increasingly flowing into advertising, goods
tourism, the redevelopment of EU states, the reception of economic
asylum seekers or the escalating bureaucracy. In addition, the
formulas for calculating GDP are also changed from time to time
("adjusted over time"). Reliable comparisons are therefore hardly
possible.
The German
trade surplus (2014:310 billion euros) in which globalizers
are so fond of intoxicating themselves, also means very little
- if the figures are correct at all. The question is: what happens to
this surplus (it should have swayed to several trillions of euros
over the decades)?
Does the average citizen have the slightest advantage? Where did all
that money end up? Was it used in the end to invest in foreign
companies or to build huge factories abroad (in order to be able to
outsource more and more of the expensive German
production)?
The bottom line is that what counts is not GDP or the trade surplus, but the real development of income, prosperity and living standards. Anything else is eyewash.
5)
Globalisation led to a glut of cheap money!
Anyone who still praises globalisation today as promoting prosperity
is, in my opinion, a dreamer, a lobbyist or has serious perception
problems. Because it's already proven: The house of cards of
uncontrollable globalization (turbo-capitalism) can only be saved
from disintegration by a gigantic flood of cheap money. The collapse
of the global economy can only be halted by the adventurous
"zero-interest policy" economic stimulus program.
But how long can this go on for, how do you get out of this number? It undermines the principles of the market economy and deceives governments and humanity about the seriousness of the situation. I'm afraid this is going to end badly.
6)"Every
country should produce what it does best!"
Is it not sweet how the centuries-old dogmas of Mr Smith and Mr
Ricardo are still being adhered to? The outdated doctrine from the
primeval times of capitalism has long since been refuted in practice.
Apart from some exotic foodstuffs and luxury foods, today almost
everything can be produced anywhere on earth in the same quality.
It's not about the "better"anymore, it's all about the
"cheaper"! The production of textiles, TV sets, cameras, mobile
phones, office machines, etc. has not shifted from Germany to foreign
countries because people elsewhere are better able than we are, but
because they make it cheaper.
But that was not what Adam Smith and David Ricardo were concerned about (at that time, the world wage level was fairly uniform at the lowest level). It seems to me that Smith and Ricardo, who today are no longer able to defend themselves against misuse as a justification for modern wage and tax dumping, seem more than miserable.
7.
"We must redistribute more!"
Since it is admitted that there are "some" losers of globalisation,
economic experts are generously calling for greater redistribution.
That sounds good, but it's not.
After all, redistribution is in principle to the detriment of normal
and better earners. You can't catch the really rich and wealthy. If
the tax burden were too high, this would simply be chased out of the
country (which would be absolutely counterproductive). Many states
have already worked their way through "wealth taxes" and have failed
miserably.
But even the average and high-earners cannot be milked indefinitely. The higher the tax burden, the lower the willingness to perform. There's a pain threshold for everyone somewhere. If work is no longer worthwhile, the consequences are drawn (does Hartz IV or goes abroad). Many Hartz IV families are already doing better than double-earner households. Do we want to pervert this anti-social injustice system even further?
I see the call for more redistribution as a staged distraction manoeuvre: it offers bogus solutions to persevere with the absurd free-trade mania (at globalisation).
Excuse
me!
There is no equality of opportunity - even when it comes to forming
opinions. While the capital (corporations, speculators, lobbyists,
media, governments) can afford the best translators, I have to settle
for a simple language program for financial reasons. I hope, however,
that the text is nevertheless reasonably understandable and that no
major mistakes have occurred. Thank you for your understanding.
Manfred Julius Müller, 24939 Flensburg (Flensburg has approx.
90,000 inhabitants and lies on the German-Danish
border)
The creation of translated pages is currently under construction. Please also use the pages that can be translated with a simple click at www.politiks-lexikon.eu
My
websites are absolutely non-partisan and
independent!
They
are not sponsored by state institutions, global
players, corporations, associations, parties, unions, aid
organizations, NGOs, the EU or capital lobby, hyped by google or
influenced by the cancel culture movement! They are also free of
advertising and fees.
Background and
analysis:
Can
the EU still be reformed?
Research:
Globalization poisons capitalism!
History
and background of the political
SW-MAGAZINE
German
Political Encyclopedia: independent &
non-partisan
Do
doctored statistics and state propaganda form the basis of our
democracy?
Poverty
research: Which countries with high birth rates are really doing
well?
The
infiltration of democracy by the Cancel Culture movement
The
nasty tricks of the anti-democrats!
Causes
and consequences of global economic crisis
In
Germany wages have been falling since 1980.
Why?
Germany:
The brazen proclamation of skills shortage!
Globalization:
the ignorance of the facts
The
political and economic consequences of an
brexit
An
analytical consideration from German view.
"We
have to explain Europe better!"
When
will the Dexit? (the withdrawal of Germany from the
EU)
The
rule of law becomes a laughing stock
English:
Are
EU skeptics angry nationalists?
French: Sont
eurosceptiques nationalistes en colère?
Italian: Sono
scettici UE nazionalisti arrabbiati?
Portuguese: céticos
da UE são nacionalistas irritados?
Spanish: Son
escépticos de la UE nacionalistas de
ira?
Swedish: Är
EU-skeptiker arga nationalister?
© Manfred J. Müller, Flensburg, Dezember 2012, Nachtrag Mai/Juni 2016
Manfred J. Müller has been analyzing global economic processes for 40 years. He is considered a pioneering thinker. For example, 20 years ago he called for a kind of supply chain law that obliges manufacturers and dealers to only import fairly remunerated and produced goods to Germany (finally became law in May 2021). He has also long recommended a minimum profits tax for large companies on domestic sales (Joe Biden's proposal for a global minimum profits tax in spring 2021 is finally moving in the same direction, but is far too lame and will hardly be implemented internationally). Manfred J. Müller has also been fighting for his idea of wage cost reform for three decades (gradual reduction of social security contributions with counter-financing through value added tax and customs duties).
Through
decades of brainwashing, the corporate lobby has succeeded
in making radical ideologies a matter of course! A
critical look behind the scenes of political
machinations:
Through
an army of loyal politicians and sympathetic journalists and
the superiority of their opinion factories, system-owned
economic institutes producing desired statistics, etc., they
have brought about social changes and laws that only serve
their special interests. This can be seen, for example, in
the development of earned income (real net wages and
pensions have been falling in Germany since 1980) on the one
hand and the gigantic jumps in profits on the other (such as
with shares and dividends). Should it always go on like
this?
The
dreaded books by Manfred Julius
Müller...