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To: Box-By-The-Riviera™ who wrote (113857)7/21/2001 9:14:01 PM
From: Haim R. Branisteanu  Respond to of 436258
 
Joel, the demonstrators have their point as there is no true globalization at issue is the fact that the influence of the big countries whose governments are elected with the support of BIG BUSINESS do impoverish many other people, by raising the cost of entry for competition and there is a sensible point to fight globalization in the present form.

As a fact to date any declaration was a self serving declaration of the G-8 and not an objective or balanced one.

Just think about starting a new business were Coke or AirBus or GE are entrenched -- no choice ------ how about exploiting your own natural resources like making great products from Bauxite ------- again you need to sell your soul to Alcoa and the like and never enjoy the benefits and profits of products from aluminum.

Case in point - Suriname - rich in natural resources low in population and the country is a financial dissaster, because they are exploited and have no other choice.

There is a simple solution to solve the crisis but no one industrialized nation will adopt it.

The solution is simple - impose higher import taxes on raw materials imported and lower import taxes on finished products manufactured from indigenous raw materials it is simple but will not benefit BIG BUSINESS and as such will be not adopted.


Haim