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Sun Nov 11, 2012, 06:34 AM

How America Is Turning into a 3rd World Nation in 4 Easy Steps

http://www.alternet.org/economy/how-america-turning-3rd-world-nation-4-easy-steps

***SNIP

Step 1: Destroy Manufacturing

From 1791, when our nation's first Treasury Secretary Alexander Hamilton created an 11-point plan for American manufacturers, all the way until just the last few decades, the United States protected its manufacturing base with high tariffs on imports and government support for domestic industries.

***SNIP

Step 2: Harvest the Middle Class

America's working class no longer builds TVs or computers or furniture on assembly lines; they now flip burgers at McDonalds and turn down the sheets at Holiday Inns. And those high-skilled workers who used to design the marvels of manufacturing now manufacture credit default swaps and mortgage-backed securities on Wall Street.

***SNIP

Step 3: Export American Wealth

There's a hefty price tag associated with transitioning from the world's largest exporter of manufactured goods to the world's largest importer of manufactured goods. That price comes in the form of trade deficits.


***SNIP

Step 4: Recolonize

With American workers desperate for any kind of opportunity to work, Foxconn and other foreign corporations now have access to a brand new pool of cheap labor.

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Reply How America Is Turning into a 3rd World Nation in 4 Easy Steps (Original post)
xchrom Nov 2012 OP
HiPointDem Nov 2012 #1
xchrom Nov 2012 #2
coalition_unwilling Nov 2012 #15
leftstreet Nov 2012 #16
coalition_unwilling Nov 2012 #17
baldguy Nov 2012 #3
MrYikes Nov 2012 #4
bowens43 Nov 2012 #5
AlbertCat Nov 2012 #8
geckosfeet Nov 2012 #6
SHRED Nov 2012 #7
pampango Nov 2012 #9
Iggy Nov 2012 #10
Hugabear Nov 2012 #11
ReRe Nov 2012 #12
woo me with science Nov 2012 #13
nichomachus Nov 2012 #14

Response to xchrom (Original post)

Sun Nov 11, 2012, 06:40 AM

1. kr. it's how the british impoverished india and china in the first place. david harvey says the

 

crises of capitalism are never solved, just moved around, e.g. neighborhood x, former ghetto, is now gentrified, but the ghetto still exists, just in another location. applies to the city, the state, the nation and the globe.

i've been toying with the ramifications of this idea for a long time, basically that capital makes money from instability, by shifting 'the crisis' -- making money on 'developing' one area while 'undeveloping' another simultaneously.

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Response to HiPointDem (Reply #1)

Sun Nov 11, 2012, 06:44 AM

2. recolonizing probably looks -- on the surface -- different from place to place too. nt

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Response to HiPointDem (Reply #1)

Sun Nov 11, 2012, 10:47 AM

15. V.I. Lenin said it 100 years earlier, btw. Can't remember the title of the work, but

 

it was Lenin's discussion of imperialism (and World War I) as the final crisis of capitalism, as it externalizes its internal dynamics and contradictions.

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Response to coalition_unwilling (Reply #15)

Sun Nov 11, 2012, 11:13 AM

16. 'Imperialism, the Highest Stage of Capitalism'

a good read

Imperialism, the Highest Stage of Capitalism (1917), by Lenin, describes the function of financial capital in generating profits from imperial colonialism, as the final stage of capitalist development to ensure greater profits. The essay is a synthesis of Leninís modifications and developments of economic theories that Karl Marx formulated in Das Kapital (1867).

http://en.wikipedia.org/wiki/Imperialism,_the_Highest_Stage_of_Capitalism


http://www.readingfromtheleft.com/Books/Classics/LeninImp.html

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Response to leftstreet (Reply #16)

Sun Nov 11, 2012, 11:21 AM

17. Thanks. I was just being lazy but I really do appreciate your

 

bibliographic slogging

No need to revisit history of World War I other than to say that Lenin's argument was that it was an imperialist war, fought by competing capitalist empires.

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Response to xchrom (Original post)

Sun Nov 11, 2012, 06:48 AM

3. Step 0: Dumb down the level of debate.

Denegrate academic achievement. Defund public education. Turn "news" outlets into sources of nothing but gossip & entertainment - don't address the issues of the day with facts or analysis. And always spin, spin, spin....

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Response to xchrom (Original post)

Sun Nov 11, 2012, 07:11 AM

4. and change the meanings of words

so that no one understands what is being said.

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Response to xchrom (Original post)

Sun Nov 11, 2012, 07:43 AM

5. the two of the most obvious signs aren't listed:

guns and god


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Response to bowens43 (Reply #5)

Sun Nov 11, 2012, 08:26 AM

8. guns and god

Or, violence and delusion.


Two ways NOT to solve problems, but postpone them.

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Response to xchrom (Original post)

Sun Nov 11, 2012, 07:46 AM

6. The R$ version:

1. Glorify and encourage vulture capitalism

2. Force wages down, limit opportunities for employment, privatize social security and reduce taxes on the wealthy and corporations

3. Outsource manufacturing and buy and use foreign shell companies to protect profit from US taxes

4. Globalize labor pools and regulate unemployment rates and wages

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Response to xchrom (Original post)

Sun Nov 11, 2012, 08:11 AM

7. Thom Hartmann is the best!

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Response to xchrom (Original post)

Sun Nov 11, 2012, 08:54 AM

9. Another "R's (Hoover/Coolidge) were right about trade; Dems (Wilson/FDR/Truman) were wrong" article.

The US is still the largest manufacturing country in the world. The problem is that manufacturing does not generate the large number of jobs that it used to do because of automation. Manufacturing employment has been declining in every country - even China.



The replacement of tariffs with the income tax as the main source of government revenue in the early 1900's was a great progressive victory.

Everyday Americans hated the tax system of the Gilded Age. The federal government gathered taxes in two ways. First, it placed high tariff rates on imports. These import taxes protected American industries from competition. This allowed companies "to charge high prices on products that the working class needed to survive while also protecting the monopolies that controlled their everyday lives." Second, the government had high excise taxes on tobacco and alcohol, two products used heavily by the American working class.

These forms of indirect taxes meant that almost the entirety of federal tax revenue came from the poor while the rich paid virtually nothing. This spawned enormous outrage.

http://www.alternet.org/labor/hidden-progressive-history-income-tax?akid=9361.277129.2KDGDd&rd=1&src=newsletter706781&t=14

Low tariffs were part of Woodrow Wilson's 12-point plan for the post-WW I era. The republican senate defeated it along with US participation in the League of Nations. When republicans returned to the presidency in 1921 they enacted higher tariffs in 1921, 1924 and 1930. FDR reduced those tariffs later in the 1930's and, of course, pushed low-tariff international trade as one of his visions for the post-WW II world.

American manufacturing companies supported republican higher tariff laws in the 1920's and 1930. Why? Because higher tariffs allowed these companies "to charge high prices on products that the working class needed to survive while also protecting the monopolies that controlled their everyday lives." These companies also opposed FDR's lowering of tariffs in the 1930's and after WWII.

But the trade policies of Wilson, FDR and Truman could not work today. - Actually they do - in the most progressive countries in the world - in Europe and Canada which have higher levels of international trade (and, yes, 'free trade') than the US could dream (or 'nightmare') of.

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Response to xchrom (Original post)

Sun Nov 11, 2012, 09:11 AM

10. STEP 5:

 

Invest little to nothing in our nation's infrastructure.

as I've noted elsewhere: we can't have a first world nation based/built on a third world infrastruture.

what happens when our infrastructure FAILS was just rather profoundly proven in Manhattan and NJ with hurricane Sandy (the second hurricane to strike the area in 14 months). there are numerous buildings in Manhattan which may not have power for months.

the American Society of Civil Engineers regularly evaluates and grades our nation's infrastructure; we're now at "D" with "F" being FAIL. the ASCE estimates an expenditure of over $2 TRILLION dollars needed to get our infrastructure back to A level.

The good news is for every $1 Billion spent on infrastructure, 50,000 jobs are created. we're talking good paying jobs for architects, engineers, construction workers, truck drivers, etc.

Need more jobs right now? do the infrastructure math.

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Response to xchrom (Original post)

Sun Nov 11, 2012, 09:12 AM

11. Don't forget the vilification and weakening of unions

FOX News and the right-wing propaganda machine have been working 24/7 to demonize unions for the past few decades. We also see states taking actions to weaken unions. In order to take full advantage of a domestic cheap labor pool, unions will have to be further eradicated.

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Response to xchrom (Original post)

Sun Nov 11, 2012, 09:33 AM

12. Cheap Labor....

....cheap labor, cheap labor, cheap labor, cheap labor, cheap labor, cheap labor. And of course everything in the Alternet article.

I used to watch C-Span all the time (back in the 90's before they screwed up the format when the Bush Cabal came in) and I would scream at the TV every year when the House would pass that damned "Most Favored Nation Trading Status" deal with China. Every year (or two, I can't remember...give me a break-I'm getting older), it passed on through slick as butter. One representative from those days who was my hero was Henry Gonzalez from Texas. He would get up there on one of his informative hour long tirades about bank deregulation. Those were the days, I tell you. I don't know if one could go back in C-Span archives and find Henry, but it would be worth a search if you ever have some time to sit still and listen to him. Anyway, back to China.... I read an article here somewhere a day or two ago that China was near surpassing our economy in a couple years???!!!



Has every one read Naomi Klein's The Shock Doctrine: The Rise of Disaster Capitalism published around 2007?? I have an extra paperback edition in near fine condition if anyone would like to read it, with the promise to pass it on to another DU member that's interested when you're through with it. Drop me a DU note if interested. Naomi explains all of this.. . why we are turning into a 3rd world nation. She includes reference notes and index. It's packed with knowledge of what has been happening while we were otherwise occupied with our lives and/or just wholesale hoodwinked.

ReRe

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Response to xchrom (Original post)

Sun Nov 11, 2012, 10:33 AM

13. Purchase governments. nt

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Response to xchrom (Original post)

Sun Nov 11, 2012, 10:43 AM

14. Greg Palast clearly outlined this 10 years ago

In "The Best Democracy Money Can Buy." He has been studying the neo-liberals for years and knows their plan and their tactics. None of this was a secret. It was test-driven in other places before the US. And it's being carried out in Europe too, thanks to the Euro.

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