New World Order: Poverty and war condemn capitalism

[newthinking]

Workers in Western countries are now paid so badly that businesses are reportedly finding it profitable to return from China – having relocated to Asia in the first place to exploit cheap labor there.

http://nsnbc.me/2014/04/27/free-europe-poverty-war-condemn-capitalism/

Finian Cunningham (PTV) :
nsnbc International

It is an astounding indictment of how capitalism has created a global race to the bottom of misery for workers – yet the Western corporate news media actively conceal this abomination.

Poverty and wars are an indictment of capitalism as a failed economic system, writes Finian Cunningham.
This week a BBC business report sounded almost celebratory about the fact that Britain, the US and other Western countries were now said to be “cost competitive” with China and Brazil. The upshot is that many businesses and companies are now re-setting up in Western countries because of the “competitive” wages of workers, according to the BBC spin.

The competitiveness, said the BBC, stemmed from workers’ wages in the West being “held steady” and because they have “become more productive”.

This is Orwellian language to obscure the conditions of systematic poverty and exploitation that exist for many workers in Western countries – the scale of which is so appalling that companies are finding Western countries more profitable than other destinations that were formerly thought of as providing cheap labor.

Continued: http://nsnbc.me/2014/04/27/free-europe-poverty-war-condemn-capitalism/

[RKP5637]

1. Yep, and certainly not by chance. I was saying this some years ago, the intent was to

collapse the middle class into economic strife so shop could be set up in America with dirt wages. Most companies would rather conduct business at home with serfs than go international to get them. ... but you say the truth and people start slamming you, like they're proud to be steam rolled over. With capitalism, someone always has to lose, because it's based on survival of the fittest and clawing over others to keep ones head above the heap of humanity! It could work, but those at the top always exploit the system and cheat, like with most "isms."

[Tierra_y_Libertad]

2. Trickle down "competitiveness".

Work harder for less so you don't have to learn Chinese.

[L0oniX]

3. Obviously it wasn't enough for them to make us work 40 hours a week.

Now that they also have us down at minimum wages they come back to help us with jobs? Some fucking help that is. I hope all these corporate sociopaths burn in a flaming red hot hell.

[moondust]

4. Global neofeudalism.

Watched the 2013 Jodie Foster/Matt Damon film called Elysium last night. Interesting take on the 99% vs. 1% divide.

[Bluenorthwest]

5. I love that movie, also District 9 by the same director

Great stuff.

[A HERETIC I AM]

6. If only a World Order, New or otherwise, could always be this interesting;