Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.

Wealth is not merely being shared across the world due to globalization, it grand total is increased.  Trade is not a zero-sum game.

True - the problem is that it is being increased without being shared. Using average GDP numbers is becoming increasingly misleading in a number of countries as the increase seems to benefit only a happy few. Case in point the USA where median wages have been, at best, stagnant in the past 5 years - and have increased little in the past 30.

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (etg@eurotrib.com) on Tue Apr 18th, 2006 at 04:40:53 AM EST
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No - the wealth increase is actually shared through globalization, one example of which was the labor shift process I mentioned in this thread.

Ideals are the ultimate motivators. But also the greatest causes of destruction.

A tip: Don't get too high on your ideals.

by cge on Tue Apr 18th, 2006 at 08:51:10 AM EST
[ Parent ]


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