Saturday, March 5, 2011

Q3 Blog 2

     With recent uprisings across North Africa effects of having a large global economy are being felt everywhere. Here in the United States gas prices have risen to nearly 4 dollars a gallon in part of a direct relation with the events in Libya. A complex global economy tethers all areas of trade into one unified ecosystem. If one aspect of this system fails, then all other aspects suffer. Smaller systems of this can be seen on national scales. The United States economy follows many of the same tenets of the global economy. If one area of the Unites States economy fails then all other elements suffer from the failure. This is evidenced by the recent economic slump, brought about by spending too much money abroad, but primarily caused by the rise in foreclosures. The dangers of having an interlaced system of economics is ever prevalent, if one pillar fails then the entire tower slouches, the effects are magnified when placed on the global scale. If the economy alwasy runs in cycles, which history shows as a recurring theme, then the United States should embrace isolationist policies, if not for its own survival, but for the good of other nations.
       According to  www.google.com/publicdata the current US GDP is 14.26 trillion dollars. If we reduce global trade and rely on our own government to produce goods that number would drop considerably. The nations that hold onto the money that would normally be forced to spend it on trade will be able to retain their money. The obvious issue inside of this idea remains obvious, what to do about jobs and spending. Even with the largest GDP in the nation we remain in intense debt, debt that has been accumulated through trade and war. Businesses that deal in the United States make profit without creating jobs. They profit, the economy loses. The only way to remedy these problems remains, all nations must desist from global trade and rely on independent production and subsistance versus profit based trade.
     If all countries compromise and return to isolationist subsistance based principles then we can protect public interest and health. Money should be redistributed, not just globally, but nationally as well. Protection of the people must be the governments first ideal, this means removing the nation from diplomatic affairs abroad, and in exchange relying on natural supplies to exist. In exchange for goods, only other goods should be traded. By placing the entire world on one monetary system each nation depends on the other for success. Giving aid freely is different from trade in that nothing is owed back, the other country does not demand anything back from the country it is helping. So Japan can receive goods from China freely, and in exchange Japan can supply China with technological and manufactured goods. If the aim of this trade system is not profit then it is not colonialism, but mutual success by working as a unified system. In the United States becoming isolationist means pulling out of all affairs we are currently involved in. It means no longer pursuing the capitalist ideal of success. It means removing the nation from the equation, in order to benefit the people, pursue true peace among nations, and most of all it means a government for a unified people. People unified through division and the common need to exist.

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