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Toma nota.../Take note...

Globalization is not such a panacea

Written by Gerardo E. Martínez-Solanas on 24 October 2017. Posted in Toma nota.../Take note....

We may learn from recent history that globalization has not been a smooth process. The rapid trade volume increase and initial ourput growth caused by the fast and wide globalization trend during the last 70 years went often together with major shifts in the relative size of the economies involved. According to a World Trade Organization report, the "structure and size of international capital flows has varied greatly over the last 60 years. In the aftermath of WWII, the economies of Europe and Japan suffered large trade deficits and could generate only limited savings for rebuilding their capital stock. The Marshall Plan, the European Payments Union and at a later stage United States’ foreign direct investment (FDI) provided the necessary liquidity for the expansion of international trade." Those remedies are no longer available. The facts in recent years prove that the gap in incomes between the 20% of the world's population in the richest and poorest countries has grown considerably and per capita incomes have fallen in more than 70 countries over the past 20 years. A reassessment of this trend is essential. The Economist offers its own point of view on this issue:

Globalisation’s losers – The right way to help declining places

Time for fresh thinking about the changing economics of geography   

Oct.21.– Populism's wave has yet to crest. That is the sobering lesson of recent elections in Germany and Austria, where the success of anti-immigrant, anti-globalisation parties showed that a message of hostility to elites and outsiders resonates as strongly as ever among those fed up with the status quo. It is also the lesson from America, where Donald Trump is doubling down on gestures to his angry base, most recently by adopting a negotiating position on NAFTA that is more likely to wreck than remake the trade agreement (see article). 

These remedies will not work. The demise of NAFTA will disproportionately hurt the blue-collar workers who back Mr Trump. Getting tough on immigrants will do nothing to improve economic conditions in eastern Germany, where 20% of voters backed the far-right Alternative for Germany. But the self-defeating nature of populist policies will not blunt their appeal. Mainstream parties must offer voters who feel left behind a better vision of the future, one that takes greater account of the geographical reality behind the politics of anger.

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Nobel Prize winners (2017)

Written by Democracia Participativa on 10 October 2017. Posted in Toma nota.../Take note....

Peace Prize   

  • International Campaign to Abolish Nuclear Weapons (ICAN)

Norweigan Nobel Committee says award made ""in recognition of work to draw attention to catastrophic humanitarian consequences of any use of nuclear weapons".

Physics

  • Barry Barish
  • Kip Thorne
  • Rainer Weiss

"For decisive contributions to the LIGO detector and the observation of gravitational waves"

Chemistry

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Urgent to fight institutionalized Corruption before it is too late

Written by Gerardo E. Martínez-Solanas on 01 October 2017. Posted in Toma nota.../Take note....

Young Latinamerican leaders meet with SG Almagro at OAS Headquarters

Corruption is flooding Latin American democracies and leading to their disintegration, until they fall into the hands of ambitious populist politicians who end up destroying the remnants of the rule of law and sink their countries into a corrupt totalitarianism from whose grip peoples find it very difficult to free themselves. That is the stark reality in Cuba, Venezuela and Nicaragua, among others. It is essential to wake up the peoples of our Continent before it is too late, so that they understand that absolute power corrupts absolutely and work together to fight the enemies of democracy, crouched in the pit of totalitarianism. This initiative reported below aimed at the Latin American youth is a ray of hope.

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Put Me In Coach: Reworking Social Studies for Participatory Democracy

Written by Education Week Teacher on 11 August 2017. Posted in Toma nota.../Take note....

As colleagues at Harvest Collegiate High School, Andy Snyder and I talk a lot about the way humans develop. In this essay he presents a vision for how to reform social studies curriculum, one that I have seen him enact with good results: students who are engaged, thinking critically, and actively developing meaningful skills. Regardless of what you teach, and especially if you teach social studies, your students could also benefit from his ideas, written below, that help students engage in meaningful disciplinary skills.— John T. McCrann 


Imagine a basketball coach with no hoops and no ball who provided a textbook history of basketball, showed video of some of the greatest games, and imparted a passion for teamwork. But she never held a practic and the players never bounced a ball. How would her team do in a game? How well do our students and former students do as participants in a democracy—with all that we've taught them of history, geography, government, and economics? Knowledge, skills, and values are necessary aspects of a good civic education but the most important element has been left out—action. Civic duties involve doing things in the world—pushing us to go beyond knowledge, thinking skills, and values within our classrooms. Civic education requires practice working with others to take action.

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Danger or rampant consumerism promoted by credit institutions

Written by Democracia Participativa on 25 July 2017. Posted in Toma nota.../Take note....

Money is an intangible based more on consumer’s confidence than in the economic and financial base that supports its real value, although this base, of course, is essential to hold its value. Therefore, for practical purposes, there is no real difference between a piece of paper or a piece of rectangular plastic. It all depends on these two fundamental factors. The problem of replacing paper with plastic rests primarily in the fact that the State issues paper money, while private companies, especially banks, issue credit (or debit) cards. In the first case, it is an instrument to handle and control economic stability, while in the second case it is a lucrative business that feeds consumerist exceses that often lead to increased debt and the capital loss suffered by consumers having to pay substantial interests. That is why it is so interesting the article that follows, which focuses on the forceful way banking and financial interests are driving a transformation that stimulates even more dangerous consumerism.  

War on Cash 2.0 — Visa Now Paying Businesses to Stop Taking Cash

July 18.– According to the most recent data, Visa — which is mostly owned by banks–accounts for over 50 percent of all credit card transactions and 70% of all debit card transactions in the world. Hundreds of billions in transactions process through Visa’s databases every year and this number continues to grow.

Despite their overwhelming increase in market share, cards issued, and overall total volume, Visa has made a recent move that shows they intend to completely snub out their most unaccountable, untraceable, and most liberty-associated competitor and means of payment–cash.

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More Articles …

  1. Argentina sale del empantanamiento crediticio y del déficit presupuestario provocados por el peronismo kirchnerista
  2. La Unión Europea se prepara para el futuro
  3. Triunfa la política de austeridad en España
  4. Will outsourcing and offshoring fade?
  5. Niveles de Libertad Económica en el mundo
  6. List of Obamacare Taxes Repealed by the new American Health Care Act
  7. MAFIAS y CORRUPCIÓN - Azote Mundial
  8. Comienzan a germinar las buenas semillas en Cuba
  9. The free-trade fiction
  10. Brexit = European Union collapse?
  11. El calvario de la clase obrera en Cuba
  12. ¿Preven una catástrofe monetaria en Europa?
  13. Abrumador el derrumbe económico venezolano
  14. José Miguel Vivanco - Es ingenuo construir la paz en Colombia sobre “grotesca impunidad”

Subcategories

Perspectiva económica: Martínez-Solanas Article Count:  122

Perspectiva Económica: Elías Amor Article Count:  35

Perspectiva económica: Castañeda Article Count:  89

Columnistas invitados / Guest columnists Article Count:  1306

Mundo Sindical / A Worker's World Article Count:  227

Perspectiva Económica: Doug Casey Article Count:  6

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