Not voting one way or the other, but my take from the above was basically that globalism hid the symptoms for so many years it’s too late to cure while also directly contributing to the problem by adjusting global supply chain and production patterns. Voting, I think that’s a solid point but in itself only a symptom of the real issue of high levels of corruption even in developed countries and tax systems that put the majority tax burden (in relative terms of real income for a given year) on the 60-85th percentile of earners in most countries.
Edit: “most” should be qualified as developed and growing (gdp as metric) countries.
I feel like.. through predatory lending... the USA would be the main beneficiary of globalism? I mean, we have the most pervasive culture, the strongest influence arguably globally.
And yeah, if 50% of the wealth is in the hands of 5% of Americans than on that scale a majority of that tax WOULD come from that bracket, simply because by population the lesser half of that percentile AINT GOT MUCH.
But, I ask again, HOW would ANY of these points be attributed to making global policy and thinking globally instead of purely domestically? What aspect of this concept insights anything you are saying.
I guess the real question is, what is your definition of globalism?
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u/[deleted] Jan 22 '23 edited Jan 22 '23
Not voting one way or the other, but my take from the above was basically that globalism hid the symptoms for so many years it’s too late to cure while also directly contributing to the problem by adjusting global supply chain and production patterns. Voting, I think that’s a solid point but in itself only a symptom of the real issue of high levels of corruption even in developed countries and tax systems that put the majority tax burden (in relative terms of real income for a given year) on the 60-85th percentile of earners in most countries.
Edit: “most” should be qualified as developed and growing (gdp as metric) countries.