tag:blogger.com,1999:blog-1462488453822156883.post5029447889955958495..comments2024-03-29T10:53:28.617+11:00Comments on loon pond: In which the pond sighs and sobs along with Dame Groan, as we head off somewhere some time soon ...Unknownnoreply@blogger.comBlogger5125tag:blogger.com,1999:blog-1462488453822156883.post-27180122457557653562016-11-24T14:51:21.216+11:002016-11-24T14:51:21.216+11:00I'm not very literate in things economical but...I'm not very literate in things economical but Dame Groan's 'woeful' Japanese service sector intrigues me. Correct me if I'm wrong, but hasn't Japan for decades deliberately chosen 'inefficiency' as a way of maintaining high levels of full-time employment? Is Japan not more or less fully-employed? Compare that with just about any other country, anywhere. And a nation of savers, too. According to the failed neo-liberal models we've had crammed down our throats, yes, it probably looks like a basket case, but somehow I don't believe it is. Anyway, my little rule is, whatever Dame G says, I believe the opposite. It's been working a treat so far. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1462488453822156883.post-82720154004622388932016-11-24T13:52:36.168+11:002016-11-24T13:52:36.168+11:00What, no mention by Groan nor Denton of neoliberal...What, no mention by Groan nor Denton of neoliberalism globalising the growth of the now huge US corporate monopolies?<br /><br />https://www.theatlantic.com/business/archive/2016/11/trump-antitrust-barry-lynn/507917/<br /><br />"White: How does concentration in these sectors play out at the individual or personal level, in day-to-day life?<br /><br />Lynn: Monopoly means—very simply put—that we pay more for things and we get paid less for our work. And so over the course of a year, maybe that's not going to have a really big effect on us, our communities, our families. But if you run that out for 30 years, then it's going to have a really huge effect on our society...<br /><br />White: During the campaign, Trump criticized lots of companies for outsourcing and lots of politicians for trade deals that he said hurt the U.S. Did you agree with his sentiments?<br /><br />Lynn: I think Trump is coming at this in a very different way than I would look at it. I have a lot of friends who have opposed the radical globalization that we've seen over the last 20 years. A lot of them are somewhat old-fashioned protectionists—what they want is to make things here either because they want to protect the capitalists who don't want to go to China, or because they want to protect certain kinds of jobs. Both groups were involved on the Trump side during this last campaign.<br /><br />I look at it as more a matter of how power is wielded across international industrial systems."<br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1462488453822156883.post-9547094869802254862016-11-24T13:30:04.267+11:002016-11-24T13:30:04.267+11:00Though you may depend on it that at least Bomber a...Though you may depend on it that at least Bomber and now Smokin' Joe have received an increased remuneration because of AUSFTA.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1462488453822156883.post-60779847578812236202016-11-24T13:19:51.423+11:002016-11-24T13:19:51.423+11:00161123 -
http://www.globalresearch.ca/trump-and-t...161123 -<br /><br />http://www.globalresearch.ca/trump-and-the-collapse-of-capitalism-coc-foibles-fables-and-failures-the-financial-press-and-its-keepers/5558610<br /><br />"...These financial scribes are very selective in their critique of economic exploitation: They denounce political adversaries while churning out vapid cultural stories and reports on the ‘eclectic tastes’ of the elite. Their weekend cultural pages may occasionally contain a critique of some predatory financiers next to a special feature on an unusual sculptor or successful upwardly mobile immigrant writer. Day after day, the same financial media publishes predictable ‘bootlickeries’ masquerading as reports on vulture capitalists, warmongers and imperial warlords.<br /><br />The Presidential elections made millions of American voters starkly aware of the mendacity of the mass media and the corruption of the Clinton political elite..."<br /><br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1462488453822156883.post-18942908721313254072016-11-24T08:26:47.803+11:002016-11-24T08:26:47.803+11:00Sayeth the Groan: "And don't forget we h...Sayeth the Groan: "And don't forget we have a trade agreement with the US."<br /><br />Sayeth Shiro Armstrong of the ANU Australia-Japan Research Centre: "The Australia United States free trade agreement (AUSFTA) came into effect in 2005. ... The evidence reveals AUSFTA resulted in a fall in Australian and US trade with the rest of the world — that the agreement led to trade diversion. Estimates also show that AUSFTA is associated with a reduction in trade between Australia and the United States."<br /><br />That's the ticket - reduce our dependency on trade and thus Bring Back Australia !GrueBleennoreply@blogger.com