Nowhere to Run, Nowhere to Hide: Globalism's Inherent Systemic Threat

Alt-Market  ( Original )
APR 26, 2018

Globalism, like most forms of technology, has been mindlessly adopted and integrated into our lives as soon as it was practicable, with little regard to whether or not it was a good decision.

Economic interconnectedness is perhaps the single greatest systemic threat of them all. Until very recently, China’s debt issues, which remain largely hidden from the world and are bound up in unique, massive, public/”private” ownership knots which may be far more difficult to unravel than anything the West has had to deal with, may prove to be just as much a US problem as a Chinese one.

In the same fashion that if Italy sneezes, Germany is going to catch the economic cold, China could well become Patient zero in a global contagion.

Globalist institutions and central banks permeate almost every corner of the world. Nations like Russia and China are just as heavily tied to the IMF and the Bank for International Settlements and international financial centers like Goldman Sachs as any western government.

Globalism is always presented in the mainstream media as a natural extension of civilization’s higher achievement. Even though it was the dangerous interdependency of globalism that helped fuel the economic crisis of 2008 and continues to escalate that crisis to this day, more globalism is continually promoted as the solution to the problem.

It is spoken of with reverence in mainstream economic publications and political discussions. It receives almost religious praise in the halls of academia. Globalism is socioeconomic ambrosia — the food of deities. It is the fountain of youth. It is a new Eden.

The corporate model is completely counter to Adam Smith’s original premise of free market trade. Large corporations receive unfair legal protection under limited liability as well as outright legislative protection from civil consequences (Monsanto is a perfect example of this).

They also receive immense taxpayer-funded welfare through bailouts and other sources when they fail to manage their business responsibly.  All this while small businesses and entrepreneurs are impeded at every turn by taxation and legal obstacles.

In terms of international trade being “free trade,” this is not really the case either. Only massive corporations supported by governments are able to exploit the advantages of international manufacturing and labor sources in a way that ensures long term success. Meanwhile economic models that promote true decentralization and localism become impractical because real competition is never allowed.

ORIGINAL SOURCE: How The Globalism Con Game Leads To A 'New World Order' by Brandon Smith at Alt-Market on 4/20/18