What to make of Globalisation? One moment it is the arch-villain with rapacious, immoral capitalism laying waste to societies and Occupy the favoured anarchist warriors of choice at the BBC, then suddenly not so much, Bankers are in, Big Business is beloved and the unemployed mere whingers, shirkers perhaps, who just don’t get it. ‘Populist’ scum.
Of course Big Business and the Bankers all supported Remain so no surprise the BBC put aside its decades of anti-Capitalist rhetoric and banged the drum for them…the once evil money launderers of the City now the golden boys.
Those who argued against the millions of cheap workers being ‘on-shored’ to the UK were now on the wrong side of history and the political, moral debate. Trump, many of whose policies seem more in line with the Left than the Right economically, as he seeks to defend US jobs and businesses, is the enemy. Globalisation is now good. Greed is now good.
The BBC’s defence of the EU is in a major part predicated upon the ‘fact’ that the EU will impose swinging tariffs upon the UK…and the BBC seems to have no problem with that…the EU, and the world, will come out of that unscathed.
Different though for Trump who they denounce as protectionist for wanting to impose tariffs…these, the BBC assures us, will start a trade war and destroy global stability.
And then we have a curious BBC ‘defence’ of globalisation…it’s good for us, but we’ll all lose our jobs…we’ve just got to learn to lie back and take it and learn to love it….
Will globalisation take away your job?
Millions around the globe may have taken to the streets in recent years to protest against the impact of globalisation on their jobs and communities – but this backlash is only likely to grow as globalisation itself becomes more disruptive.
The stark warning comes from Richard Baldwin, president of the Centre for Economic Policy Research think-tank, who has been studying global trade for the past 30 years.
The trick is to accept “21st Century reality”, he says, and the fact that many jobs simply aren’t going to come back.
“In essence there was a set of complementary policies that reassured workers that they would have a good chance of taking advantage of globalisation.”
The challenges all this is throwing up for governments are many, but Prof Baldwin says it should be possible to develop policies that embrace globalisation – and give workers displaced by it the support they need.
Liked this…’Millions around the globe may have taken to the streets in recent years to protest against the impact of globalisation on their jobs and communities’….as said once they were the beloved ‘right-on’ lefties, now, as they vote for Brexit or Trump, they are Far-Right scum who are taking us back to the 1930’s.