I was mulling over this article from William Holstein in the NYTimes, and began to ask myself questions about Globalization. Can the Global economy remain in a durative Recession, given current Population levels and technological levels of advance (layered and decentralized)? The sheer maintenance of economic functions will generate Demand in multiplex Sectors, with the causation of overall Profits stability. Does this mean that Corporations will eliminate Risk simply through global spread into decentralized economies? Readers must understand the Above insists on qualified Corporate leadership without mismanagement, or major failure in technological research capacities.

What effect does this hold for the decentralized economies thereby governed and controlled by these Corporations? Corporate leadership will hold to the success matrix of Globalization, and abandon decentralized economies to meet their own fate endured by internal shortage factors. Basic stabilizers will be left in abeyance, as globalized Corporations will maximize their Profits elsewhere, leaving native economies to struggle alone. The later will suffer as they find a shortage of developmental funding due to this Corporate withdrawal from local Support elements.

This sounds like so much gobblygook to most Readers without a Case in Point: Corporations will desire the lowest Production Costs and most uniform Profit/Product unit they can achieve; both of which rely heavily on the introduction of common levels of Wages and Benefits to Labor through all native economies. The Push, though, for the lowest Production Costs will insist on continual transfer of Production facilities to the lowest Wage native economies with least Labor benefits. Consistent and continual transfer to the least-Labor Cost economies will generate Recessive conditions in the affluent economies which insist on high Labor Costs; most noted, not by loss of nominal Wages, but by loss of Currency value and lowering Labor Participation rates. Does this remind One of any native economy? lgl