Barack Obama has at last stated unequivocally where he stands regarding United States sovereignty in the world today, coming out plainly and fully in favor of Globalization.
“The integration of national economies into a global economy, that’s here. That’s done,” he said after meeting with Canadian Prime Minister Justin Trudeau and Mexican President Enrique Pena Neito at the North America Leaders’ Summit in Canada.
He accused the United Kingdom of trying to escape global responsibility by voting to leave the European Union.
“Their argument was not against trade generally. They just didn’t want any obligations to go with the access to the free market,” he said.
The only problem with that speech is that he’s wrong on all counts. There’s always been trade between nations, that’s not a “Global Economy”. A Global Economy is when there’s only one form of currency and one set of rules for everyone. This is what the EU tried for and failed at, because they wanted more than that, the elite among them wanted to dominate all the other nations and still do. Which is why it fails. People don’t like being dominated.
The British never opted for “Global Responsibility”, they joined the EU on a limited basis, turning down usage of the common Euro currency in favor of keeping their own, the Pound Sterling, and the EU is a long ways from being a “Global” economy. If Obama doubts that he should discuss this with the Russians and Chinese.
The “Free Market” has never been free, in the sense of no taxes, levies or duties, between nations. A pound of grapes might sell for 1 Euro in Italy but by the time it gets transported to England, those costs are added and probably a Value Added Tax as well, so it ends up at 2 Euros. A grape farmer in England might be faced with a massive import of Italian grapes, pushing the market price of his own grapes down to less than it cost to grow them and putting him out of business. Free markets are not free, and import duties serve a very valuable purpose in protecting local producers. When you eliminate duties, you don’t “Free” the market, you destroy it.
More than that, you destroy prosperity, you enable a wealthy few to manipulate prices, control who produces and who fails to survive, and the “Free Market” becomes a slave to the manipulators.
There must be national sovereignty if everyone is to prosper, if there’s to be balance and equality in the marketplace. We’re far from being evolved enough as a species to all live under one form of government. We’re more like a wolf pack where the weak get eaten. This effort to Globalize us must either die out or lead to global war, because everyone will want to be the Emperor.