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Date Posted: 18:41:56 02/16/00 Wed
Author: Anonymous
Subject: There would have to another war.
In reply to: 's message, "What would happen to developed countries IF developing ones developed?" on 16:57:18 02/16/00 Wed

If we were all developed to the same extent,they wouldn't be able to afford to maintain their lavish lifestyle. Globalcapital would cease to flow, just as can be observed within an enclosed body of water in which nothin flows in or out. Sooner a stage of stagnation is reached and the water becomes unfit for consuption. In fact they would resort to war of some sort to prevent that from happening. This need not be a militray war, most likely it would be economic.

In the old days it was communism versus democracy and since there could only be one winner, democracy won out. It did so because it was under pinned by captitalism.

Now that communism is out, the next stage will be a jostling for control of global capital. In this case it will most likely be the EEC versus NAFTA. Or even the USA/IMF versus the world.

When Japan wanted to set up the Asian Monetary Fund, the IMF fought it tooth and nail becasue it would have resulted in loss of market share. This is just one example of what I mean.

Capitalism relies on resource flowing from the poor to the rich to be turned into products and resold.The resource owners only get marginal benefit.But one cannot grow rich by selling to the poor. It has to be the poor selling to the rich, who can afford it.

Break the cycle, as it would if we were all equal, then we would have a collapse in both supply and demand, which would spiral into a recession, thereby destabilising the equilibrium and causing a resumption of resource flow once more.

But I do not think that the US would wait for nature to act..it will bully smaller nations to accept globalisation because it knows that this would serve its purpose. Globalisation is the one factor that ensures that the point of equilibrium is never reached. This is why they are constantly telling the Japanese to free up their trade barriers, so that they can export to Japan and reduce their huge domestic debt created by their lavish lifestyle, funded mainly by borrowing. Australia is on this path as well. Current household debt is around 1%. In other words, their savings level have all but been exhausted and they are consuming more than they earn or produce and have resorted to borrowings to maintain their consumption patterns.

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