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Corporations Hunt For New Slave Labour

Articles & Blogs - International Commentary

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In 2014; we now see the next chapter in the economic nightmare known as “globalization” unfolding before us. Regular readers will be familiar with the first chapter of globalization.

Western governments were told (by their Corporate masters) to erase all of their borders, but only for the benefit of the large corporations which are the “fronts” for Western Oligarchs. This allowed the Oligarchs to shut-down most of their high-wage factories in the Western world, and shift their operations to wherever they could find the cheapest slave-labour – and the most-compliant governments.

Indeed, in 2014 these Oligarchs are now so smug and confident of the success of their agenda that they have the audacity to divulge it publicly:

Obama Seeks Trade Deals Sought by Biggest U.S. Companies

That Bloomberg headline tells us two things. First it confirms the summary of their agenda, laid out in the preceding paragraph. Secondly, it makes it unequivocally clear who is the Puppet, and who is the Puppet-Master.

As we all know; the original destination-of-choice for these 21st century Slave Masters was China, and to a lesser extent, India. Here readers need to understand that there was a dual motive at work, not merely a quest for massive/easy corporate profits. The second, equally-important facet of this scheme was the global destruction of wages – beginning in the Western world.

This wasn’t simply desired by the Oligarchs (and the Oligarch-cabal known as “the One Bank”), it was necessary. The destruction of wages brought on by globalization (and the Greater Depression it triggered in the West) produced powerful deflationary pressures, to counter the hyperinflationary upward pressure produced from their insane/extreme money-printing.

Thus we see the dichotomy in the world economy of generally soaring prices for raw materials/commodities (reflecting the hyperinflationary money-printing) and flat or even falling prices for finished goods, produced by the slave-labour. The Liars in our governments then “calculate inflation” by deleting the soaring prices of commodities (notably food items) from their “basket of goods”, and only including the moderate prices of manufactured products. They then have the audacity to tell their (unemployed) Western victims, via the Corporate media, that “inflation is too low.”

Clearly inflation is not “too low” for the ¾ of a billion people in the Western world who have seen their standard of living collapse by more than 50%, thanks to the Oligarchs’ “globalization”. How far back can we date this scheme to destroy-wages-to-hide-inflation? Fortunately, the foot soldiers of the Oligarchs (who are generally not very bright) have a bad habit of blurting out their secrets.

In the gold market, we have the example of Jeffrey Christian. At the worst possible time/place (the middle of a CFTC hearing); Christian blurted out that the Bullion Banks’ paper-called-gold market was one hundred times larger than the actual market for (real) gold.

In other words; for every one ounce of gold which trades in global markets, the bankers have (fraudulently) created “100 ounces” of paper masquerading as gold. This operates as a massive price-suppression mechanism, in two ways. First, this ocean of paper dilutes actual gold investment by a factor of one hundred. Second,  by trading/holding vast quantities of this fantasy-paper between themselves; it allows the bankers to dictate (i.e. manipulate) prices. A very inconvenient Truth.

 

In the 1980’s, during the infamous years of the Mulroney era in Canada; it was former Bank of Canada Governor Gerald Bouey who divulged the Oligarchs’ secret agenda. “We are fighting inflation with high unemployment,” Bouey proclaimed.

Fighting inflation with high unemployment. Destroying the peoples’ wages (and their jobs), in order to counter the effects of the massive, excessive, fraudulent money-printing by the One Bank – via its central bank lackeys. It is, if anything, understatement to refer to this as “a crime against humanity.”

But even success has its “price”. In the case of the Oligarchs and globalization; even the slave-wages they were paying in China and India were sufficient to bring a tiny degree of prosperity to those previously, permanently depressed populations (and massive pools of labour). With any degree of prosperity comes, inevitably, higher wages.

This is intolerable in the Oligarchs’ globalization crime-against-humanity. It requires rock-bottom wages to delay their hyperinflationary explosion, made inevitable by the insane money-printing shown below:

Thus the Oligarchs have already commenced their quest for new slaves (and new Slave Governments). Always the first to trumpet the triumphs of the Oligarchs; it was Bloomberg which (once again) heralded the news. In “predicting” the downfall of China’s economy (yet again); Bloomberg tells us that the factory-owners are already in the process of moving their operations, yet again.

The changes have led global manufacturers to begin shifting production to countries such as Bangladesh and Vietnam, which surpassed China in 2010 as the largest supplier of Nike Inc. footwear…

There we have it, by 2010, the Oligarchs were already well on the way to exploiting a second generation of slave labour. But even in these Second Generation nations, wages will soon begin to rise there too (as a hint of prosperity comes to those nations) necessitating the location-and-targeting of yet more slaves.

In other words; the Oligarchs’ paradigm of slaves and slave-masters is ultimately a very simple one. It is a merry-go-round of manufacturing, with the Oligarchs “shifting production” (i.e. deserting one economy) as soon as they have obtained access to new slaves – whom they can pay significantly lower wages than their current slaves.

The key with globalization is that none of these economies is ever able to enjoy true "prosperity": the Middle Class standard of living which Western residents previously took for granted. The moment the Slaves become “uppity” (i.e. wanting to be paid more than slave-wages), the Oligarchs simply move on to the proverbial greener pastures (cheaper Slaves).

The beauty of the Oligarchs’ paradigm is that it is self-perpetuating (or would be – if the greedy Banksters weren’t about to blow-up the global economy with their rapacious money-printing). Each time the Oligarchs desert one economy, it naturally brings on Depression. And after a few generations (of steadily worsening poverty); the economies of these former “manufacturing centers” devolve to such a level that they become the new source for slave-labour.

This is the (only) future for the residents (and former citizens) of Western nations, as long as the Oligarchs continue to dictate all economic policy in the global economy. This is the (only) future for Western residents as long as they continue to re-elect the same corrupt, servile governments which facilitated (and continue to facilitate) this paradigm of economic rape-and-exploitation.

Naturally, in order to exploit these new pools of slave-labour; it’s necessary to erase more borders (for the benefit of the Corporate Overlords). Thus we see the necessity of the “new trade deals” which the Oligarchs want/need, and which their humble servant, Barack Obama is happy to provide (as was his predecessor, George Bush Jr.).

However, lest Canadians develop any “inferiority complex” here; Bloomberg assured Canadians today (via another headline) that their leader/servant, Stephen Harper is also hard at work completing “new trade deals”, so that the Oligarchs' (new) slave-production can also be sold in Canada.

Harper Piecing Together Canada Trade Markets Beyond U.S.

Call them “puppet governments”. Call them “traitor governments”. Here in North America, it doesn’t really matter. Either way; it spells permanently rising unemployment, permanently falling wages, and a permanent Depression…until it (eventually) becomes our turn to be the new Slaves.

 

[Readers are encouraged to join me for The Daily Grind, my daily dialogue on precious metals markets, and the events which drive those markets]

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Comments (6)Add Comment
Jeff Nielson
...
written by Jeff Nielson, March 20, 2014
Maybe Canada was more altruistic than the USA, but here tariffs served two purposes -- to gain income for the national government and protect our industries from foreign competition. The idea was simply to raise the prices of foreign goods to match or exceed the prices charged by home-grown goods, thereby encouraging the consumption of USA-produced output. Tariffs weren't designed with punishing "slave-labor" countries in mind.


MrP, here I'll say we're simply descending into semantics. Whether a government states that the purpose of a tariff is to "protect domestic industry(ies)" or to "punish predatory industry(ies) of other nations" is really just two sides of the same coin.

But yes, one of the positive aspects to a regime of tariffs is that they generate REVENUES for government. Of course the One Bank HATES revenues. It wants governments to borrow, or simply print (out of thin air) all that they spend -- because that optimizes all of the One Bank's other mega-crimes (like Debt Slavery). smilies/wink.gif
MrPaladin
...
written by MrPaladin, March 19, 2014
Jeff,

Maybe Canada was more altruistic than the USA, but here tariffs served two purposes -- to gain income for the national government and protect our industries from foreign competition. The idea was simply to raise the prices of foreign goods to match or exceed the prices charged by home-grown goods, thereby encouraging the consumption of USA-produced output. Tariffs weren't designed with punishing "slave-labor" countries in mind.
Jeff Nielson
...
written by Jeff Nielson, March 19, 2014
As I see it, once China (with its essentially unlimited, low-cost labor force) entered the modern world and became semi-capitalist, the die was cast. Even in a non-crony-capitalist free market, any corporate labor cost that could move there would move there.

Unfortunately, over the past decades corporate executives have lost much of whatever sense of morality they once had. They don't much care if moving operations overseas hurts workers here; the bottom line matters more. On the other hand, I do see the need for corporations to stay competitive. If Japan, for example, produces equally good cars at 10 percent lower cost due to cheaper wage and benefit expenses, it's pretty hard for GM and Ford to compete.

However, the answer isn't government force. It isn't tariffs, minimum wage increases or labor unions. I don't know what the answer is, but if billions of Chinese and Indian workers are willing to do the same work as Americans for a lot less money, the hollowing out of America's middle class will continue.


MrP, your points here are valid -- given the abomination known as "globalization" (and sold as mythical "free trade"). But prior to our Traitor Governments simply erasing our borders (for the exclusive benefit of large corporations), we had a mechanism which allowed nations with different labour markets to engage in FAIR TRADE.

It was called "tariffs". A corporation (or nation) employing essentially "slave labour" to produce and sell goods into our society could be/would be BLOCKED from destroying our own industries/employers/jobs through tariffs.

The greater the labour-subsidy, the higher the tariff rate. But (as usual) all it took was to feed the Right-Wing ideologues a few (simplistic) lines of economic theory to sell them on the wonders of (supposed) "free trade".

Of course we don't have (and could never have) legitimate "free trade"; not unless/until all these individual national economies were HOMOGENIZED. You can only have fair/viable "free trade" between SIMILAR economies.

It was never possible to have "free trade" between high-wage, middle-class societies and under-developed economies -- with their LEGIONS of easily-accessible slaves. Anyone who understood international trade would know this.

Sadly, this excludes ALL of the government Stooges who continue to NEGOTIATE more and more of these suicidal "trade agreements"...

smilies/angry.gif

Protectionism: The Lesser of Evils
http://www.bullionbullscanada.com/intl-commentary/24237-protectionism-the-lesser-of-evils
MrPaladin
...
written by MrPaladin, March 19, 2014
Jeff,

As I see it, once China (with its essentially unlimited, low-cost labor force) entered the modern world and became semi-capitalist, the die was cast. Even in a non-crony-capitalist free market, any corporate labor cost that could move there would move there.

Unfortunately, over the past decades corporate executives have lost much of whatever sense of morality they once had. They don't much care if moving operations overseas hurts workers here; the bottom line matters more. On the other hand, I do see the need for corporations to stay competitive. If Japan, for example, produces equally good cars at 10 percent lower cost due to cheaper wage and benefit expenses, it's pretty hard for GM and Ford to compete.

However, the answer isn't government force. It isn't tariffs, minimum wage increases or labor unions. I don't know what the answer is, but if billions of Chinese and Indian workers are willing to do the same work as Americans for a lot less money, the hollowing out of America's middle class will continue.
Jeff Nielson
...
written by Jeff Nielson, March 13, 2014
I believe illegals were essentially invited into the U.S. to work in low paying jobs and begin the process of acclimating U.S. workers to the fact they were now in competition with third world employees/slaves. I remember all the hysteria over "illegal immigrants" and noted, IF the 'government' had any desire to stop this process the congress had only to make a simple law stating the CEO of any business found to be hiring illegals would serve a mandatory sentence of one year in federal prison...



Yes Owatica, but it was/is even worse than that. Mexican (slave) labour wasn't merely "invited" into the U.S.; they were driven into the U.S.

Understand how the Globalization game is played by these Fascists. THEY make the rules, and one of their rules is that agricultural producers don't have to follow the rules. Big (Western) agriculture producers are subsidized-to-the-max -- KNOWING that poorer governments can't match those enormous subsidies.

Then they DUMP their subsidized agricultural products into these markets, BANKRUPTING the small farmers of those nations (like Mexico) -- and driving them off of their own land.

If you were a Mexican farmer BANKRUPTED by (massive quantities of) U.S. agricultural products; where is the logical place for you to migrate -- just to try to surivive...???

smilies/angry.gifsmilies/angry.gif
owatica
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written by owatica, March 12, 2014
Another insightful article Jeff... I believe illegals were essentially invited into the U.S. to work in low paying jobs and begin the process of acclimating U.S. workers to the fact they were now in competition with third world employees/slaves. I remember all the hysteria over "illegal immigrants" and noted, IF the 'government' had any desire to stop this process the congress had only to make a simple law stating the CEO of any business found to be hiring illegals would serve a mandatory sentence of one year in federal prison. This would cause millions of illegals to line up at the border trying to get home because no one here would hire them. Speaking of prisons... a terrific new source of slave labor is being purposefully created there; especially the new and horrific dungeons of the private prison system; one of them recently referred to as "Gladiator School". I do ponder however, about who will be buying what the slaves are creating; diminishing returns, yeah? On the other hand, as supplies of food and water are being purposefully poisoned with toxic chlorine and fluoride, water tables destroyed by fracking, the medical industry turned into a genocide machine and depleted uranium/mercury seeding the earth.... there will ultimately be neither slave nor buyer... nor oligarch. All gone. Unless, of course, the sheeple figure it out. I ain't holdin' my breath brother...

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