People love sports. Take, for instance, the unforgettable 1986 World Series. In game six, with the Mets down 3-2 in the series, The Red Sox had a 5-3 lead with two outs and no Mets runners on base in the bottom of the 10th inning. A few of the Mets players, such as Keith Hernandez, headed into the dugout to drown their sorrows in a beer. Even the men in charge of the scoreboard had given up hope, displaying, “Congratulations to the World Champion Boston Red Sox.” A few singles and a wild pitch later, the Mets had miraculously tied the game. The game was then lost by the Red Sox, as Bill Buckner, the usually sure-handed first baseman, let a routine ground ball go between his legs (Associated Internet). Thus, as one looks upon this famous instance, they see definite winners in the form of the Mets, and the Boston Red Sox are definite losers.
Economics, however, should not be as clear cut as a baseball game. The liberal approach to global economics, the dominating force in international affairs today, has been supported by this “winners and losers” theory. Consequently, globalization currently presents many issues, such as environmental problems, loss of local jobs, great economic differences between nations and social classes alike, a decay of morals, and finally, foreign dependency. These are aspects of life that no one enjoys, yet they are perpetuated by the current economic stronghold, liberal-extremism. This extreme form of capitalism is not helping the people of this world, and, in many cases, it’s actually hurting them.
To understand the roots of the liberal-extremist stronghold, one should look at the “winners and losers” way of thinking exemplified by sporting events such as the aforementioned 1986 World S...
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Korten, David C. “The Mythic Victory of Market Capitalism.” The Case Against the Global Economy: And a Turn Toward the Local. Eds. Mander and Goldsmith. Sierra, 1996. 183-191.
Lynn, Barry. “Unmade in America: The True Cost of a Global Assembly Line.” Harper’s Magazine 304.1825 (2002): 33-41.
Morris, David. “Free Trade: The Great Destroyer.” The Case Against the Global Economy: And a Turn Toward the Local. Eds. Mandel and Goldsmith. Sierra, 1996. 218-228.
Roberts, Russell. The Choice: A Fable of Free Trade and Protectionism. Upper Sadler River: Prentice Hall, 2001.
Vieth, Warren. “World Agency Warns on Trade Imbalance: Economy: The IMF Says a Chronic Deficit in the U.S. and the Surplusses Elsewhere Could Lead to a Painful Correction.” Los Angeles Times 19 Sept. 2002. Business; Part 2, Page 4.
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