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"But in the past, US companies have been able to increase their profits through downsizing in the US, through colonizing other people's resources, and through the increase of globalization."
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"So, there is enormous instability in the global economy with a shift of winners and losers."
"But we can also take the radical view that the test of an economy has to do with the extent to which it is providing everybody with a decent means of living."
"Europeans say they are proud of their social fabric, of strong rights for workers and the weak in society."
"There is a huge shift taking place in the global awareness in the last 5 years with strong views about globalization and the power structures of major corporations."
"In a world of increasing inequality, the legitimacy of institutions that give precedence to the property rights of "the Haves" over the human rights of "the Have Nots" is inevitably called into serious question."
"If you look at the US economy over the last 15-20 years wages have been stagnating or even declining."
"Money flows into the US, and inflates US assets, and allows the US to have a monstrous trade deficit. That means we are consuming more than we are producing."
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