Maurice Allais, the Economics Nobel Prize for the Theory of so-called Free Market is against Globalization
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Links
- Maurice Allais in this article on European Constitution denounces the misuse of Economics Theory by
- Maurice Allais: his last book on Globalization and the destruction of growth and employment
- The World Bank, GATT and Free Trade by Noam Chomsky
- Confessions of an Economic Hit Man
- New World Order: the same Agenda from Bush to Clinton
Maurice Allais is the French Economics Nobel Price Laureate who received this prestigious award in 1988 for his major pioneering work on the Theory of "Free" Market. This Theory of "Free" Market known as Liberalism in Economics is the underlying theory used by the Globalization Elites to justify their "Free" Trade Laws both in European Community and US.
Maurice Allais has been denouncing in a recent article on European Constitution that the Politics and Business Elites are abusing Economics Theory and that's what they called Liberalism is just the opposite of the original meaning of this word in Economics.
Originally, Liberalism in Economics was meant to defend the rights of people against the trend of Monopoly of bigger firms and Big Government by providing the conditions of fair trade or exchange for them. Globalization is clearly aimed at favoring the Big Rich Countries against the Small Poor Countries, the Big Corporates against the Small Firms, the Rich Class against the Middle and Poor Classes. He rejected the European Constitution as anti-liberal in economics sense not in the political misguided sense.
Globalization is based on a fraudulent theory, a myth and Maurice Allais is not alone to claim this. Others do also like John Kenneth Glabraith in his last book "The Economics of Innocent Fraud" which notably denounces the Federal Reserve System as well as Milton Friedman: true economists do know what economics is really about, whereas the fake "Economics Experts" are just Economic Hit Men (see Confessions of an Economic Hit Man) who endorsed the role of Intellectual Prostitutes for the Global Empire or New World Order both in United States and Europe since the World Bank is always headed by an American and the IMF by an European (see Confessions of an Economic Hit Man).
As Chomsky puts it "The IMF comes along, run by the wealthy countries, which have certain rules for the weak. They are that if you have a high level of inflation and the currency isn't stable and various other economic indicators aren't satisfied, then you impose extreme forms of austerity: balance the budget, cut back services, control the currency, etc. That's neoliberal free market economics." His conclusion for this: "The net effect of this is what some people jokingly call a program in which the poor in the rich countries pay the rich in the poor countries. That's approximately the way it comes out."
If you don't know how to fight the ideology of Globalization because you think it's based on sound Economics Theory, now you know that the very founder of Modern Free Market Theory is saying it's a lie.
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That's Noam Chomsky who said that and I agree with you: it's not countries it's organizations. In fact it's not countries against countries, it's Elites people of all countries against middle and poor classes of all countries. It isn't a war against terrorists: Terrorist war is a pretext to make a warfare program against people and warfare as George Orwell puts it is rational since it's about maintaining the stability of the social pyramid:
http://hubpages.com/hub/Warfare
and Aaron Russo whom Rockefeller tried to recruit into his CFR Organization confirmed in this Video Interview that's it's really about controlling the base of the pyramid as Rockfeller considered us the people as the "serfs" in his own term:
Anyone interested in where Globalization has gone wrong, and why an emphasis on why local economies make more sense, should check into "The Case Against the Global Economy", a very readable collection of essays by both economists and non-economists, edited by Jerry Mander and Edward Goldsmith.
- Eric
Thanks for the link. I read "Free Trade as Religion" sure for the "rightists" but the leftists do not see that they have also a Religion:
http://hubpages.com/hub/What_is_the_substitute_for
which is as dangerous as the rightist Religion.
The problem doesn't lie in Free Trade or Humanism per se it lies in the deformation of original sense and the exploitation of symbol for another purpose that those presented on the facade.
For example the supposedly financial help to developped countries under humanism was nothing more that imperialism as finally revealed by a former NSA/CIA economics expert agent in Confessions of an Economic Hit Man:
http://hubpages.com/hub/Confessions_of_an_Economic
Both Religions are dangerous.
cgull8m 5 years ago
The IMF comes along, run by the wealthy countries, which have certain rules for the weak." It is not even wealthy countries anymore, it is wealthy group of organizations that is controlling the vast empire.