Corporate Social Responsibility and poverty reduction

By: Juan Reynoso, WTP Activist - www.represent.us

Americas must realize that self-scrutiny is not treason. Self-examination is not disloyalty.

Seek the truth and let the people know. Truth and knowledge diffused among the people are necessary for the reclamation and preservation of our Democracy, rights, freedom and liberties.

Corporate Social Responsibility and poverty reduction:

Fellow Americans, during the last 30 years, the promoters of free trade and globalization, hit on the people who dependent on good paying jobs in manufacturing for their economic survival, the free trade and globalization activities actually open up the gates of hell for the American manufacturing workers and demise their jobs and economic future.

Now look at what is happening in the last three decades in our country. The IMF, the World Bank and Corporate America come together to promote free trade and the manufacturing of goods for the US, the EU and the UK market by transferring their manufacturing facilities and technology to developing countries. Global trade and finance fueled a global expansion that enabled many developing countries to repay any money they had borrowed from the IMF. These countries also used surpluses in trade to accumulate foreign exchange reserves. For most of the first decade of the twenty-first century as free trade wipes out jobs in manufacturing in our country, the displaced workers seek jobs somewhere in the service sector, exerting downward pressure on the wages of maintenance and custodial workers, taxi drivers, fast food cooks, and others who hold similar positions. Even if the displaced workers can be absorbed easily, their new service jobs will usually pay less than their old jobs, pulling down average low-skill wages and cut their disposable income creating a downside in the U.S. economic.

Bill Clinton’s strategy to fix the economic. -The American dreams was the Clinton solution to fix the downside of the US economic created by free trade. The Clinton’s strategy, give birth to the financial fraud and the real state bubble that demise our economic in 2008. The global economic crisis that began with the 2007 collapse of mortgage lending in the United States and spread around the world in 2008 was preceded by large imbalances in global capital flows. Global capital flows fluctuated between 2 and 6 percent of world GDP between 1980 and 1995, but since then they have risen to 15 percent of GDP. The most rapid increase has been experienced by advanced economies, but emerging markets and developing countries have also become more financially integrated at the expenses of the U.S. the biggest market for foreign made goods since America demised their manufacturing infrastructure.

With free trade, outsourcing jobs and globalization, the American worker is living in absolute poverty and has been exposed to a competition with countries that pay slave wages, free trade destroy the working class economic future and has become a war for survival of the fittest. Considering this, how the American worker is going to negotiate the change in this survival equation brought in by corporate greed and the IMF the outside force, without even taking the people’s consent.

The issue of free trade should include corporate social responsibility. Corporation’s major objectives have been to maximize profits for the benefit of their shareholders, but they should worry about serving the interest of society at large. The answer is simple and yet somewhat circular in nature. A business cannot succeed in a society that is being demise by their greed. To deal with this poverty issue; U.S. corporations should design their business to be inclusive in nature. That means U.S Corporations should pay the people good wages and corporations should become major tax payers and a part of our society design to fulfill their social responsibility. The community loss of income and the corporate rights to sale their foreign made goods in the USA, can be addressed by sharing their income for which corporations gained by demising American’s workers jobs, corporations must appreciate that the consumers are resources that belong to communities.

U.S. poverty alleviation is one of the most important challenges in the coming decades for our country. Private investments are a dynamic and indispensable factor in this connection but our government must create the investments necessary to get our communities engage in the creation of local jobs and small manufacturing for the local market, and in addition, adequate policies and good government are indispensable requirements for the millennium goal to restore our loss standard of living in America.

These suggestions are given for a more active corporate cooperation with the intention to enhance the positive impact on poverty alleviation by combining corporations and government initiatives to get our country on the path of economic prosperity. Let me conclude, that there is a business and our government moral responsibility, to address poverty in America. If corporate America and our government choose not to do anything, they will be contributing to the perpetuation of one of the biggest human rights and poverty problems in America that will result in a revolution; economic oppression will create a revolution against the government whores and the oligarchs.

Please spread the word. To share this please clicks here Share

The Second Revolution Won’t be Fought By the Rich – but Against Them

http://www.forwardprogressives.com/if-a-second-revolution-does-come-it-wont-be-fought-by-the-rich-but-against-them/

Clinton’s Legacy: The Financial and Housing Meltdown

https://reason.com/archives/2012/10/14/clintons-legacy-the-financial-and-housin

Bush drive for home ownership fueled housing bubble

http://www.nytimes.com/2008/12/21/business/worldbusiness/21iht-admin.4.18853088.html?_r=0

Free Trade the killer of American's jobs

http://teapartyorg.ning.com/profiles/blogs/free-trade-the-killer-of-american-s-jobs

Globalization, Free Trade And The Demise Of America’s Middle Class

http://www.mintpressnews.com/

The high price of ‘free’ trade