Job & Income Disparity That Propelled Brexit Should Be Wake-Up Call For Economic & Political Elites Everywhere

By Bernie Sanders

An Excerpt of a Column, published June 28th, 2016 in The New York Times

Surprise, surprise.

Workers in Britain, many of whom have seen a decline in their standard of living while the very rich in their country have become much richer, have turned their backs on the European Union and a globalized economy that is failing them and their children.

Vermont Senator and U.S. presidential candidate Bernie Sanders

Vermont Senator and U.S. presidential candidate Bernie Sanders

And it’s not just the British who are suffering. That increasingly globalized economy, established and maintained by the world’s economic elite, is failing people everywhere. Incredibly, the wealthiest 62 people on this planet own as much wealth as the bottom half of the world’s population — around 3.6 billion people.

The top 1 percent now owns more wealth than the whole of the bottom 99 percent. The very, very rich enjoy unimaginable luxury while billions of people endure abject poverty, unemployment, and inadequate health care, education, housing and drinking water.

Could this rejection of the current form of the global economy happen in the United States? You bet it could.

During my campaign for the Democratic presidential nomination, I’ve visited 46 states. What I saw and heard on too many occasions were painful realities that the political and media establishment fail even to recognize.

To read Bernie Sanders’ entire column in The New York Times click onhttp://www.nytimes.com/2016/06/29/opinion/campaign-stops/bernie-sanders-democrats-need-to-wake-up.html?emc=edit_th_20160629&nl=todaysheadlines&nlid=58968427&_r=0 .

NOW IT IS YOUR TURN. Niagara At Large encourages you to share your views on this post. A reminder that we only post comments by individuals who share their first and last name with them.

Visit Niagara At Large at www.niagaraatlarge.com for more news and commentary for and from the greater bi-national Niagara region.

“A politician thinks of the next election. A leader thinks of the next generation.” – Bernie Sanders

 

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2 responses to “Job & Income Disparity That Propelled Brexit Should Be Wake-Up Call For Economic & Political Elites Everywhere

  1. pat scholfield

    Bernie is so right. C’mon Hillary….adopt Bernie’s policies!!!

    Like

  2. Linda McKellar

    Globalization isn’t the paradise it’s cracked up to be. Why? Because, to organize it, someone has to run the show. The problem is, who is that someone and what is their motive? Could it be multinational conglomerates and financiers whose sole goal is accumulation of wealth? Could it be for cheaper labour? Could it be for access to raw materials? (Don’t forget Canada has the biggest reserves of fresh water, the oil of the future.) Could it be the need for power over others? Could it be to homogenize the entire world into an indistinguishable blob? Could it be to eliminate all competition and establish a world empire ruled by the few elite? Could it be dominance at any cost to the world, its environment and its people?

    Is it for the benefit of the poorest of the poor? Does it make life better for everyone? Obviously not or the current “1%” disparity would not exist. Has globalization reduced that gap or increased it? The statistics clearly show it has not helped the majority. Free trade is not fair trade and does not apply to the average person. It is always a stacked deck.

    Some claim globalization has united the world. I doubt it. I liken it to a salad. Every ingredient adds its own flavour. Put the salad in a blender and it’s a sloppy mess, the uniqueness of each ingredient is gone. I don’t want to go to Brighton or Beijing or Paris and see MacDonald’s but that is what you get. If I go to Italy, I want it to feel like Italy. If I go to the UK, I want it to feel like the UK. I don’t want Canada to be a carbon copy or satellite of the US. Every country should be able to be proud of its identity.

    Bernie is on the right track. The independence and uniqueness of each nation can and should endure by cooperation, NOT domination. Independence does not mean isolationism (the same with the UK situation). The US can learn from other countries and be better for it without losing its identity (or becoming “Commies”). Global moguls do not care a whit about anyone but themselves. The US is not immune from and is, in fact, one of the biggest players in globalization. Trump is one of those yet tries to tell voters he will make America strong. The fact is, he intends to do so, not by cooperation, but by dominance…. globalization at its worst. Does anyone think he will do something that doesn’t enrich him? Ludicrous that he has a plane with gold faucets yet voters believe he is “one of them”. Anyone who says the devaluation of the pound and UK economy will benefit him is heartless. He said the same about the housing bubble…”People like me will make lots of money” One of the people my butt! Bernie is real.

    I think, in the long run, the exit vote by the UK reflects a realization that the UK was losing both its independence and its uniqueness. It wasn’t London and the financial community that wanted to leave because they benefitted (again the 1%) but the rural, blue collar city and small town citizens who didn’t want to be swallowed up by European control leaving them helpless to control their own destinies. There is nothing wrong with rejecting the globalization that wants to dominate the world.

    Like

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