DIRECTED GLOBALIZATION 

Above is a graph from the U.S. Bureau of Labor Statistics showing that from 1960 to the year 2000 worker productivity more than doubled increasing 120% while wages increased only 18%.   

 In 1960 computers were rare and very expensive. Most of the radios and TVs were still vacuum tube versions.  Letters were made with mechanical typewriters and corrections were done with whiteout.  Engineering drawings were done on a drafting table with pencil and vellum paper.  Copies were done with carbon paper and  mimeograph.  Of course productivity has dramatically increased since the 60s but wages have not.  Why!   

 This is the result of decades of a slow process of  both overt and covert Directed Globalization.  If you are member of an international organization that has established a “service” that creates money out of nothing, makes loans, and charges interest on those loans, you would want to establish that banking racket world wide.   

 However, with poor undeveloped countries, like China used to be not that long ago, there is no profit potential.  But if money can be pilfered or otherwise diverted from rich countries and used to industrialize poor countries, then the profit potential is huge.   

 Before the Federal Reserve act and the 16th amendment in 1913, federal corporate taxes were zero and tariffs averaged about 20% giving domestic production a considerable advantage over foreign production of goods sold in the US.  By 1975 corporate taxes had gone up dramatically to above 50% and tariffs have gone down to less than 5%.  This punished domestic production and gave a huge advantage to foreign production.  Now, even with domestic corporate tax rates reduced to 20%, foreign production still has the advantage. 

 Why did such a dramatic change not cause instant economic disaster?  Why did the economy do so well through the 1970s and 1980s?  There is an economic principle called momentum.  When an economy gets moving so fast, it takes time to slow it down.   

 In addition foreign countries, especially China, have benefited from covert Directed Globalization in another way, foreign aid.  The US and other countries have given billions of dollars to China.  Japan gave 32 billion dollars to China from 1984 to 2016.  Why would Japan do that?  Japan and China have had mutual animosity since World War 2.   

 Also, from 2001 to 2003 the US gave over 5 billion dollars to China.  Why would our government do that?  That did lead to a Congressional hearing titled "Feeding the Dragon."  But evidently we have the best government that money can buy, they can't be that dumb.  There has to be some clandestine activity behind these aid programs. 

 Here is more evidence from the Statistical Abstracts of the United States income tax data. I plotted the income distribution for years 1960 and 2000. In 1960 we see a bell curve showing a natural distribution.  It shows a majority in the middle class with fewer and fewer as incomes increase and fewer and fewer as incomes decrease. But in the year 2000 we see an unnatural distribution, the middle class has completely disappeared and the peak income is the poverty level.