Big slide in global trade looms over G-20 meeting

Big slide in global trade looms over G-20 meeting

GENEVA – With global trade sliding, analysts say some of the world’s most powerful leaders may need to offer more than ritual support for open markets when they meet this week if they are to steady a teetering economy and avoid a damaging retreat to protectionism.

The presidents, prime ministers and chancellors of the Group of 20 nations have halfheartedly respected their pledge of four months ago to avoid turning inwards in fighting the economic crisis. Since then, world commerce has plummeted in a way unseen since the Great Depression.

As far as I am concerned, due to my distributist philosophy, a drop in global trade would be preferable if local production of goods replaced global production.

Global Capitalism, just like Socialism, is a dismal failure and must be abolished wherever possible (and I see very few cases, if any, that warrant globalization).

Funny how the things that work are best done by local people helping local people. This includes production of most goods.


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Practical Distributism
102 Just Actions that support economic justice, social peace, and world harmony.
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Distributism is an economic philosophy rooted in the social justice teachings of the Catholic Church, popularized earlier this century by writers such as G.K. Chesterton, H. Belloc, Dorothy Day and the early Catholic Workers. The purpose of this page is to suggest ideas for actions that encourage economic justice and social harmony and peace. The page is called “Practical Distributism” because its emphasis is on doing (“praxis”, as the theologians would say), rather than theory. For a more theoretical treatment of the issue, see Distributism: alternative to the brutal global market , by Mark and Louise Zwick of the Houston Catholic Worker, and the Justpeace Distributism Page .
This list contains suggestions, not mandates. It is provided to help people look at their own situation and discern practical ways that they can help build a more just future for themselves, their families, their communities, and their nation. Note that I am not saying that Distributism is identical with Roman Catholicism, although many of its leading exponents have been Catholic. A distributist community could be rooted in any religious or moral faith, but morality is certainly essential. Readers who are not Catholic can obviously adapt these suggestions to their own faith tradition. Building a just community is of necessity an ecumenical journey

I have updated my bookmarks with those sites. I have also updated the Distributism page on my blog with the sites I visit and books I have read or is reading.

Each time they have had a summit - Canada, Seattle, New York, they have had crowds and rioting in which they taser many people trying to maintain order.

This time, so many people, (many are anarchists) are angry for many reasons; it is very bad and they are almost unable to control the crowd.

It seems to me that before women went to work, the Church spoke out more.

Pope Leo XIII’s encyclical, Rerun Novarum spoke about workers and Pope Paul VI’s encyclical in 1967, Populorum Progressio spoke about economic, social, political and cultural conditions.

vatican.va/holy_father/leo_xiii/encyclicals/documents/hf_l-xiii_enc_15051891_rerum-novarum_en.html

Pope John Paul II wrote Centesimus Annus in 1991 on the 100th anniversary of Pope Leo XIII’s encyclical.

This is part of summary from Seton Home Schooling:

(b)Socialism and Liberalism are false theories of how society should be conceived and directed.

(1)Socialism is the belief that most of society’s institutions and functions should be owned and controlled by the state (government) for the “good” of society.

(2)Liberalism is the belief that most of society's institutions and functions should be      owned and controlled by individuals, families, and private associations, corporations, etc. to secure the greatest "freedom".

©Socialism is wrong because it does not recognize that society is more than the state.

(d)The state is to recognize the proper independence of individuals, families, and private associations in a rightly ordered society (the principle of subsidiarity)

(e) Liberalism is wrong because it does not recognize that there is a common good to society that requires direction by that state.

(f)The state has the right to intervene in society when the common good requires it.

       (1) For example, it has to provide the legal framework for fairness among the different individuals and groups in society.

       (2) Also, tge state has to help those who cannot help themselves and who cannot be helped by private charities(the principle of solidarity)
(g) Each man has the right to ownership, the right to share in the goods of the earth, the right to form private associations, such as unions, the right to a just wage, the right to descent working conditions,and the right to practice religion.
  1. Pope John Paul II in Centesimus Annus notes how Leo XIII’s forsaw the evils that would com from Socialism before it was actually embodied in the powerful communist states of the former Soviet Union and of contemporary China in the 20th century. Pope John Pail II notes how the “cure” of socialism became worse than the “sickness” of the Industrial " Revolution and Liberalism that socialism claimed it was correcting. Leo XIII’s warning was not heeded.

  2. Pope John Paul II notes three errors of socialism and their contrary Christian truths.

    (a.) Error: A human being is a mere means to an earthly project and community. Christian truth: Each human being is an end in himself.

    (b) Error: Each human being is only a product of his historical conditions and will cease existing with death. Truth: Each human being is a spiritual being made for eternal life with God beyond history.

(c.) Error: Development of society comes about through class struggle, that is, through violent conflict between groups, such as managers and workers. Truth: Development does involve a struggle for social justice but this struggle is not to forget that the opposition is composed of persons with rights. They do not lose rights just because they belong to an “opposing” class.

But, don’t you see? That is an anathema for the current craze of globalization.

Oh I see alright. You know I did not see one international UN organization at the food bank this morning. I saw local people helping local people.:smiley:

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