While recently listening to an academician extol the virtues of a global economy and corporate outsourcing in a televised seminar lecture sponsored by George Mason University, I was immediately impressed by the way he expediently circumnavigated the issue of an independent nation-state’s sovereignty over its own unique and sufficiently productive trading economy. The monolithic quasi-governmental paradigm he proposed for the implementation of a global free-market demand system, inter-connecting the economies of industrialized First, Second, and Third World states, was cleverly disguised as socially innocuous by an apparently superficial appeal to a common utilitarian good. I couldn’t more strenuously disagree with this application.

By using David Ricardo’s and Adam Smith’s postulations concerning the productivity resulting from a capitalist’s investment-reinvestment motivations, in seeking unlimited profits, the academic pundit, supposedly a doctor of business and economics sponsored by the University of Michigan, applied this principle to investment proliferations of multi-national corporations. His transparent apologetics rationalizing the fallacious reasoning behind a corporate agenda of outsourcing, what would be, $15.00 per hour jobs in the United States to people of Third World nations for $5.00 per hour were extremely lame. The most outrageous of his postulations was the notion that a nation’s federal government (referring to that of the United States) should legislate laws enhancing a global union of economies placing its control in the hands of private quasi-governmental entities, such as the Federal Reserve Board or the World Bank.

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