Sunday, January 5, 2014

Tangled Problems Awaiting Universal Solution

The three phenomena of growing inequality, unemployment and immigration in the developed world – meaning Europe and America – top the list of problems whose ramifications go beyond them to the rest of the planet. While different people focus their attention on a different problem each, the fact is that a common thread runs through all the problems. This makes it so that they are better understood when viewed and analyzed together. The idea here is not to propose one solution for everything or everyone; it is to help all concerned see the same picture, thus allow them to fashion a solution that suits each jurisdiction without them working against each other.

What is ailing Europe and America at this time is something that had its origin a couple of centuries ago. It was industry's need for large pools of labor at the start of the Industrial Revolution. But then things developed differently on each continent, and given that each is made of several jurisdictions, the solutions will be many and the combination for each jurisdiction will be unique. To understand how all this began and how it developed, we must remember that the Industrial Revolution came at the heels of a feudal system that existed in Europe, and had a presence in North America through the colonial policies of the big powers of the day.

The reality of the feudal system made it imperative that what came after it be the capitalist system given the close resemblance between the two. And it was capitalism that played a major role in how things developed during the following two centuries. One of the tenets of capitalism being that when you have assets, you want to preserve them and where possible add to them, you constantly invest some of the assets; an endeavor that carries a risk because it can also happen that you may lose rather than gain.

For this reason, when you have something to sell, you talk up its value; and when you see something you like to buy, you talk down its value. This is because the gain or loss you make after all is said and done, will be the difference between the price of purchase and the price of sale. Unfortunately, the habit of talking things up or down while knowing we are in error, is still with us today. It even developed into a sharper instrument because the modern means of communication allow for the amplification of the message.

Furthermore, when you consider that the marketplace carries more than commodities, you see that talking up or talking down the value of something applies to many other things, one of them being labor. Thus, you have on the one hand the business groups – which are purchasers of labor – constantly trying to undermine the labor groups called unions. In response, the labor unions seek to protect their members by talking up the value of organized labor. And each camp uses the resources available to them to achieve their end.

One of the surest ways to raise the value of something is to make it rare. If it is a commodity, you hoard it and keep it hidden for a while; if it is your labor, you go on strike and make your demands known. On the opposite side of the coin, the surest way to cheapen something is to restrain yourself from buying it. If it is a commodity, you boycott it; if it is labor, you do not hire it or if you're employing it already, you lock it out. And this is the sort of to and fro drama that has been playing itself out in one form or another since the onset of the Industrial Revolution both in Europe and in America.

Then something big happened called globalization, and things began to change fundamentally. It is that the world opened itself to business, and the developing countries began to supply the businesses in the advanced countries with plenty of cheap labor. America which used to rely on immigration to maintain the demand of the labor unions at a moderate level could now do without immigration by relocating itself outside the country. This caused the foreign skilled labor to stay home, leaving it to the unskilled and the illiterate to seek entry into America by legal means or by illegal ones. And this development contributed to the start of a movement in America seeking to keep illegal immigrants out.

At the same time, Europe that was not in the business of receiving immigrants on a large scale began to open its doors to immigration a little wider to persuade its own businesses to stay home rather than relocate in the developing countries. And this move contributed to the start of an anti-immigration movement in Europe. It must be said, however, that the locals in America are more tolerant of the legal immigrants than their European counterparts because America is largely made of immigrants whereas the European societies are as monolithic as any “old” country and have a strong chauvinistic bent.

What that picture of the world says is that the problems of inequality, unemployment and immigration are no longer phenomena associated solely with the two advanced continents, but that they branch out to the rest of the world. And more importantly, they are connected with each other, which suggests they can only be solved together in a comprehensive way – albeit with a different combination of measures to suit each jurisdiction.

The tools employed to solve the problem of inequality have been the use of taxation, the social programs, the minimum wage, the retraining of the workers and the like. The tools to solve unemployment have been the monetary and fiscal measures, the retraining of the workers and so on. The tools to solve immigration have been reforms that range from amnesty, to the education of newcomers, to the enforcement of a kind of dress code, etcetera.

What complicates things is the fact that the governments of unitary states as well as those of federations are made of several levels of jurisdictions ranging from the municipal to the federal. Each controls one thing or another and the jurisdictions often work at cross purposes. This is not to mention that a small municipality may at some point wish to implement a rule that would contravene an international agreement, thus be forbidden to do so. And this is why it is advisable that everyone look at the same picture when fashioning a combination of solutions that suit their individual jurisdictions.

Knowing that the old and decrepit feudal system still remains at the heart of today's problems, the people who sit at the helm of the ships of state must now respond to the human call which seeks to change the old structure and replace it with one that suits the modern age.