Neoliberal globalization, Income inequality and poverty and The Trump effect

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It’s quite interesting that our country (US) under Trump is moving away from globalism casting aspersions on international organizations such as the ICC; pulling out of trade agreements and downplaying the UN. Globalism has fueled the populist movements and the status quo has taken notice reworking the narrative and pushing the goal post further. The US has been the face of globalism or neoliberalism driving the “bureaucratic  phenomenon” and promoting the ideals of the “Washington consensus”. The US has benefitted while developing countries such as Jamaica, Honduras, Turkey are forced to “race to the bottom” and crippled the fledgling markets, creates income Inequality and poverty. But Neoliberalism has also done the same in the US as was the case in 2008 with the financial crisis where the most vulnerable and the working class were affected. Development follow stages and if neoliberalism is a step towards development, then the US and other developed countries may no longer need to engage in neoliberal globalist tactics and are now jettisoning that idea. Further the US have come under scrutiny regarding their acts in Afghanistan and there is the threat of legal proceedings via the ICC which the US has recently amped up the anti on the ICC. Moreover The US has penetrated and impacted markets under the auspices of neoliberalism. Now the US is augmenting trade restrictions when they have forced ‘others’ to remove barriers to trade. Smaller countries are forced to deal with globalism but the the US and others get to chose if and when they want to engage global and international institutions and markets that protect their interests. I have argued in my Master’s Thesis at Penn(2013) that globalism has adverse implications on all people. I agree with @DONALD TRUMP position regarding pulling out of some international bodies but is it disingenuous and hypocritical. The question is why has our country, the US, pressure developing countries to partake  in the neoliberal regime but we’re now pulling out. Countries such as Jamaica and Guyana  must question how this impacts them moving forward. Can They protect their sovereignty without fearing retaliation.‬ Contact Renaldo McKenzis via LinkedIn: http://linkedin.com/in/renaldo-mckenzie-rev-m-phil-m-a-08724944

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