Entries in the 'Globalization' Category

The US Works Part-Time

Dr. Michael LaitmanIn the News (from Washington Examiner): “Behind Wal-Mart, the second-largest employer in America is Kelly Services, a temporary work provider.

“Friday’s disappointing jobs report showed that part-time jobs are at an all-time high, with 28 million Americans now working part-time. The report also showed another disturbing fact: There are now a record number of Americans with temporary jobs. Approximately 2.7 million, in fact. And the trend has been growing. …

“It’s a sad state of affairs for our country. While part-time and temp jobs reached highs last month, full-time jobs decreased by another 240,000. The recovery, or lack thereof, is being fueled by a shift from full-time to part-time work.”

My Comment: They lie—downsizing occurs everywhere, and the numbers are inflated to calm down the markets. Society is gradually transformed into a society that produces nothing; hidden unemployment is ubiquitous. People must be somehow occupied and countries are thinking about how to engage them. But this will not lead to appeasement because nature leads us to the realization of the need for a new level of development.
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The Economy Of The Present And The Future

Dr. Michael LaitmanOne hundred percent of our systems of relationships are connected to the economy. The economy is a reflection of our egoistic connections because it’s not just about finances. Even if we politely say to each other, “Hello, thanks, goodbye” or just give someone a fork, when we sit at a shared table, this is also economics because these are acts of exchange. We are not necessarily obligated to count dollars because the exchange is happening both in the energetic level and at the verbal level.

Therefore, the wisdom of Kabbalah says that the world will pass to another economy, and the present economy will simply destroy itself. And the sooner we understand where it’s heading the easier it will transition to a new economy.

A new economy is an economy of sensible consumption where we don’t consider our options but our needs and work only for them. The economy will be built upon satisfying a rational human lifestyle and nothing more. Whereas, the principle by which it works today will soon be successfully “removed” everywhere, everything will collapse.

If we don’t lead the integral education, it will be realized through crisis and bankruptcy, which already have their place now. We take upon ourselves only the educational work. We need new economists, people different from those who are found in power today.
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From the Convention In Krasnoyarsk 6/14/13, Lesson 4   

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Americans Fear Another Great Depression

In the News (from huffingtonpost.com): “Approximately 48 percent of Americans say they think that a Great Depression is either very or somewhat likely to occur within the year according to a CNN Opinion Research Poll, the highest percentage of respondents that have stated that level of certainty since CNN first started asking the question in October 2008. Respondents’ fear that they would soon become unemployed also spiked to an all-time high of 30 percent….”

“‘That’s not just economic pessimism,’ CNN polling director Keating Holling told CNN, reflecting on the polling results, ‘that’s economic fatalism.'”

The nation’s overall unemployment rate sits at 8.8 percent and the rate among white Americans is at 7.9 percent. 15.5 percent of African Americans are out of work and still looking for a job.

During the global recession (1929-1939), later called the Great Depression, the highest level of unemployment rose to 23.6% in the USA.
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