Richest 2% hold half of world's assets

[The once and future king]

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I'm sorry, I'm still not see the connection. I don't see how where the money I spend on random stuff I own goes to is relavant to whether or not working class people in the U.S. have the opportunity to start their own business? What am I missing?

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I'm pretty sure he's saying that your purchasing of goods made overseas furthers unfair trade agreements which serve to drive down wages in the US. Obviously by driving down wages you are taking away possibilities--such as saving up to open their business--from the working class.

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I am saying that talking about class/exploitation delineated by geography is totaly false in the modern economy given the ease of trans national capital flows.

I am undecided on the issue. I think it is good that Caps invest in manufacturing in poorer countries but I would like to see more of their profits transfered back into the local market via higher wages so that workers were then able to take there wages/savings and invest into serving the local market. As is stands Caps are carefull to pay enough to "trap" the labour into having to work in sweat shops etc on a subsistence wage. In my view this is short termism.

By releasing a bit more of the wealth created by adding value in poor as feck land and then selling the product of that labour in rich as feck land back to the labour providers, caps could develop new consumers and markets much faster.

Remember that $10 invested in PAF land will probably have a much higher ROI than $10 invested in RAF land.