https://www.film-shorts.tv/wpress.cfonseca160/blog/2021/02/09/global-business/
Examination of global business; and, current institutional failures in USA with “it”.
International business: What exactly is international business – post 2021? Many of us Americans have been introduced in schools to the principles of “starting one’s own business”. It has been an “American dream” to achieve “financial independence”: in one way, by selling products and service, a goal of many worldwide today. So much so, that some adults with businesses demand investment from US tax dollars, using the premise that they are of “social disadvantage, based on race”. Or, that “injustices their ancestors faced, for which their fellow citizens ought to pay the price for”, “now entitle them to better favor than their competition”. Some persons persistently push a narrative: that they are “entitled” to have financial boosts to their race-based business; because of their politics, rather than focus quietly on putting out good product/service that people would buy in a less than tweaked economy. I have even heard someone slander people like me as: “white nationalist” “like Trump” – whose businesses should be boycotted. Is that really competing fairly? Going so far, as to depose a president who combated political scheming from underhanded politics/politicians.

Can everyone still “earn” income on a “level-playing-field” that is most importantly merit and skill based? Am I really going to buy a bad pair of shoes from a company simply because they are of the same race as I? Or, because they share my political views? That wouldn’t make any real sense to me – it doesn’t. Or, has “income” become institutionally redefined (like a propaganda) as a “privilege”; and an “entitlement” in the USA, that is assigned by gatekeepers – to those who are of a particular race? In other words, is business “investment” or “blocking”, as it were, the new form and tactic of those persons in gatekeeper position, seeking to engineer an economic landscape that is no longer based on: buyer demand, performance basis, in economic global markets. Furthermore, a landscape that is no longer based on factors such as quality, deliverable by geography (rather than race), supply, demand, and trade balance, as has been before? Sadly, the trend of subjective investment, is increasing, even in America. Arguably, more here than elsewhere. Maybe it is more pronounced now here, than elsewhere, today because of institutional failures and white collar crime. We risk being overshot today by foreign nations who have already demonstrated greater competencies, objectivity, and business maturity.

Some of us do indeed accomplish economic prosperity. But, when engaging in the larger pool of international business – there is a presumed bias among domestic nationals here in the USA, (nurtured both by neophytes and guardians alike) that international business must always be presumed as “illegal and fake”, by our institutions. They have convinced themselves that their responsibility is to push a narrative against global transacting. This is a myth, perpetuated by America’s institutions with the goal of (1) keeping the wealthy few in numbers, and (2) minimizing obligation/responsibility of our government (financial resources too) to punish fraud, while allowing legitimate businessmen and businesswomen to have a more difficult time engaging in foreign transactions easily. But, that money is not theirs! It’s ours!

I criticize those who err on the side of extreme caution, at the expense of a business person’s free enterprise.

So, what is the difference between domestic business and international business today? Is international business accessible to smaller players? Does California have business leaders, or are they unable to do business with other country-persons – pushing the veneer that they are global players? Is all of California’s wealth now concentrated in the Industries of: Hollywood, Defense, Big Tech, Government Administration, Medicine, Aerospace; and too few following the path to an “Andrew Carnegie” type?

Most agree that only some of the few, at the very top of the Californian economy, have achieved international business status. Take, as example, the huge multi-national ‘Amazon’ as a traditionally capitalist model of doing business. Taking financial investment, hiring employees, gathering product, distributing product, growing, expanding into export markets, establishing business presence overseas, ‘Amazon’ became publicly traded, etc.

But, are US markets truly open and fair for other, smaller-scale international businesses, and business leaders who engage in law-abiding global services or production? Opportunity should not be limited to huge economic powerhouses like ‘Amazon’, or ‘Alphabet’, or ‘Microsoft’. More than they, ought to be engaging in cross-border transactions without unfair scrutiny.

Traditionally, a budding business can apply for a micro-budget loan. This is known around the world as “micro-funding”. But, not all businesses today need to take out loans. Free global markets de-emphasize a need for loans. Perhaps, that is still not of interest to a bank seeking interest penalty and mortgage penalty. They’d rather not have to pay interest yields acquired by foreign transacting. But, with interest yields so low, practically at 0 percent, why would a bank be concerned?

Do US banks really permit cross border payments anymore? Or, are the global banks exporting US dollars to start ups in foreign countries, ignoring the needs of the US taxpayers?

Is every large sum transaction from a foreign country truly a SCAM, as they might say? Or, are US banks simply afraid of having to contain domestic wealth growth? Perhaps it is easier and safer for them, to simply block all transactions from foreign countries? And, then, to lie to their clients so that they don’t have to transact cross border with anyone. A lot of blame for this would rest squarely again on the government.

The USA is a “safe” place for most of us, but often in the effort to be “safe” and to provide a “safe” “ecosystem”, what winds up happening is that far too few American people are permitted to transact with foreign nationals – even on legitimate basis anymore. Money consequently gets moved by criminal means. And, the narrative: that taking out a loan is the only way to achieve prosperity, becomes an even greater myth and limitation defying human real world needs.

Meanwhile, the government “fills this space”; scooping up our hard earned money that foreigners were willing to pay us, giving a hand-out in various forms to temporarily appease the masses, taking part in elections, dividing people against one another in an even greater competition for cash, and taking corporate favor. The people who make money without having earned it, become the next generation of cheats, scammers, liars, pretenders, diverters of funds. Consequently, VERY few people in our country (like those who manage to build empires such as ‘Amazon’) become able to raise families by honest means. More people begin to borrow, more go into debt, and most of those don’t have much ability to recognize inflated prices anymore – willing to pay more for something than it’s actually worth.

Consequently, more scandals within our government ensue as too few citizens actually prosper, pay tax, and boost economically deprived economies through their natural processes of re-investing by buying (or donating further to charity). Charity giving becomes political speech for only the few. Fewer become good stewards. People become cheap. Unfair burdens emerge for those who are responsible with their own money. Primarily, in the interest of taking our wealth, too many in government begin to anoint themselves with exclusive rights to make the most fundamental and unfair decisions concerning citizens. All this, while they preserve their own status – making even more money on compound growth, that was often not their money to begin with. Thereby, feeding the vicious cycle of creating more poverty on “Main” street – that they then claim to be able to fix again later, if only you will vote them back.

So, what to do about it? Be industrious, be fair, don’t cheat, don’t destroy, work, seek to jail crooks. That is a start.