Segregation then, modern mercantile colonialism now

As many reports showed the economic damage that segregation did previously, so do modern reports show the damage done by big box capitalism, which is essentially a modern form of mercantile colonialism. Fair Trade or Equal Exchange and local economic development are good starting places. Where do we go from there to allow each person to develop his or her full potential as a human being?

Inequality from 1947 to Developing mkts today
P. 142/3:
“The Economic Reason
One of the principal economic problems facing us and the rest

of the world is achieving maximum production and continued

prosperity. The loss of a huge, potential market for goods is a

direct result of the economic discrimination which is practiced

against many of our minority groups. A sort of vicious circle is

produced. Discrimination depresses the wages and income of

minority groups. As a result, their purchasing power is

curtailed and markets are reduced. Reduced markets result in

reduced production. This cuts down employment, which of

course means lower wages and still fewer job opportunities.

Rising fear, prejudice, and insecurity aggravate the very

discrimination in employment which sets the vicious circle in


Minority groups are not the sole victims of this economic

waste; its impact is inevitably felt by the entire population.”

These explanations of how segregation impacted the US

economy apply equally to how resource drain from Developing

(fka Third World) economies impacts the world economy toay.

This is the chief Economic reason that we need Fair Trade and

equal exchange laws. All the world suffers when part of the

world is denied equality, via policy or path dependent history,

as the case may be, we urgently need to cooperate and share

with the entire world our technologies and our resources

because unless we do so, we are all limited.

About ShiraHoloceneEraDest

Shira Destinie Jones Landrac is a published poet and academic author, former Washington DC Tour Guide, founder of SHIR Tours Community Cooperation Tours, and freelance writer and educator. She has organized community events such as film discussions, multi-ethnic song events, and cooperative presentations. She now lives in France, and continues to work for community cooperation and health for all. She is on LinkedIn and on LinkedIn: and Academia.Edu:
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