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We have to decode the language of economics. “Foreign investme…

Posted on October 18, 2014 by Shahid Bolsen

We have to decode the language of economics.

“Foreign investment”, for instance, does not mean capital flowing into a country, it means revenue flowing out of it.

“Investment” doesn’t mean support, it means ownership and control.

“Economic growth” does not mean improved standard of living or more money in circulation in the economy; it means greater profits for the wealthy, greater disparity, and less money in circulation.

Things like “job training” and “expanding the workforce” mean lowering wages and increasing competition among a larger pool of skilled labor for a finite number of jobs (This is also one of the reasons the West has emphasized “creating opportunities for women to work” in the Muslim world).

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