Searchlight Logo
special_image

    • News
      • Front Page
      • News
      • Breaking News
      • Press Release
      • Features
      • Special Features
      • From the Courts
      • Sports
      • Regional / World
    • Opinions
      • Editorial
      • Our Readers’ Opinions
      • Bassy – Love Vine
      • Dr. Fraser- Point of View
      • R. Rose – Eye of the Needle
      • On Target
      • Dr Jozelle Miller
      • The World Around Us
      • Random Thoughts
    • Advice
      • Kitchen Corner
      • What’s on Fleek this week
      • Health Wise
      • Physician’s Weekly
      • Business Buzz
      • Hey Rosie!
      • Prime the pump
    • ePaper
    • Obituaries
      • In Memoriam / Acknowledgement
      • Tribute
    • Contact Us
      • Advertise With Us
      • Letters To The Editor
      • General Contact Information
      • Contact our Webmaster
    • About Us
      • Privacy Policy
      • Interactive Media Ltd
      • St. Vincent & the Grenadines
    • Subscribe
    • News
      • Front Page
      • News
      • Breaking News
      • Press Release
      • Features
      • Special Features
      • From the Courts
      • Sports
      • Regional / World
    • Opinions
      • Editorial
      • Our Readers’ Opinions
      • Bassy – Love Vine
      • Dr. Fraser- Point of View
      • R. Rose – Eye of the Needle
      • On Target
      • Dr Jozelle Miller
      • The World Around Us
      • Random Thoughts
    • Advice
      • Kitchen Corner
      • What’s on Fleek this week
      • Health Wise
      • Physician’s Weekly
      • Business Buzz
      • Hey Rosie!
      • Prime the pump
    • ePaper
    • Obituaries
      • In Memoriam / Acknowledgement
      • Tribute
    • Contact Us
      • Advertise With Us
      • Letters To The Editor
      • General Contact Information
      • Contact our Webmaster
    • About Us
      • Privacy Policy
      • Interactive Media Ltd
      • St. Vincent & the Grenadines
    • Subscribe
Round Table with Oscar
June 9, 2015

The citizen wage

It is foolish to concentrate on poverty eradication, i.e. cutting down the numbers of poor people around. What we must concentrate on is wealth creation.

That is the way to cut back on poverty; by increasing more wealth. This idea sounds reasonable and attractive, but the facts from most studies tell us that, as Richard Quest of CNN puts it,{{more}} “the number of billionaires has more than doubled in the past 10 years,” while at the same time, the numbers of persons in poverty, and the depth of poverty have also become swollen. It seems to suggest that poverty and wealth grow together; and what we see as examples and cases of poverty, as in “boat people” on killing voyages across the seas, who meet frozen faces on the other shore, have clear connections with those who extort wealth, monopolize it and reproduce it in their own enterprises. They run the poverty and wealth machines.

THE JOBS JOKE

One of the jokes that the wealth mongers play on us – and we swallow it without chewing – is what I call the ‘jobs joke’. It goes like this: ‘Jobs provide people with income and a means to maintain and develop their livelihoods and circulate money in the economy and society; so, whoever can help deliver jobs is the great deliverer in any society. It sounds so true and noble that we begin to look at investors and other job providers as God’s angels. We run behind them, lavish them with love and even feel like praying to them, especially when they come from overseas. The game they play is called ‘FDI’ – Foreign Direct Investment, and it is supposed to be the great and prominent engine of development!

It is useful to get an idea of how many of our jobs or businesses here are ‘owned’ from overseas. Employed on a farm or in an air-conditioned plant, examine how much of your month’s income goes abroad. The content of your meals and the kitchenware you use, most of it is available from overseas countries and large companies. You wear clothes and cosmetics to work, you travel to work… you use work place objects… for every $100 that your job gives you, the international economy takes its portion. Every job in SVG enriches the global economy.

FDI Scam

Those who tell us that jobs build our national economy are telling us less than half the truth. The same is true about Foreign Direct Investment. When a business person from overseas, whether an individual or company, invests in our country, they want workers who come cheap, and they want land space that is cheap and they want preferential governmental treatment. With those facilities, and we have all of these, an investor is bound to make good profits, even if s/he runs an inefficient business. Jobs and wages do not count for much of the expenses or output for a foreign investor. Already, it is clear that the outside economy is where money is spent by the investor, and that the part of the profits which go back to the investors is likely to be several times the amount that the workers get. Perhaps the workers collective or sectoral agency should be entitled to a portion of the profits. What can be seen here is that wealth from the investment remains with the wealthy, and SVG, by virtue of cheap labour, cheap space, low environmental requirements, is host to poverty. The global economy, while producing wealth, produces poverty. It does not target SVG; it is the game that is called globalization. This global wealth machine, commanding governments like ours to give it room to play, produces poverty, disintegration, boat people and criminal opportunity.

GLOBAL WAGE COUNCIL

The activity and the processes of producing wealth worldwide is a social operation. The use and abuse of the world’s labour power, as well as other resources and administratives, are used by our world’s economic actors to generate wealth as well as poverty. Every citizen is involved in this network. Every citizen should be paid. That is why Andre Gorz and others recommend a CITIZEN WAGE for every person in the world. That is part of the globalization we ought to envision and promote.

Capital investment is protected and has rights worldwide; citizen livelihood, on an equitable basis worldwide, must be protected and have legal substance also. Producing wealth must not produce poverty on and on, or things will become more absolutely unstable and unjust. Livelihoods must be guaranteed worldwide in a Global Wage Organization (WGO).

  • FacebookComments
  • ALSO IN THE NEWS
    Vincentian Kemarlie Durrant honored with MCU outstanding youth award in Taiwan
    Front Page
    Vincentian Kemarlie Durrant honored with MCU outstanding youth award in Taiwan
    Webmaster 
    May 22, 2026
    KEMARLIE DURRANT STOOD out as the only international student honoured among the 12 recipients of the 2026 Ming Chuan University Outstanding Youth Awar...
    Vincentian Nurse stands out in Barbados
    Front Page
    Vincentian Nurse stands out in Barbados
    Webmaster 
    May 22, 2026
    A VINCENTIAN ON the nursing team at the The Queen Elizabeth Hospital in Barbados, has been named Nurse of the Year as the hospital celebrates Nursing ...
    Spiritual Baptists arrive early to celebrate Liberation Day
    Front Page
    Spiritual Baptists arrive early to celebrate Liberation Day
    Webmaster 
    May 22, 2026
    ARCHBISHOP CHARLIE BLACKMAN from the Rock of Ages Evangelicals Spiritual Baptists of Barbados, along with many of the faith’s practitioners arrived in...
    Lawyer to take action on behalf  of accused  police officers
    Front Page
    Lawyer to take action on behalf of accused police officers
    Webmaster 
    May 22, 2026
    THE DECISION by the Royal St Vincent and the Grenadines Police Force (RSVGPF) to suspend without pay, officers who are accused of crimes, has attracte...
    Government looking at permanent fix for Grenadines housing and water problems
    Front Page
    Government looking at permanent fix for Grenadines housing and water problems
    Webmaster 
    May 22, 2026
    THE GOVERNMENT said that plans are underway to deal with the housing issues in the Grenadines, as well as the water problem that has been plaguing the...
    Nadia Slater’s alleged attacker remanded for a third time
    Front Page
    Nadia Slater’s alleged attacker remanded for a third time
    Webmaster 
    May 22, 2026
    THE CLARE VALLEY MAN, who is alleged to have attempted to murder Nadia Slater, the Acting Director of the Agency for Public Information (API) was rema...
    News
    Public servants were fettered under ULP, says PM Friday
    News
    Public servants were fettered under ULP, says PM Friday
    Webmaster 
    May 22, 2026
    PUBLIC SERVANTS under the Unity Labour Party (ULP) administration were not given the freedom to do their jobs property, Prime Minister (PM) Dr. Godwin...
    Former PM thanks God that NDP didn’t boycott Spiritual Baptist Bill
    News
    Former PM thanks God that NDP didn’t boycott Spiritual Baptist Bill
    Webmaster 
    May 22, 2026
    FORMER PRIME MINISTER and Leader of the Opposition, Dr. Ralph Gonsalves has reminded the general public that the New Democratic Party (NDP) now in gov...
    Agro-processors address constraints in the sector at Forum
    News
    Agro-processors address constraints in the sector at Forum
    Webmaster 
    May 22, 2026
    THE CENTRE for Enterprise Development (CED) brought together agro-processors, entrepreneurs, policymakers, financiers and other stakeholders on Tuesda...
    Calypso tents to blast off next week
    News
    Calypso tents to blast off next week
    Webmaster 
    May 22, 2026
    A NEW CALYPSO tent will be part of this year’s Vincy Mas Great Escape, when the tents begin to present their casts for the 2026 carnival season on Tue...
    Former PM accuses NDP of taking credit for ULP initiatives
    News
    Former PM accuses NDP of taking credit for ULP initiatives
    Webmaster 
    May 15, 2026
    FORMER PRIME MINISTER of St Vincent and the Grenadines, and Leader of the Opposition, Dr. Ralph Gonsalves is accusing the New Democratic Party( NDP) a...

    E-EDITION
    ePaper
    google_play
    app_store
    Subscribe Now
    • Interactive Media Ltd. • P.O. Box 152 • Kingstown • St. Vincent and the Grenadines • Phone: 784-456-1558 © Copyright Interactive Media Ltd.. All rights reserved.
    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.Ok