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
    US confirms strike against boat off SVG
    Front Page
    US confirms strike against boat off SVG
    Webmaster 
    February 17, 2026
    FISHERMEN and other users of the sea in St Lucia and St.Vincent and the Grenadines (SVG), are said to be on edge following a lethal US military strike...
    Opposition Leader questions silence of Caribbean leaders in face of on-going military strikes
    Front Page
    Opposition Leader questions silence of Caribbean leaders in face of on-going military strikes
    Webmaster 
    February 17, 2026
    OPPOSITION LEADER, Dr. Ralph Gonsalves, has taken the Dr. Godwin Friday-led government to task over its silence on the destruction of an apparent fish...
    Opposition response to Budget weak and confused – PM Friday
    Front Page
    Opposition response to Budget weak and confused – PM Friday
    Webmaster 
    February 17, 2026
    PRIME MINISTER Dr. Godwin Friday said the opposition responded to the New Democratic Party’s (NDP) fiscal package saying that it is going to make peop...
    Police Probe Valentine’s Day Brawl in Kingstown
    Front Page
    Police Probe Valentine’s Day Brawl in Kingstown
    Webmaster 
    February 17, 2026
    WHAT EXACTLY CAUSED a brawl that seemingly began in the Kentucky Fried Chicken (KFC) outlet on Bay Street and spilled onto the streets of Kingstown is...
    Major’s sights set firmly on eradicating gang culture in SVG
    Front Page
    Major’s sights set firmly on eradicating gang culture in SVG
    Webmaster 
    February 17, 2026
    DEPUTY PRIME MINISTER and Minister of National Security, Major St Clair Leacock, is firm in his resolve to rid St Vincent and the Grenadines of gang c...
    PM Friday used ChatGPT to write his budget speech – Gonsalves
    News
    PM Friday used ChatGPT to write his budget speech – Gonsalves
    Webmaster 
    February 17, 2026
    OPPOSITION LEADER Dr. Ralph Gonsalves, said Prime Minister Dr. Godwin Friday has used ChatGPT to help write his 2026 Budget speech. ChatGPT is describ...
    News
    PM Friday used ChatGPT to write his budget speech – Gonsalves
    News
    PM Friday used ChatGPT to write his budget speech – Gonsalves
    Webmaster 
    February 17, 2026
    OPPOSITION LEADER Dr. Ralph Gonsalves, said Prime Minister Dr. Godwin Friday has used ChatGPT to help write his 2026 Budget speech. ChatGPT is describ...
    A Budget without Growth Drivers, says ULP Senator
    News
    A Budget without Growth Drivers, says ULP Senator
    Webmaster 
    February 17, 2026
    OPPOSITION SENATOR Carlos James, has issued a stark warning regarding the new government’s fiscal roadmap, characterising the 2026 Budget as a dizzyin...
    Redemptions Sharpes labourer charged with wounding
    From the Courts, News
    Redemptions Sharpes labourer charged with wounding
    Webmaster 
    February 17, 2026
    A 56-YEAR-OLD labourer of Redemption Sharpes who is charged with the offense of wounding, was granted bail when he appeared in court on Friday, Februa...
    New Administration plans to spread out cancer screening
    News
    New Administration plans to spread out cancer screening
    Webmaster 
    February 17, 2026
    THE GOVERNMENT HAS promised to implement screening and support this year for breast cancer, cervical cancer, as well as prostate and colon cancers. Th...
    National Heroes and Heritage Month, 2026 Programme of activities unveiled
    News
    National Heroes and Heritage Month, 2026 Programme of activities unveiled
    Webmaster 
    February 13, 2026
    THE 2026 PROGRAMME of activities to celebrate National Heroes and Heritage Month was unveiled at a media launch on Tuesday, February 10, 2026 at the U...

    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