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
      • 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
      • 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
    Gov’t to pay bonuses by January30
    Front Page
    Gov’t to pay bonuses by January30
    Webmaster 
    January 27, 2026
    THE DR. GODWIN FRIDAY administration will be making bonus payments to an estimated 12,000 public workers, and that money will be paid by Friday, Janua...
    Opposition Leader writes to Speaker on questions she deems inadmissible
    Front Page
    Opposition Leader writes to Speaker on questions she deems inadmissible
    Webmaster 
    January 27, 2026
    LEADER OFTHE OPPOSITION Dr. Ralph Gonsalves has written to the Speaker of the House of Assembly, Ronnia Durham-Balcombe, concerning her ruling of the ...
    Workers frustrating resumption of Covid-dismissed workers, says PM
    Front Page
    Workers frustrating resumption of Covid-dismissed workers, says PM
    Webmaster 
    January 27, 2026
    SOME GOVERNMENT workers are making it hard for people who were fired under the COVID-19 vaccine mandate to return to work, and this is unacceptable, P...
    Woman overcomes spotty school attendance, graduates university
    Front Page
    Woman overcomes spotty school attendance, graduates university
    Webmaster 
    January 27, 2026
    A YOUNG VINCENTIAN, who was unable to attend both primary and secondary school on a regular basis due to financial difficulties, has overcome the odds...
    Government to close Milton Cato Memorial Hospital
    Front Page
    Government to close Milton Cato Memorial Hospital
    Webmaster 
    January 27, 2026
    MINISTER OF HEALTH, Daniel Cummings, has lauded the health infrastructure in St Vincent and the Grenadines (SVG), and disclosed that the New Democrati...
    SVG Cadets plan virtual reunion as part of 90th anniversary activities
    Front Page
    SVG Cadets plan virtual reunion as part of 90th anniversary activities
    Webmaster 
    January 27, 2026
    THE STVINCENT ANDTHE Grenadines (SVG) Cadet Corps plans to engage with former members, and host a stakeholder reunion as part of year-long activities ...
    News
    Grimble Hall demolished, new structure being erected
    News
    Grimble Hall demolished, new structure being erected
    Webmaster 
    January 27, 2026
    All refurbishment work on Grimble Hall at Girls’ High School (GHS) Grimble has ceased and the building demolished due to structural and other concerns...
    Unemployed persons could receive a benefit from the NIS
    News
    Unemployed persons could receive a benefit from the NIS
    Webmaster 
    January 27, 2026
    UNEMPLOYED PERSONS in St Vincent and the Grenadines (SVG), may be able to receive benefits from the National Insurance Services (NIS) at some point in...
    Vincentian found hanging in Antigua
    News
    Vincentian found hanging in Antigua
    Webmaster 
    January 27, 2026
    VINCENTIAN, MICHAELIA RENEISHA WILLIAMS, a woman who was described by her neighbours as quiet and reserved, was said to be found hanging in her Jennin...
    Opposition leader prepared to don his legal gown again
    News
    Opposition leader prepared to don his legal gown again
    Webmaster 
    January 27, 2026
    OPPOSITION LEADER Dr. Ralph Gonsalves, has made known that he still has a license to practice law, and he does not have a problem going to court to de...
    Covid dismissed workers given deadline – backpay deferred pending review
    News
    Covid dismissed workers given deadline – backpay deferred pending review
    Webmaster 
    January 23, 2026
    PUBLIC SERVANTS who were dismissed for refusing to take the COVID-19 vaccine will not be allowed to return to their jobs after January 30, 2026. And, ...

    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