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Our Greatness Is Visible
08-08-2017, 05:14 PM
Post: #1
Our Greatness Is Visible
Read the full article on the blog.
DDWhat we call the economy should be called our political economy, the term often used in Europe but rarely in the States to describe the impact of government structures and corporate lobbies on income, distribution, division, and regulation of money and property. In everything from retirement savings to net worth, employment benefits to check writing, the politics of regulation (or deregulation) have finely tuned the wealth transfer. The ways and means of this transfer are multiple, varied and hidden while its blame is often singular and deflecting--China, unions, immigrats--to fit a political narrative that conceals facts.

Political economy always takes into account the divergence of facts from the narrative of politics. The political narrative not only breeds mistrust, but also makes it difficult to trust any narrative, esp. those as complicated as economic narratives that require thoughtful reflection and detail.

Political economy also emphasizes the value of labor and its income--the monthly rise or drop in wages receives little public attention compared to employment, but it should! Breaking wages down to reflect regional, age, ethnic characteristics would be helpful to spotting trends in employment and identify locales with higher wages.

Finally, political economy identifies US models of growth and development in line with rising wages and global stewardship. Three examples: Research Triangle, NC has thrived for 6 decades with diverse growth, new jobs, and rising income. South Carolina is the new home to a transportation cluster, with BMW, Volvo, Mercedes, Boeing, and Michelin, and 450 allied companies. West Virginia has the top 4 global chemical and polymer manufacturers in its chemical alliance zone, exporting a billion + annually, supporting biotech and energy.

[gallery ids="17904,17903,17905,17906,17907"]

All three models have common features: economies of scale, business clusters, and knowledge centers to support growth--but none of the three are mentioned politically! Political economy shows how narratives of success are as valuable as the numbers, when it comes to economics, esp. models for jobs and wages!

[caption id="attachment_17908" align="aligncenter" width="600"]Monsanto's research lab in Research Triangle Park, North Carolina.  The facility includes automated greenhouses that move plants daily via conveyor belt through a laboratory that analyzes each plant for growth and gives them individually measured amounts of water and nutrients.  The analysis includes a photo booth where each plant is photographed from two different lateral angles and from above in both daylight and ultraviolet wavelengths. Different strains of corn and soybean plants are tested for traits that will allow them to maximize productivity with minimal amounts of water and nutrients, among other factors.  The plants are then returned to a new location in the greenhouse to avoid any possible differences in sunlight, temperature, or shading by adjacent plants and make the results more repeatable. The most successful plant strains will then get further testing and refinement to develop commercial seed products that increase crop yields in real-world growing conditions. Here corn plants are being returned to the greenhouse after being photographed, watered, and fertilized. Monsanto's research lab in Research Triangle Park, North Carolina. The facility includes automated greenhouses that move plants daily via conveyor belt through a laboratory that analyzes each plant for growth and gives them individually measured amounts of water and nutrients. The analysis includes a photo booth where each plant is photographed from two different lateral angles and from above in both daylight and ultraviolet wavelengths. Different strains of corn and soybean plants are tested for traits that will allow them to maximize productivity with minimal amounts of water and nutrients, among other factors. The plants are then returned to a new location in the greenhouse to avoid any possible differences in sunlight, temperature, or shading by adjacent plants and make the results more repeatable. The most successful plant strains will then get further testing and refinement to develop commercial seed products that increase crop yields in real-world growing conditions.
Here corn plants are being returned to the greenhouse after being photographed, watered, and fertilized.[/caption]

 
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Our Greatness Is Visible #1 - walterrhett - 08-08-2017, 05:14 PM
RE: Our Greatness Is Visible #2 - jaxx - 08-08-2017, 07:20 PM
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08-08-2017, 07:20 PM
Post: #2
RE: Our Greatness Is Visible
Clusters of good work for some people. Interesting as to why those areas have grown. Low wages, no unions to bother with. Hidden success helps who?

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