Global Challenges

Introduction to Chapters

Phase 2 of 6

E-Democracy Portal: Global Challenges 01/10/2023 - 15/12/2023

Process phases

Show original text Notice: Content might be automatically translated and not be 100% accurate.

Back to Global Challenges

Back to list

Economy - Internal and External Market Policies

Introduction

Without the influences of a globalized economy, without the communication and the kilometers that transport goods travel millions of times every day, this would be no more than wishful thinking for the people in the EU. The goods which are available in the EU are only with us through the import route from all over the world.

Fair trade and fair incomes should become a matter of course. Furthermore, more emphasis should be placed on quality than on quantity. Poorly processed products from cheap productions must be replaced by high quality goods.

In addition, more emphasis must be placed on sustainability. Aggressive advertisements are designed to manipulate us into buying things we do not need or want. They often use fear, uncertainty, and doubt to make us feel like we are missing out if we do not buy the product or service they are advertising, which leads to unnecessary overconsumption.

Monopolies are getting bigger and prices are getting cheaper. Countries like China are monopolizing the global market, buying into developing countries, exploiting their land and soil to the point of displacement, and leaving the land without profit. Furthermore, action must be taken against the exploitation of developing countries.

Countries, such as The People's Republic of China, are making aggressive pushes to monopolize national resources of developing countries in an exploitative manner, while the EU does not leverage its economy enough to combat this influence and loses access to valuable resources.

When the world is coming apart at the seams and trade chains are stagnating, prices are rising and headlines about inhumane working conditions are becoming commonplace, it is time to turn empty promises into deeds.

Demands

• implement fairer trade standards and make fairly traded goods attractive for the general public
• curb inflation in order to end the economic recession
• protect the European market from being flooded with low quality foreign products, make the European industry more competitive and avoid unsustainable consumerism
• make the EU-economy less dependent on non-renewable energy sources in order order to tackle climate change, create a sustainable society and to make the EU less susceptible to foreign crises
• combat the outsourcing of manufacturing jobs, especially to non-democratic countries, to make the EU economically independent of countries with questionable human rights records
• implement stricter antitrust laws to avoid monopolization and reduce the disproportionate political influence of multinational companies
• combat excessive overconsumption which is exacerbated by aggressive advertisement
• support small, regionally operating businesses
• implement penalties for companies on par with the severity of their infringements, especially when making money by illegal means
• stop exploitation of developing countries and combat their exploitation by countries like China in order to not lose access to valuable resources
• stop heavily subsidizing the meat and dairy industries and start promoting plant-based diets and sustainable farming practices

Reference: myrevolution-PARA-2023-09-36

Version number 3 (of 3) see other versions

Check fingerprint