Monday, September 10, 2018

Free World Industrial Settlement: Advantages for Developing Economies

The Free World Industrial Settlement is a proposed model for a post-abundant, post-political 21st-century economy characterized by Microeconomic Liberalization and globalized markets. This article explores the potential advantages of the Free World Industrial Settlement for developing economies, particularly in addressing the "Last Mile" challenges of the global economy and improving Quality of Life (QoL) outcomes.

Contents:
  1. The "Last Mile" Challenge and Labour Rights
  2. Embeddedness of Human Heritage and De-industrialization Heritagization
  3. Transforming Labor-Intensive Agricultural Sectors
  4. 21st Century Globalization and High Heritage Value Industries
  5. Summary
  6. Related Articles
  7. External Weblinks

The "Last Mile" Challenge and Labour Rights

The "Last Mile" challenge refers to the difficulties in ensuring fair labor practices and decent working conditions in global supply chains, especially in labor-intensive industries prevalent in developing economies. The Free World Industrial Settlement, with its emphasis on Multi-Roster labor arrangements, aims to address this challenge. Multi-Roster systems allow workers to diversify their skills and participate in various economic activities, promoting higher-order craftsmanship and enhancing their bargaining power. This can lead to improved labor rights, better wages, and increased job security for workers in developing economies.

Embeddedness of Human Heritage and De-industrialization Heritagization

The Free World Industrial Settlement recognizes the importance of cultural heritage and its potential to drive economic development. The concept of Embeddedness of Human Heritage emphasizes the integration of cultural heritage into economic activities. De-industrialization heritagization, involves the 
commodification and repurposing of former industrial sites and landscapes as cultural heritage assets as well as revised priorities for Design Systems Manufacturing (DSM) for the Human Energy Framework (HEF), as a key strategy.

This approach can be particularly beneficial for developing economies with significant cultural heritage but limited industrial capacity. By leveraging their cultural heritage through heritagization, these economies can:
  • Diversify their economies: Move away from dependence on traditional labor-intensive sectors and develop new heritage-based industries such as tourism, cultural production, and creative industries.
  • Improve Quality of Life (QoL) outcomes: Create new employment opportunities, enhance skills development, and foster social inclusion.
  • Preserve cultural identity: Strengthen cultural identity and promote social cohesion in the face of globalization.

Transforming Labor-Intensive Agricultural Sectors


Developing economies often rely heavily on labor-intensive agriculture, which can be associated with low wages, poor working conditions, and environmental degradation. The Free World Industrial Settlement, through the Embeddedness of Human Heritage and de-industrialization heritagization, can help transform these sectors by:
  • Promoting sustainable agricultural practices: Encourage the adoption of environmentally friendly and socially responsible farming methods.
  • Adding value to agricultural products: Develop heritage-based products and experiences linked to local agricultural traditions and cultural landscapes.
  • Creating new income streams: Diversify income sources for farmers and rural communities through tourism and cultural activities.

21st Century Globalization and High Heritage Value Industries


The Free World Industrial Settlement proposes a shift towards high heritage value diversiform industries as a solution to the "Last Mile" challenge. By promoting heritagization and the development of heritage industries, the Free World Industrial Settlement aims to create a more equitable and sustainable model of globalization. This approach can benefit developing economies by:
  • Enhancing their competitiveness: Leverage their unique cultural heritage to gain a competitive advantage in the global market.
  • Promoting inclusive growth: Ensure that the benefits of globalization are shared more equitably among different sectors of society.
  • Achieving sustainable development: Integrate economic development with cultural preservation and environmental protection.

Summary

The Free World Industrial Settlement offers a promising framework for developing economies to overcome the "Last Mile" challenges of globalization and achieve sustainable development. By promoting labor rights, leveraging cultural heritage, and fostering the growth of high heritage value industries, the national governments 
can contribute to improved Quality of Life (QoL) outcomes and a more equitable global economy.



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