Post #3

Nationalism emphasizes the communal ideology of the state and is the caution and assertion aiming for its unification, independence, and development. It was taught to people around the world in positive values throughout WW I and WW II, and the rubble remains all over the world.

However, some experts, such as Zakaria, point to the dangers by arguing the shortcomings of such nationalism. Zakaria wrote in his book “The post-American world” how he thinks of nationalism. He claimed that “As a number of players increases and each one’s power and confidence grows, the prospects for agreement and common action diminish,” (34). He argues that nationalism will hinder the formation of a new community these days when globalization is on the rise.

He cited a dialogue with the Chinese, for example, while he met Chinese in Shangai. While responding with common sense, the Chinese reacted unreasonably in the dialogue about Taiwan and Japan. (35) It is argued that even in normal judgment, people with strong nationalism will not be able to make proper value judgments about their country, which will be an unstable factor of globalization.

Puerto Rico, like other islands in the Caribbean, was originally the home of Tiano natives but changed its fate when Columbus arrived on the island during the second voyage in 1493. After that he Puerto Rica spend 400 years in a Spanish colony and was controlled by the United States after American troops landed in 1898.

Spain’s Puerto Rico colonial policy was followed by the conquests and looting that Spain carried out in general. Infuriated by barbaric colonial rule, the indigenous people rioted against the early conquerors of the colony but failed to expel the colonists, sneaking into the mountainous regions to develop a persistent struggle. In 1514, Puerto Rico, unlike other colonies, gave measures to allow marriage between white and indigenous people, whose purpose was to promote the settlement of gold miners who flocked to the population, the spread of Christianity, and the discovery of gold mines at that time. As a result of this policy, ethnic conflicts in other colonies have not been raised in Puerto Rico.

Only in the late 1800s did the conflict begin as the U.S. occupied the country. Puerto Rico’s ethnic conflict is sharply divided into the pros and cons of whether to join the United States. This phenomenon is a deep-rooted battle that spreads through Puerto Rico, from politics to individual conflicts.

Puerto Rico’s mood is on the decline of nationalists, with only 1% support for independence, which was strong in the 1950s. The ruling party is claiming to have autonomy as it is today, and the opposition party is claiming to be a state in the United States.

The ruling party and their supporters insisted that its current position in Puerto Rico is closely related to the United States and that economic benefits can gain. The ruling party’s governor, Rafael Hernandez, maintains that he maintains this tradition of the Hispanic world and continues to take advantage of the economic benefits gained from the special status of the United States.

It is also argued that incorporating a state in the United States sells the country because residents have to pay income taxes and U.S. companies that don’t receive tax exemptions are reluctant to invest.

Rafel Hernandez

Puerto Rico’s economy has a high GDP per capita of $24k, and the major industries are pharmaceutical and electronics manufacturing bases, but the gap between the rich and the poor has a high GINI coefficient. How to declare Puerto Rico’s economy is ruined.

The Gini coefficient is 0.54 in 2019, about 0.05 higher than the U.S. Quite high. It is startling that Puerto Rico has a GINI coefficient. 57The the gap between the rich and the poor is enormous, although the Caribbean is not an economically poor area (except Haiti) but a narrow island.

The Puerto Rican government provides tax and other benefits to finance a small number of investors. Rather than tightening their debts, they use hedge funds or financial investors with large investments.

Puerto Rico has established a tax exemption policy for investors and billionaires at Wall Street in the U.S. to raise large sums of money from 2012. As a result, Wall Street’s private investors and U.S. super-riches have often seen migration or investment in Puerto Rico for the purpose of escaping the economy. Experts point out that Puerto Rico’s policies promote the gap between rich and poor rather than improving national finances. Residents are struggling with taxation and fiscal austerity, and they explain that the government only deals with financial investors.

Source = https://datausa.io/profile/geo/puerto-rico/ https://revista.drclas.harvard.edu/book/inequality-puerto-rico