[lbo-talk] Back in the belly of the beast

Wojtek Sokolowski sokol at jhu.edu
Wed Dec 8 12:45:15 PST 2004


Michael Dawson:
> But, you know, of course, that free trade and outsourcing are not usually
> ways of transferring productive resources to other areas.

Why not? What is wrong with creating hi tech and mfg jobs in developing countries? These countries benefit from such transfers in many ways, from reducing unemployment, to development of skilled labor force, to influx of money to local economies, and to the acquisition of technical expertise. These are tangible benefits.

Are there any theoretical or otherwise arguments that these benefits are illusory rather than real? Would you think that these nations were better off by not producing for export? What are their other options - servicing the tourists from the First World?

Nice try, though.
> Your fidelity to misanthropy is just as strong as your infidelity to
> ordinary people.

I do not remember swearing any allegiance to anyone but my current wife, so I am not sure what infidelity you have in mind. Who are 'ordinary people' anyway?

Wojtek



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