[lbo-talk] Inequality: The silly tales economists like to tell

123hop at comcast.net 123hop at comcast.net
Wed Oct 31 09:52:20 PDT 2012


That seems odd thought because IT is innundated with 3'd world engineers, and I notice at Kaiser most MDs are also 3'd world.

So, like, what strong barriers?

Joanna

----- Original Message ----- http://www.aljazeera.com/indepth/opinion/2012/10/2012102915021526447.html

"The reason why the manufacturing workers, construction workers, and restaurant workers lose their jobs to low-paid workers from the developing world, and doctors and lawyers don't, is that doctors and lawyers use their political power to limit the extent to which they are exposed to competition from their low-paid counterparts in the developing world. Our trade policy has been explicitly designed to remove barriers that prevent General Electric and other companies from moving their manufacturing operations to Mexico, China or other developing countries. By contrast, many of the barriers that make it difficult for foreign professionals to work in the United States have actually been strengthened in the last two decades."

[WS:] Right on the target. It is not some impersonal force like "globalization" or "new technology" but old fashioned political power that has names and addresses, even if multiple. It is the new social class, the technostructure, stupid.

-- Wojtek

"An anarchist is a neoliberal without money." ___________________________________ http://mailman.lbo-talk.org/mailman/listinfo/lbo-talk



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