|
Re: We are all Slave now.
Quote:
Originally Posted by Greedy,Greedy,Greedy
The determination of demand, however, is based in part on the level of the wage base.
Ultimately, we will head for a unified global labor market. We are already approaching a world in which the disparities within countries based on the urban / rural divide are often more significant than the barriers among countries' core urban areas.
I suspect what we are seeing now is the dying spasms of the old "first world" economies as they transition to a new order. The real question is going to be what that order looks like, and I think Trump's answer is "China".
|
Trump and other recent political trends are reversing the trend towards a unified global labor market.
__________________
“It was fortunate that so few men acted according to moral principle, because it was so easy to get principles wrong, and a determined person acting on mistaken principles could really do some damage." - Larissa MacFarquhar
|
