------------------------------------------------------- CONVENTION OF THE GOAN DIASPORA FROM GOA INTO THE WORLD Lisbon, Portugal June 15-17, 2007 Details at: http://www.casadegoa.org -------------------------------------------------------
The observations about labor in Selma's post may be antiquated. Labor changes or should change as recounted below: 1. It is estimated that on average one will change jobs (and job descriptions) about five times in one's career. In a tight labor market, as often happens in an economic upturn, labor moves as freely as capital. 2. The bhaile of Goa and the immigrants to the USA are greet examples of labor mobility. 3. Individual laborer should go through job retraining to keep up with clanging technology see the example of typists. 4. Laborers should continue their education to achieve success and promotion. 5. In keeping with changing economics and capital movements, often completely new occupations and approaches are needed. Recently I visited North Carolina. Here tobacco growing was king. With changing smoking habits and laws, growing grapes and wine making is becoming king and more lucrative. The only thing that made tobacco cultivation lucrative was government subsidies. 6. The only time a laborer does not operate in a free market is when one refuses to innovate, be flexible and be progressive. Kind Regards, GL ------------- Selma wrote: We've had this debate before on Goanet, and I don't think we'll discover any new insights to it this time round. I just want to make one point though, labour does not operate in free markets as capital does. Capital moves where there is a vacuum and potential for success. Once that vacuum is filled and there is no further availability of profit, it leaves. Labour on the other hand moves where it sees potential for jobs but once the potential is filled, it will not leave because these are human beings who create ties to geographical locations, unlike capital. Hence, you have a glut and unemployment and the myriad of problems that come with it. This idea that labour supply will perfectly and cohesively meet labour demands in a free market economy is a facile one. ------------------------------------------------------- Goanet recommends, and is proud to be associated with, 'Domnic's Goa' - A nostalgic romp through a bygone era. This book is the perfect gift for any Goan, or anyone wanting to understand Goa. Distributed locally by Broadway, near Caculo Island, Panjim & internationally by OtherIndiaBookStore.Com. For trade enquiries contact [EMAIL PROTECTED] -------------------------------------------------------
