At 20:11 02/02/2009, [email protected] wrote:

>John G. wrote:
>
> > Thanks for your considered response John.
> >
> > (At least I don't _have_ to buy any books ... yet.)
> >
>
>I didn't have time for footnotes, sorry! That's just a little joke, John.

I think you misunderstood: I meant you hadn't recommended my reading any books.

>And John G. further wrote:
>
> > You'll note that I don't share several of your deep-seated 
> assumptions, e.g.:
> >
> > - the US experience/system can be extrapolated abroad
> >
>
>I do not understand what this means.

It means that your arguments are all predicated on your perception of 
the US experience/system (go through them). In Europe and Asia, very 
different systems are at play: The recent economic downturn 
notwithstanding, the entire region is thriving on increased 
international trade, and a more fluid job market (except bloody Denmark!).

"OECD economic analyses generally support increased international 
trade; their work shows that a 10 percentage point increase in trade openness
results in a 4 percent increase in per capita income for the OECD area."
https://www.truthabouttrade.org/index2.php?option=com_content&do_pdf=1&id=1031

This is in stark contrast to the US attitude to its neighbours, 
workers and corporations.

>Do you mean the experience of massive export of jobs due to the 
>dominance of finance capital over industrial capital?

Where?

>If so, this is something your native land experienced long ago, so 
>you must be aware of the disease.

Britain has thrived on service jobs.

>Do you mean overconsumption? That does appear to be a perquisite of 
>late imperial America that other countries do not enjoy, but its 
>days are surely over now.

Adjustment is far from over.

>  Do you mean the import of 15-20 illegal aliens? No, other 
> countries have not experienced that, not because they do not have 
> problems with illegal immigration, but rather because they had the 
> common sense to actually enforce their laws regarding it.

And (having a welfare state) to avoid a 2-tier society.

>In any case, I have never said that the US experience/system can or 
>should be extrapolated abroad.

Must be just your arguments then.


>Trade is collapsing.

Sorry?

Check out the big picture:

"For the 2000-2007 period, exports
on average increased by 2.7 percentage
points faster than real gross domestic
product."
http://www.wto.org/english/res_e/statis_e/its2008_e/its08_toc_e.htm


>Sounds to me like the corporate-government posture on free trade, 
>and much else, is supine.

When they start listening to you we'll take more notice.


john g 



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