Tavis, you obviously haven't heard about the Virtual U model that is being promoted across North America and Europe. Sid > > This is true. But it's not the same kind of export competition. > Harvard, MIT, and Mass general don't argue to their workers that they > have to lower wages to compete with Berkeley or Oxford. None of these > places are threatening to close down and move their work to Mexico. > Although people come from all over the world to go to Boston hospitals, > most patients are still from New England, and nobody's out pitching the > cheapest services to customers in Australia. Competition is in the form > of quality and innovation, and that matters a lot for worker bargaining > power. As for business services, well, I worked as a temp in Boston for > several years, and most of those jobs were in FIRE firms. Almost all of > the client base of these offices was in New England if not in Eastern > Mass. So again, although the companies were often international, the > markets were usually local or at most regional. > > > Cheers, > Tavis > >
