Greetings Economists,
On Jul 9, 2009, at 12:22 PM, ravi wrote:

Second, what is replacing the old model is often (a) nothing more than a promiscuous "borrowing" of their labour (most political blogs quote Reuters, AP, NYT, WaPo for actual data or details), (b) worse because it does away with even the pretence of objectivity (small 'o').

Doyle;
I see a depression gathering steam myself. What about the auto industry being gutted for low wage labor elsewhere? Borrowing labor products is an old practice that never goes away and comes up in new forms all the time. The primary business that makes money is Google which networks information, and social networks. The newspapers and their workers are being reduced because the content can't meet the demands of social networking content.

One fights low wages and depression by socially organizing.
thanks,
Doyle Saylor
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