Subject: [PNEWS] Understanding globalization
People's Tribune (Online Edition)
Vol. 25 No. 6/ June, 1998
P.O. Box 3524, Chicago, IL 60654
http://www.mcs.com/~league
"EDITORIAL: UNDERSTANDING GLOBALIZATION"
>At this point, globalization means that capital is free to roam
>the world in search of c
> Does it necessarily follow that "lowering of living standards for all
> workers and absolute poverty for most" follows from capital's "roaming of
> the world in search of cheap labour".
> I think not.
> Surely it must improve the living standards of some individuals in less well
> off countri
Eva Durant wrote,
>however, I am not familiar with your response
>to the argument, that shorter working hours
>and more people employed causes the fall of
>profits, due to larger contributions and
>labour costs. If it wasn't so, why business
>cannot be cajoled with the already existing
>incenti
Eva Durant asked me to forward this message to the list.
however, I am not familiar with your response
to the argument, that shorter working hours
and more people employed causes the fall of
profits, due to larger contributions and
labour costs. If it wasn't so, why business
cannot be cajoled wi
Greetings,
Please enter the following into your computations; these are not subject to
dispute except for "rounding errors".
Approximately 1/4 million humans are added to the population DAILY. That is the
net amount that births exceed deaths. The "pie" that is divided, whether
sustainable or not
Tony Pierce writes:
> Does it necessarily follow that "lowering of living standards for all
> workers and absolute poverty for most" follows from capital's "roaming of
> the world in search of cheap labour".
'Necessarily' is such a coercive word - only in Mathematics does anything of
significan
Proposals to reduce unemployment by sharing the available work are routinely
scoffed at as being based on a so-called 'lump of labour fallacy'. The
Economist, for example, becomes notably agitated whenever the topic of
reducing work time comes up. On two occasions (Nov. 25, 1995 and Oct. 25,
1997)
