How would you define free trade if not the free movement of capital and labor?
Capital can be seen as a good, as well. That's why lenders are paid interest and shareholders are made partial owners.
There are always winners and losers on an issue like this. I'm not going to deny that, nor should anyone else. A world of free trade may hurt manufacturing workers in America and Europe, but a world without free trade will hurt workers and consumers elsewhere. You've got to recognize both sides. Simply taking the photo of the unemployed pillow maker and running with it might be great as a means to raising political capital and winning the Iowa primary for the Green Party, but it is, to put it mildly, misleading to take that photo and present it as though it accurately depicted the outcome for the world as a whole. Conservatives want live babies so they can raise them to be dead soldiers. - George Carlin
A world of free trade may hurt manufacturing workers in America and Europe, but a world without free trade will hurt workers and consumers elsewhere.
There are always winners and losers on an issue like this. I'm not going to deny that, nor should anyone else.
May. Probably will, but not certainly.
You're right. Sorry. And the same should be said for the world with free trade. The loss of a given job to outsourcing is not a certainty either.
But they do. Repeatedly. Which is rather the point.
Who are "they"? The Bushies won't even deny that. Conservatives want live babies so they can raise them to be dead soldiers. - George Carlin
Who are "they"?
It's always presented as short-term dislocation rather than long-term loss. Maybe not in detail, but in broad-brush stroke.
Oh, okay. That's certainly true. Some of that, I suspect, probably depends on where the worker is located. If he's in Flint, Michigan, a new job with comparable pay might not be coming to the area. If he lives in New York, he probably has a better shot of getting back on his feet quickly. New York is also, obviously, much wealthier than Michigan, and can better afford to help people. Conservatives want live babies so they can raise them to be dead soldiers. - George Carlin
Also, just because labour and capital have a price doesn't mean they are goods... Unless you're going to commoditize everything conceptually. Maybe money is a commodity, but labour is not. guaranteed to evoke a violent reaction from police is to challenge their right to "define the situation." --- David Graeber citing Marc Cooper