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Suprisingly, these arguments aren't a million miles away from republican claims that governemtn stimulus created employment aren't "real jobs".

Have the neolibs got to the chinese ?

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Wed Dec 23rd, 2009 at 04:35:11 AM EST
[ Parent ]
Our elites benefit from cheap Chinese labor and so do not wish to bring the downside to public attention. The problem is not with the facts but, rather, with the frame. We have either to do without health care or pay for it. Western economic elites want to use China and India as bogymen and as explanations as to why we cannot afford the benefits we have.

That is a very large part of the whole point of globalization. The fact of a low cost producer puts pressure on higher cost producers. The public and the vast majority of economists have been taught that this is just how economics work and that bringing politics into the equation is WRONG. Of course this is absurd and the existing arrangements are the RESULT of politics that favor elites and that then disguise the fact that politics are even a part of the equation.

It is a measure of the task ahead that enough of the public must be re-educated to support sensible, available solutions, such as Hudson, Stiglitz and others have suggested, or see themselves in the same condition as the Chinese worker today faces. The next generations really can all live in shipping crates sitting in open sewers unless we awaken.

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."

by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Wed Dec 23rd, 2009 at 12:09:47 PM EST
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