SFLRN
DP Veteran
- Joined
- Jul 1, 2006
- Messages
- 1,008
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- Political Leaning
- Libertarian
This makes no insight into why they accept these wages and conditions nor does it create an excuse for it when better wages and conditions can be given, it is just an old get out for those profiting from others. .
They accept the wages because they likely deem it to be their best option available. Asking what the company’s obligation may is a separate issue. (Obligation to others). If one is concerned with increasing the well-being of those people in the long term then one should support free trade as the best means.
Bottom-line most of the gains are in material goods and these come through paying people in the third world worse wages and the reasons people agree to work for them are often due to much pressure if not coercion like kicking peasants from their land to become unemployed in the city. Or granting tribal lands to large land-owners and making them pat rents or making traditionally organised peasants pay taxes to the amount where they have to work in one of these places or the penetration of the values of a society with marketing and Jonesism that creates demand for products and forces people to work to be considered a valid member of society and so on and so on. You cannot comment on the ethics or "voluntaryness" of a situation without exploring the circumstances and social relationships surrounding it. .
We’re not talking about serfdom. The people, in general, are not coerced into trade. To suggest this is a large trend you need more evidence.
You mean looking at globalization and disregarding all reliable evidence on the topic? Is there any actual evidence, not supposition, that supports a side against trade?Looking at globalisation from any other point than the mainstream economic makes its benefits far less certain.
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New Keynesians and most other keynesians are neoclassical economists. New Keynesianism is just a label for his macro views ie an amazingly bastardised hardly recogniseable version of keynesianism. The only real keynesians are the post keynesians, the disciples of those like Joan Robinson and Nicky Kaldor who were colleagues and friends of Keynes himself and their economics is wildly different, generally rejecting marginalism and Keynes really came to do for all intents and purposes.The idea of rational expectation which is central to it would make Keynes turn in his grave, Keynesianism is uncertainty! .
The problem is, there are no significant emotional issues that would cause free trade’s efficiency to be legitimately doubted. If there were actual evidence that free trade were bad you should present it. Historically it has shown to be beneficial, and it has won empirical support. Despite how much you might dislike some of theories and assumptions used in economic theory, it does not refute the data on the topic. If you really had an issue with the evidence then you should show how 93% of economists are using incorrect statistical methods. If economics were not such a math driven field (as it is today with the average graduate candidate needing to have taken at least some proof based mathematics, and to get in they would need a 3.0 average at least in the majority of their math classes) arguing supposition would be more fruitful.