Free movement of labor. For we have free movement of capital and free movement of goods.
The free movement of capital and free movement of goods had benefitted the owners of capital, technology and equipment to the detriment of the labourers who cannot move freely.
Labor laws, visas, language, family ties are all barriers for labor to move, while capital, technology, equipment and the final goods can move freely. Labor will always lose.
(Boys consider yourselves lucky that you have a genius like me where to teach you all that!)
There are, today, two possibilities only:
A country can go protectionist.
OR
A country can go socialist.
Globalization is a capitalist tool that benefitted the owners of capital, technology and equipment.
The owners of capital, technology and equipment and will lobby heavily to keep the benefits of globalization.
The ones in the progressing end (the Chinese, Indians, Africans and Latin Americans) will vote with the owners of capital, technology and equipment.
The ones in the losing end:
Japanese, Americans and Europeans will have no chance of keeping their gains achieved by being the first to participate in the Industrial Revolution. |
