Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Wyätt Gwyön who wrote (17749)	2/24/2004 7:02:48 AM
From: J. P.	Read Replies (2) \| Respond to of 306849

<<how the current job drain of white collar workers due to global labor arbitrage is any different than the manufacturing sector job drain that has been affecting blue collar workers since the 1960s?>> The first thing that comes to mind is that they physically bring the replacements into this country. So in my view, the analogy is less "arbitrage" and more "scabbing", if you will. Manufacturing tends to physically leave the country.

To: Wyätt Gwyön who wrote (17749)	2/24/2004 9:26:46 AM
From: bentway	Respond to of 306849

There is no objective difference between blue collar job migration and white collar job migration. There is a difference in the speed with which this can be done. To move a factory, you have to have infrastructure, water, power, workforce, necessary to support the operations. To move service work is much less cost and time intensive. I watched the automotive jobs migrate while I was in school studying software engineering, glad that I was moving into a profession to new for the rest of the world to compete in. I don't see an answer. Perhaps the only answer is in Europe, with more socialist government, healthcare, high unemployment and welfare.