From: Dickey, Michael F (michael_f_dickey@groton.pfizer.com)
Date: Tue Jun 18 2002 - 11:16:56 MDT
From: Randy [mailto:cryofan@mylinuxisp.com]
"I disagree. Here are my reasons: globalization is an effect of
intelligent, directed efforts. It is directed by those who buy and
sell labor, the fruits of others' labor. Because, as the ancient laws
of commerce dictate, they profit when they buy low and sell high,
they therefore want lower prices for labor. So tell me, please, why
"things have a stronger chance to level up than level-out or down."
The same ancient laws of commerce dictate that when demand exceeds supply,
prices increase. The more organizations that vie for low cost labor, the
more that labor costs. Since labor is a finite resource, the theory goes,
demand would outpace it and thus increase the cost of it (that is, the pay
to the laborers)
Michael
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