tag:blogger.com,1999:blog-27946614.post241416547105158961..comments2024-03-07T14:43:21.888-08:00Comments on Whatever I want to write about: Those damn Chinese and Indians! Vietnamese and Bangladeshis too?Sriram Khéhttp://www.blogger.com/profile/06907731254833435446noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-27946614.post-78850504536414910962016-07-31T12:15:25.362-07:002016-07-31T12:15:25.362-07:00Yes ... but with one amendment to your comments:
W...Yes ... but with one amendment to your comments:<br />We have always known that some will lose from this globalization. The problem has been that the Thatcher/Reagan revolution did not want to compensate those who were losing a lot. The awful pro-market ideologues did not want to redo the social contract. Now, we are all paying a huge price for that ideology, with Brexit and now the Trump candidacy.Sriram Khéhttps://www.blogger.com/profile/06724218458246880137noreply@blogger.comtag:blogger.com,1999:blog-27946614.post-45335474498879128322016-07-30T17:59:11.542-07:002016-07-30T17:59:11.542-07:00Absolutely true what Zhang observed - why on earth...Absolutely true what Zhang observed - why on earth do Americans want low end manufacturing jobs to come back. Even if it came back, none of them would do it. Will any American worker assemble 500 iPhones day in and day out, at the levels of productivity Apple demands ? Heck - the main destination of illegal immigrants from Mexico is farm labour; jobs that are waiting for Americans to do. The trouble is they don't want to do those jobs.<br /><br />However, I don't believe anti globalisation views will go away with time and education. There will always be winners and losers in globalisation and the losers will protest and want to erect barriers and get some advantage. The concept that there can be a social net for them is impractical. By any objective standard the uneducated white voter who is yelling along with Trump is actually better off than his own parents - better health, better quality of life and certainly many times better off than the Chinese or Vietnamese doing the job that was taken away from him. But there is no chance that he will accept that.Rameshhttps://www.blogger.com/profile/11782192840421019943noreply@blogger.com