Poverty, Equality, and Capitalism

Discussion in 'Economics & Trade' started by Anders Hoveland, Apr 21, 2012.

  1. dixon76710

    dixon76710 Well-Known Member

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    I am not referring to any such thing. Watch the silly little man dance.
     
  2. Reiver

    Reiver Well-Known Member

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    This may be another occasion where, due to an economic knowledge hole, you don't really understand what you're typing. You stated that they were willing to accept lower wages. Given they do not have lower human capital levels, that necessarily generates greater underpayment levels (and we of course know that such underpayment is fed by discriminatory relations)
     
  3. dixon76710

    dixon76710 Well-Known Member

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    Nope. Their willingness to accept lower wages is due to the lower wages they are accustomed to accepting in the countries they come from.
     
  4. Reiver

    Reiver Well-Known Member

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    If that was the case we'd expect it to be a temporary phenomena as they come to understand the labour market and the wage associated with their human capital levels
     
  5. dixon76710

    dixon76710 Well-Known Member

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    Wouldn't expect that at all with a constant stream of new immigrants.
     
  6. Reiver

    Reiver Well-Known Member

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    Of course we would as knowledge of the local labour market (good ole supply and demand) is relatively rapidly understood. Delay would be expected if human capital was incompatible with that local market.
     
  7. Not Amused

    Not Amused New Member

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    That doesn't apply when most of the immigrants are illegal, of which there is an endless supply. Those that ask for a raise are easily replaced. No unemployment worries, no labor board worries.
     
  8. Reiver

    Reiver Well-Known Member

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    For illegal immigration we should be referring to the lack of economic convergence, an inefficient outcome encouraged by neo-liberalism and the negative impact of right wing economics on multilateralism in trade
     
  9. Not Amused

    Not Amused New Member

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    For illegal immigration, we should be referring to the polticians motivation to keep the border open. Both the left and right had enough control to resolve, and didn't.
     
  10. Reiver

    Reiver Well-Known Member

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    Illegal immigration will always be an issue unless you go for one of the following: fascism or economic convergence. Pick your preference!
     
  11. dixon76710

    dixon76710 Well-Known Member

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    Actually, the lack of economic convergence could be refered to for legal and illegal immigration equally. Sometimes wonder if you even comprehend the meaning of the economics you are so fond of parroting.
     
  12. Not Amused

    Not Amused New Member

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    Or, merely require employers to use E-Verify.

    Illegals come to the US to earn more money than they can at home. No work, no illegals.

    No fascism, no mass deportation.
     
  13. Reiver

    Reiver Well-Known Member

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    The idea that you can stop illegal 'employment' is a bobbins. We're still left with the reality: we either reduce the benefits (rationally, with that actually also leading to economic gains for all) or we impose a fascist stick
     
  14. Not Amused

    Not Amused New Member

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    Both the left and right are telling employers "we will do nothing, go ahead and hire all the illegals you want".

    Neither party wants to give illegals citizenship as that engages minimum wage, payroll tax, and legal protection as that eliminates low wages and zero job security.

    Back to the point, illegal immigration makes your statement in post #106 invalid.

    If we want to open the borders, then change the law, and open our borders to the world.
     
  15. Reiver

    Reiver Well-Known Member

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    I'm not particularly interested in what you think the left and right are telling employers (which doesn't really make sense as you essentially have consensus politics). The point is that you don't have an argument: the extent of illegal immigration only informs us of a different aspect of trade imbalances created by Nortth-South divides where economic convergence has been curtailed. It can also be noted that typically reflects right wing economics where 'free trade' has been deliberately used to hamper 'fair trade'
     
  16. Not Amused

    Not Amused New Member

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    I would think the pervasive corruption in the countries the illegals come from has something to do with it.
     
  17. Reiver

    Reiver Well-Known Member

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    Inequalities reinforce the corruption, such as an over-reliance on raw material exploitation such that government influence costs are maximised
     
  18. unrealist42

    unrealist42 New Member

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    Actually, it is free trade agreements that pushed so many from Central America to come to the US illegally. The elimination of tariffs on beef and ethanol and palm oil to the US and EU has caused millions of tenant farmers to be pushed off the land by the big landowners. Reduced tariffs with Asian nations have caused the textile industry to abandon Central America. As a result there is millions of homeless people across Central America who are unable to find jobs.

    Illegal immigration from Central America would be far far less without these free trade agreements.
     
  19. Not Amused

    Not Amused New Member

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    Immigration Reform and Control Act of 1986?
     
  20. unrealist42

    unrealist42 New Member

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    Irrelevant.
     
  21. Not Amused

    Not Amused New Member

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    Neither is the flood of illegals that preceded it?
     

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