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Baobab

(4,667 posts)
Sun May 1, 2016, 09:42 PM May 2016

heads up: How the developing world might frame Fight for $15 in the context of trade liberalisation-

See at the bottom of Page 7 of this document, there is a discussion of "privileged groups" in developed countries and "rent seeking behavior" - Page 7 and 8 are particularly relevant-

http://www.ictsd.org/downloads/2008/06/dom_reg.pdf

The 800 lb gorilla in the room and perhaps one of the reasons why they are pushing SO hard for HRC is the fact that entry into the US services markets has been promised, for a long time, to developing countries- if they can just be the LOWEST qualified bidders. This push to lower the prices for service work conflicts directly with the push to increase wages - initially these "opening" to developing countries (actually all other countries in a number of services blocs which are being set up) will likely place these foreign firms in direct competition with US firms for work in large chunks of the economy - especially an indeterminate number, perhaps very large, soon to be former public sector workplaces after their mandated privatization, which is also part of this 20 year old deal, which is still not finished yet. (Google "progressive liberalisation" which means one way privatization)

They would see a sudden increase to "high wages" here as having been established for the main reason of keeping them out of the payoff which they have been promised for 20 years.

their main "competitive advantage" being specifically, low wages, high skill relative to low wages.

Does ANYBODY here get what i am saying, this is a huge thing and its the #1 example I know of of the dangers posed by endorsing HRC, whose husband signed this deal into law 20 years ago.

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