African American
In reply to the discussion: Please dont attack me- I want to give you a heads up - This is important stuff I don't fully underst [View all]Baobab
(4,667 posts)"These be the carrots"
That said, I very strongly feel that they may be more on our side than people think.
As evidence of that I want to point out a specific documents use of citations.
This is what appears to be a pro services liberalization essay which quite unusually brings up the core arguments of "our side" by including both sides of the argument and and an even sided mix of citations in it.
http://www.cuts-geneva.org/pacteac/images/Documents/EAC%20Forum/Forum17/EAC%20Geneva%20Forum-%20WTO%20Note%2017.pdf
I have never, ever seen that in the usual pro-globalization literature.
Unfortunately, its an image PDF so you cannot copy-paste from it. That might have been to prevent people from finding it by search. Note that it says do not quote or share the contents. That's typical for work in the trade community discussing this, and its done because its a sensitive subject here in the US, I think.
Sensitive because its invariably going to result in a lot of job loss, and those displaced may never work again at those wages.
Also, many people will never get jobs who otherwise would be able to get entry level jobs and work their ways up. Instead they will be bidded out to low wage high skill international contractors. There is a huge push to do this because the economic conditions as jobs automate are conducive to falling wages and reducing workforces globally.
But that will cause an economic implosion. Its the wrong approach.
Instead we should follow Senator Sanders approach which is raising, now lowering wages elsewhere and here, not lowering wages here so that wages can go up a little bit elsewhere (they wont, because automation)
And the loss of the US middle class will cause a shock to all the other world economies that depended on our buying tons of useless junk from them.