The Chinese worker loses because instead of participating in a functioning labor market (like the ones in US, most of Latin America, East/West Europe, etc) his only choice is slave-like factories. The US worker loses…
The problem is that they (US corporations and local elites in the developing countries) haven't built a global labor market. Rather they built very large pipelines into the US labor market. This means that workers in a…
Looks like you are in a tight situation regarding income/expenses. If I were you, I would try really hard to switch markets. Here's one scenario - you move to the US, and become nurses, both you and your wife. After a…
I don't think Amazon and the other corporations perceive this as a broken system. It looks like they want/designed it like this.
They don't have chronically overworked employees. They simply burn them out and then replace them with newer/younger workers. I think the NYT reported that the average tenure of an Amazon worker is 1 year. Just let that…
I think there are good ideas in your comment, but you are also skipping some key points. A worker doesn't "inherit" the market his company is operating in, so the competition and profits to be had in that market don't…
Places like Harvard and Yale used to educate the elites themselves, but no more. Today the elites are the billionaires and hundred-millionaires who own the country's capital. Harvard and Yale educate the people who work…
The Chinese worker loses because instead of participating in a functioning labor market (like the ones in US, most of Latin America, East/West Europe, etc) his only choice is slave-like factories. The US worker loses…
The problem is that they (US corporations and local elites in the developing countries) haven't built a global labor market. Rather they built very large pipelines into the US labor market. This means that workers in a…
Looks like you are in a tight situation regarding income/expenses. If I were you, I would try really hard to switch markets. Here's one scenario - you move to the US, and become nurses, both you and your wife. After a…
I don't think Amazon and the other corporations perceive this as a broken system. It looks like they want/designed it like this.
They don't have chronically overworked employees. They simply burn them out and then replace them with newer/younger workers. I think the NYT reported that the average tenure of an Amazon worker is 1 year. Just let that…
I think there are good ideas in your comment, but you are also skipping some key points. A worker doesn't "inherit" the market his company is operating in, so the competition and profits to be had in that market don't…
Places like Harvard and Yale used to educate the elites themselves, but no more. Today the elites are the billionaires and hundred-millionaires who own the country's capital. Harvard and Yale educate the people who work…