PMMJ (cheetahmaster) wrote,

the nutshell in question

"This is what's wrong with globalization. The big gains go to the one percent who need them the least. Developed world workers take a big hit, Chinese workers gain, but not nearly as much or as fast as they should, and First World consumers don't get very much of the benefit of the cheap Chinese labor because the bulk of the wage arbitrage between west and east is going into the coffers of the top executives and the middlemen between producers and consumers. It's not a sustainable way to run the world."

Tags: 2012, defend your thesis, news, quotes, welcome to america

  • relevant to my interests

    "The Secret Douglas Adams RPG people have been playing for 15 years."

  • tactical

    "This actually fits with everything Obama has been doing lately: neither his legislative proposals nor his executive actions have been world shaking.…

  • huh

    "The problem for a terrorist group like Al Qaeda is that its recruitment pool is Muslims, but most Muslims are not interested in terrorism. Most…

  • Post a new comment


    default userpic

    Your IP address will be recorded 

    When you submit the form an invisible reCAPTCHA check will be performed.
    You must follow the Privacy Policy and Google Terms of use.
  • 1 comment