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Re: Does International Trade Lower Wages in the 1st World?



I think that the distiction between movement to low-wage countries
by capital (and the concomitant increase of imports of goods produced
there by the advanced countries) and technological change that
lowers the demand for lower-skilled labor in the advanced countries
is largely false.  The technological bias toward simplifying and
routinizing (deskilling) traditional jobs in the advanced countries
(which often have high skill relative to poor countries) *allows*
the movement of capital to the poor countries.

I have to think up a nice controversial position to take in order
to get pen-l's blood boiling again.  Earthquakes and cold weather
are good?  even optimal?  :-)

in pen-l solidarity,

Jim Devine   BITNET: jndf@lmuacad.   INTERNET: jdevine@xxxxxxxxxxxxxxx
Econ. Dept., Loyola Marymount Univ., Los Angeles, CA 90045-2699 USA
310/338-2948 (off); 310/202-6546 (hm); FAX: 310/338-1950


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