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New Int'l Division of Labor?
Thanks to Henry Liu for continuing a discussion of
balance of payments, exports, and the future of labor
and nationalism in the next millenium.
Henry spoke the unspeakable: One man, one vote.
One man, one dollar.
I'm sure he would be happy if in a thousand years we
have as the end of "one man, one vote" a culture that
has arrived at "one man, one economically independent
person -- no man's wage slave, no man's master, but
probably no man's equal -- (each individual enjoying
wealth enough, but some with a helluva lot more than
others.)
Not that great disparity in wealth is necessary or good,
in my opinion; but it may have a favorable effect, as a
counterweight to political charisma. And it may be a
lot easier to leave disparity and envy alone, rather than
worry about it.
As I have said before, some of us sing or dance
better than others. I'm certainly not in favor of gene
therapy to improve my voice, throwing arm, or bank
balance. A rational world would tolerate inequality,
if only it were tamed.
I'll demur to any reader who won't accept the above.
It's far too remote for passionate debate. What I'm
more interested in, is Henry's remarks as follows:
"Although Greenspan/Rubin/Summers never actually
said so, in their scheme is the inevitable evolutionary
obsolensce of the American worker, through a new
international division of labor."
Here I cannot agree. If the gentlemen above want to
see a global middle class to protect democratic
impulses -- wherein so many people have a stake in
domestic tranquility, they tend to avoid radical calls
for war and misadventure, (and I do think that is their
aim), then there is no need to extrapolate their aims
to a logical possibility that would demand a nuclear
truce to avoid conventional war.
For if we had no blue collar workers, we would have
no conventional army and navy. We would be
something out of science fiction -- an evil empire of
sorts, asking the world to do our laundry and heavy
lifting but warning them that the muscle they gained
thereby would be crushed if they had a mind to use
it against us.
The future of the new world order must see many
continental nations with a normal distribution of
brains and brawn. How else explain the love of
physical sports? The love of using your hands?
If for a while we are exporting some blue collar
work, it is because the current system is mindless
-- not because it is planned.
When a plan is finally demanded by the voters,
because they notice how much damage to them
mindless markets are doing, they will opt for a
negotiated balance -- whereunder, as I previously
wrote, we lend other nations their legitimate needs
and stop reducing our middle class to beggars.
John Gelles
email 1944@xxxxxxxx
url http://1944.org
- Thread context:
- Gene Epstein (Barron's) on "Endogenous Money",
Greg Nowell Tue 29 Feb 2000, 23:57 GMT
- All Keynesians Now?,
John Gelles Tue 29 Feb 2000, 11:11 GMT
- For How Long? At What Cost?,
John Gelles Tue 29 Feb 2000, 10:48 GMT
- General Theory Seminar--Moore (reply to Mosler),
mike sproul Mon 28 Feb 2000, 15:39 GMT
- Re: Fed open market operations, reply-comment on Mossler,
J. Barkley Rosser, Jr. Sun 27 Feb 2000, 21:17 GMT
- ICARE: Change of Name?,
Harvey, John T. Sun 27 Feb 2000, 20:10 GMT
- ICARE Educational Links: Call for Submissions,
Harvey, John T. Sun 27 Feb 2000, 19:32 GMT
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