I'm actually surprised to see Steve launch into a critique of laissez-faire capitalism here on cypherpunks, of all places. One can admit that globalization has ill effects (mostly, bricks through windows of Starbucks thrown by bored, upper-middle-class, college-age protesters), certainly. But when responding to claims that factory workers in poorer countries are only being paid $2/hour or whatnot, it makes sense to ask: Is this worse than their other alternatives, like mud huts in villages? To argue against people voluntarily entering into market-based transactions with each other is so a-economical and contrary to cypherpunk philosophies* -- wlel, I just don't think it's worth taking the time to go any further in a response. -Declan * = To the extent that there are any cypherpunk philosophies, of course. At 01:17 PM 10/20/01 -0700, Steve Schear wrote:
At 01:42 PM 10/20/2001 -0400, Declan McCullagh wrote:
On Fri, Oct 19, 2001 at 05:35:53PM -0700, Steve Schear wrote:
The direction of all recent administrations has been to expand globalization (i.e., interdependency) thus increasing economic risks and narrowing diplomatic choices. In the short term, and we have no idea what
When I speak of globalization, I mean removing barriers imposed by government to voluntary exchanges between consenting people. Sounds good to me.
Unfortunately, many citizens in the developing world are not party to these "voluntary" exchanges, but are directly affected. I've read the reports of the many low wage sweat shop jobs, mainly performed by young women, in these countries and that their alternative is worse. In a way one could portray their situations as dismal but not dire, sort of along the on-screen comments of Arthur to the prostitute is dinning with "... so you might say you're having a relatively good time?"
In the short term economic inequalities and human rights abuses may be exacerbated (e.g., the fate of rural mainland Chinese). The long-term effects of globalization are as yet unknown.
You seem to think of liberal global trade as a zero-sum game. This is an elementary error. Instead, liberal global trade is what economists would call an "expanding pie" where additional wealth is created.
Agreed, but wealth is only one measure of human happiness and the jury is still out on whether the vast majority of those indirectly affected by globalization will find it has been in their best interests.