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Globalism was literally a concerted effort to off-shore blue collar work with the expectation that the population of richer countries would become more educated
by Mikeb85 7y ago
Globalism was literally a concerted effort to off-shore blue collar work with the expectation that the population of richer countries would become more educated and work in information intensive jobs (also siphoning off value from said off-shored industries). Where it went somewhat awry is that computers and automation have meant that less jobs are actually required in those sectors that we envisioned people having, leaving a large portion of the population under-employed in low paying service jobs. Globalism was literally a concerted effort undertaken after WWII, this isn't some sort of Fox News level conspiracy theory. It's history, literally stuff in economics textbooks and easily verifiable.
As for why Scandinavia and Germany have managed to keep inequality at bay, they've got very robust welfare states and strong labour unions.
- tim333 7y agoBy Fox News politics I mean opposition to stuff like the robust welfare states and strong labour unions you mention.
- deleted 7y ago[deleted]
- ido 7y agoAll European welfare states have been in the process of dismantling & privatising post Reagan/Tatcher (e.g. in Berlin the city sold most public housing estates to private investors decades ago). They haven't deteriorated as fast as the US and UK but the trend is clear.