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Your first sentence of your last paragraph shows one of the problems with globalization. We have seen in the U.S. municipalities competing with each other to s

Your first sentence of your last paragraph shows one of the problems with globalization. We have seen in the U.S. municipalities competing with each other to see who can give the most subsidies to large corporations. The effects have not been so desirable. Now we are seeing this played out on a grand, global scale. It's potentially a race to the bottom. I think globalization without a proper international regulating agency is a bad thing. It's great for the people who have the ability to move from one country to the next. Who can find the optimal place for them to live in. Most people don't have this luxury.

chadmalik 15y ago
There isn't a need for a single international treaty to deal with this. Simply levy import tariffs on products by companies who refuse to pay their fair share of taxes, or use slave labor, shoddy environmental practices, etc. The means is there and can be implemented tomorrow. What is lacking is the political push to make it happen.
pgisadickyup 15y ago
http://bastiat.org/en/the_law.html http://bastiat.org/en/the_law.html
mattchew 15y ago
> Most people don't have this luxury. Maybe one way to make globalization great for more people, is to make international mobility practical for more people.
- yequalsx 15y ago
  Indeed. As it is mobility barriers partially serve to keep masses of people stuck and this could possibly lead to a new, modern form of feudalism.
deleted 15y ago
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RawData 15y ago
> Most people don't have this luxury. Why not? Seriously. What's stopping anyone from doing this exact thing? Inertia...that's really all - when you get right down to it..
- jarek 15y ago
  Where do you currently live? What are the immigration requirements to move to, say, Australia?
- CapitalistCartr 15y ago
  Try emigrating from China to the USA. Its not inertia. There are many millions of people who would gladly move to another country given the opportunity.
  - RawData 15y ago
    We aren't talking about emigration...we're talking about corporate domicile creation...the red tape is substantially less... But even emigrating...why not? My girlfriends brothers wife emigrated from China to the US...my brothers exwife emigrated from Sri Lanka to the US...I have lots of friends who's families have done this...what's the problem?
- yzhengyu 15y ago
  Well, you may call it inertia. But really, once you add up all these challenges, it tends to be quite substantial. For example, say, you are a skilled plumber who owns a similar business repairing/installing plumbing in Shanghai, China. Theoretically, all these skills would actually make him/her eminently employable or set up a similar business, say in Sweden. Unfortunately, that is really not the case. Be as much as most of us would wish, capital has really achieved utter victory over labour. Till we have some major innovation which will neutralize the advantages of having mass amounts of capital, we are transitioning towards a new feudalism. As I was mentioning to a colleague, the only reasons why we have a job is that software development/programming/computer systems is still sufficiently complex enough for up to 80% of the world population. Or else we would actually be quite screwed as well. ;)

chadmalik 15y ago

There isn't a need for a single international treaty to deal with this. Simply levy import tariffs on products by companies who refuse to pay their fair share of taxes, or use slave labor, shoddy environmental practices, etc. The means is there and can be implemented tomorrow. What is lacking is the political push to make it happen.

pgisadickyup 15y ago

http://bastiat.org/en/the_law.html http://bastiat.org/en/the_law.html

mattchew 15y ago

> Most people don't have this luxury. Maybe one way to make globalization great for more people, is to make international mobility practical for more people.

yequalsx 15y ago
Indeed. As it is mobility barriers partially serve to keep masses of people stuck and this could possibly lead to a new, modern form of feudalism.

deleted 15y ago

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RawData 15y ago

> Most people don't have this luxury. Why not? Seriously. What's stopping anyone from doing this exact thing? Inertia...that's really all - when you get right down to it..

jarek 15y ago
Where do you currently live? What are the immigration requirements to move to, say, Australia?
CapitalistCartr 15y ago
Try emigrating from China to the USA. Its not inertia. There are many millions of people who would gladly move to another country given the opportunity.
- RawData 15y ago
  We aren't talking about emigration...we're talking about corporate domicile creation...the red tape is substantially less... But even emigrating...why not? My girlfriends brothers wife emigrated from China to the US...my brothers exwife emigrated from Sri Lanka to the US...I have lots of friends who's families have done this...what's the problem?
yzhengyu 15y ago
Well, you may call it inertia. But really, once you add up all these challenges, it tends to be quite substantial. For example, say, you are a skilled plumber who owns a similar business repairing/installing plumbing in Shanghai, China. Theoretically, all these skills would actually make him/her eminently employable or set up a similar business, say in Sweden. Unfortunately, that is really not the case. Be as much as most of us would wish, capital has really achieved utter victory over labour. Till we have some major innovation which will neutralize the advantages of having mass amounts of capital, we are transitioning towards a new feudalism. As I was mentioning to a colleague, the only reasons why we have a job is that software development/programming/computer systems is still sufficiently complex enough for up to 80% of the world population. Or else we would actually be quite screwed as well. ;)