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There is serious money in labor arbitrage for the top financial and executive class. We've had decades of heavy lobbying for these kinds of asymmetries to break
by api 12y ago
There is serious money in labor arbitrage for the top financial and executive class. We've had decades of heavy lobbying for these kinds of asymmetries to break the back of domestic labor and smaller competitors.
- avanishgiri 12y agoWhat does labor arbitrage have to do with protectionism in favor of domestic firms? e.g., RenRen over Facebook or Baidu over Google
- deleted 12y ago[deleted]
- Retra 12y agoThose two companies spread mostly by word-of-mouth, so I don't see how either of those applies.