[IP] more on OECD on employment protective laws

[David Farber <dave@farber.net>]

Begin forwarded message:

From: A J <a.joshi@yahoo.com>
Date: April 17, 2006 5:14:46 PM EDT
To: dave@farber.net
Subject: Re: [IP] more on OECD on employment protective laws

The following needs corrected -

<quote>
(like the British
Empire being efficient enough to make cloth that they
could ship them
back to India and pretty much eradicate the local
industry.
<unquote>

It wasnt exactly - er - the "British efficiency" that
captured the Indian cloth market.  It was more like
the "unscrupulous capitalism" by the British !!  After
their inferior clothing couldnt withstand the
competition from the local industry purely due to
quality,  The British East India company (which
incidently *RULED* its market at the time) rounded up
the cloth mill workers in India (today's Bangladesh)
and *cut their thumbs off* so that they couldnt
operate the machinery (handlooms - or hand operated
weaving mills) and thus quite obviously "won" the
market and became a monopoly.  This is well documented
in the Indian history books.

--- David Farber <dave@farber.net> wrote:

> Begin forwarded message:
>
> From: Frode Hegland <frode@hegland.com>
> Date: April 17, 2006 11:47:03 AM EDT
> To: dave@farber.net
> Subject: Re: [IP] OECD on employment protective laws
>
> On 11 Apr 2006, at 19:35, David Farber wrote:
> > > Russ Nelson writes: Globalization is nothing new
> ... and during
> > > that time wages have risen, not fallen
>
> Though of course not uniformly. Some place win (like
> the British
> Empire being efficient enough to make cloth that
> they could ship them
> back to India and pretty much eradicate the local
> industry. (This
> made the British India Company more powerful than
> the British Empire
> for a while! Yes, even the British Empire was an
> international
> corporate affair, as much as a government
> expansion). This of course
> happens often, to degrees. And it swings back and
> forth between
> regions on the rise, and regions on a plateu.
>
> But when the winners become monopolistic, this
> breaks down.
>
> Within a capitalistic country regulation is need to
> keep large
> companies from becoming monopolies. There is no such
> regulation on a
> world-wide basis, only the WTO which is a
> representative of the
> monopolistic countries, not of all countries.
>
> One example of this is the monopolistic trade
> barriers the US and
> Europe have against Africa, which removes five times
> the amount of
> potential trade income than Africa receives in aid
> (please help me if
> you can remember who pointed this out, I cannot find
> the name right
> now, but it was not a hippe, it was someone from the
> World Bank, I
> think).
>
> In fact, the trade imbalance with Africa is so bad
> that locally grown
> produce is more expensive in many places, than US
> imports due to US
> subsidies.
>
> Please, this is my current understanding, if anyone
> would like to
> correct any of this, please do, my position is just
> that you can't
> have a purely capitalist system without some
> regulation to keep
> monopolies from happening so globalization, in its
> current form is
> not as much capitalism run far, than good old
> fashioned monopolies.
>
> Hey we could call it cross-border fascism maybe?
> BTW, I am a firm
> internationalist, so pro-globalization arguments I
> agree with in
> general, let's just discuss how to improve the
> outcome for more
> people, instead of simple pro/con arguments. End
> rant.
>
>
> Frode Hegland
> ceo
> The Hyperwords Company
> www.hyperwords.net
>
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