Sunday, June 30, 2013
Economics as a verb 2
NSR has a feature on illegal immigrants working in the dairy industry. As usual NSR defends the interests of the super-rich, claiming that dairy farmers haven't been able to hire natives.
One of the immigrants said that he was happy with the money he earned, because he was able to support his family back home and buy land in his village.
Hmm. Maybe if you paid natives enough that they could live on the farm, support their family, and buy land, they might be willing to take the job.
It's similar in other industries. Software companies pay Hindoos about half of what they pay natives, and the Hindoos are happy with the money because they can support a large family back home and hire cooks and nannies for their family.
Hmm again. Maybe if you paid native programmers enough to support a large family and hire domestic servants, you'd have less trouble finding natives to work.
The problem is obvious. Currency conversion is fraudulent. Currency values are based on arbitrary government decisions and the greed of speculators. If currencies were based strictly on labor value, these imbalances would disappear.
Since that isn't going to happen, the best cure is to simply eliminate all cross-boundary dealing in labor. No importation of human laborers, no importation of labor hours. If you want to sell anything in America, 100% of the labor must be done by Americans. The only exception is raw materials that can't be grown or mined here, such as bananas or lanthanum. Growing and mining involve labor in the countries where the materials are grown; since there's no substitute for the material, an exception is needed for those labor hours.
Another argument for economics as a verb.
Labels: Natural law = Sharia law
¶ 8:12 AM
