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View Diary: Mitt Romney realizes he's screwed with Latinos (165 comments)

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  •  And it's part of a much larger global picture (26+ / 0-)

    An economic regime has been created which allows the total free flow of capital across borders, and something very close to that in goods, services and raw materials.  But in order for an economic system not to constantly be bottlenecking, all the factors of production must be congruent in their regulatory regime.  For the current system to have any chance of working even on its own terms of maximum upward redistribution, labor has to be able to move as freely and completely as capital, goods and raw materials.  It's already more difficult for flesh and blood humans to move than digitalized money.   Atavistic human nativism, political agendas of divide and rule, or simple social and infrastructure undercapacity to absorb labor flows all radically exacerbate those inherent imbalances.  As the economy becomes ever more globalized, the tide of humans driven into a state of economic semi-nomadism will swell mightily.  Already over 100 million Chinese are internal migrants within their national boundaries.  The US and European countries react with rigid repressive measures against migrant flows from Latin America, the Caribbean, North Africa and the Middle East.  This is all wholly untenable, economically, socially and politically.

    The law, in its majestic equality, forbids rich and poor alike from sleeping under bridges. ~ Anatole France

    by ActivistGuy on Mon Apr 16, 2012 at 09:51:10 PM PDT

    [ Parent ]

    •  Brilliant, and well-said. (16+ / 0-)

      Exactly right: the disparity between capital that's as mobile as photons, and labor that is not.  

      And the inherent injustice of condemning untold millions of humans to nomadic status whereby they are perpetual "guests" with arbitrarily-revocable "privileges," and never quite "citizens" with unalienable rights.

      Since physical humans will never be as mobile as capital (nor should they be, per "guests" vs. "citizens" above), the only way forward is to strictly limit capital mobility, downward to the level of naturally-occurring human mobility.

      In short, globalization was bullshit from the get-go, a corporatist plutocratic ploy to bamboozle the public into accepting the extraction of humans as raw material.  And the only way out of this one, is back to where we came from, or forward to social democracy.

      "Minus two votes for the Democrat" equals "plus one vote for the Republican." Arithmetic doesn't care about your feelings.

      by G2geek on Tue Apr 17, 2012 at 12:21:00 AM PDT

      [ Parent ]

      •  Failure of Classical Economics (3+ / 0-)
        Recommended by:
        ActivistGuy, G2geek, Wife of Bath

        Indeed, it's that ability by capital to temporarily batten off the equal mobility for labor which has enabled capital to pile up wealth.  Classical economics is built on the theory that all resources have equal mobility.  It was more true in the 18th and 19th centuries than it is today and that is when much of the economic theory revered by conservatives was created.  How much economic study over the past fifty years has even looked at the immigration issue?  Most of the time has been spent on looking at the issue of free trade, with the resulting WTO regime under which we live.  

        "Love the Truth, defend the Truth, speak the Truth, and hear the Truth" - Jan Hus, d.1415 CE

        by PrahaPartizan on Tue Apr 17, 2012 at 06:16:10 AM PDT

        [ Parent ]

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