Re: Re: 'Anti-globalization activists have their facts wrong.' Really?

[Jim Devine]

Doug wrote:
>A recent NBER working paper <http://papers.nber.org/papers/W8058> finds 
>very little effect of trade on national wage structures; what really 
>matters are domestic wage-setting insitutions. Those are being ripped to 
>shreds in lots of places.

Doug, isn't commonplace for us lefties to say that "globalization is more 
than trade," i.e., that issues of capital (both financial and real, 
portfolio and direct) and labor-power mobility play a big role?

Further, what is it that is "ripping" the domestic wage-setting institution 
to shreds?

Jim Devine [EMAIL PROTECTED] &  http://bellarmine.lmu.edu/~jdevine