----- Original Message ----- From: "Doug Henwood" <[EMAIL PROTECTED]> To: <[EMAIL PROTECTED]> Sent: Tuesday, October 21, 2003 4:25 PM Subject: Re: [PEN-L] Cancun
> Devine, James wrote: > > > >Wages in the United States are higher than when NAFTA took effect, < > > > >but are they higher relative to labor productivity? > > That's not the issue. I was refuting the common notion that there's a > generalized "race to the bottom." There isn't. > > Doug ================ It makes for great agitprop and when was the last time you heard of outsourcing or setting up plant-equipment in another country [any country to any country] to *raise* unit labor costs and *raise* real wages as a historical norm? Surely Daimler [Mercedes] didn't put the plant in Alabama to make workers there richer, that's just a consequence of their real strategy. The example can be multiplied in hundreds of cases, no? Ian
