Re: [Marxism] Comparative Advantage

2009-12-17 Thread David Picón Álvarez
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From: S. Artesian sartes...@earthlink.net
 At the same time, what is remarkable on the European side,
 is the EU's willingness to allow, and the populaton's willingness to
 tolerate rates of unemployment that, prior to the 1970s, would have caused
 the every social democrate to tremble with fear over imminent revolution.
 Spain's rate exceed 20% at one time, didn't it?

I don't think it's gone that high for a fairly long time now, but it was 
very high in the early 90s and it is very high now. Speaking of Spain, I 
think that part of the reason why this is is on the one hand the 
introduction from the 60s onwards roughly of a social security system, which 
earlier was essentially non-existent, and on the other hand the role of very 
cohesive families, in a reasonably extended sense, which act as social 
support during times of unemployment. We can see this right now in some 
statistical indicators, like the age at which Spanish offspring leave their 
parental home, or how often they return to it after unemployment (fairly 
common now), delay in marrying age and having first child, etc etc.

--David.



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Re: [Marxism] Comparative Advantage

2009-12-16 Thread David Picón Álvarez
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So if I'm reading this right, US enterprises have been able to push wages 
down or keep them roughly the same while increasing working time, while the 
same does not apply in Europe? Weird.

--David.



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