Do you mean rich or capable? The mean incomes between countries could become more similar, but that doesn’t mean the variances within a country have to go down. This could still lead to a situation where incomes are positively correlated to productivity. And the political destabilization could perhaps be better managed by also developing the control system in a globalized way.
From: Friam [mailto:[email protected]] On Behalf Of Nick Thompson Sent: Friday, August 05, 2016 11:03 AM To: 'The Friday Morning Applied Complexity Coffee Group' <[email protected]> Subject: Re: [FRIAM] TPP pro and con Yeah, Owen, but …. . The problem is that when you go to equalize incomes between nations, the rich people in the poorer countries that are being equalized grab all the income and the poorer people in the rich countries take most of the hit, and income disparity within all countries goes up, leading to political destabilization. N Nicholas S. Thompson Emeritus Professor of Psychology and Biology Clark University http://home.earthlink.net/~nickthompson/naturaldesigns/ From: Friam [mailto:[email protected]] On Behalf Of Owen Densmore Sent: Friday, August 05, 2016 12:47 PM To: The Friday Morning Applied Complexity Coffee Group <[email protected]<mailto:[email protected]>> Subject: Re: [FRIAM] TPP pro and con Agreed. All the pundits liken it to immigration. Buying Chinese goods is equivalent to letting them immigrate, but only in an economic sense. The result is to create a world economy where each citizen is given equal rights and privileges. And median income. On Fri, Aug 5, 2016 at 10:37 AM, Marcus Daniels <[email protected]<mailto:[email protected]>> wrote: "Among the big losers - those who gained little or nothing - were those at the bottom and the middle and working classes in the advanced countries." Is that not only expected, but even intended? Globalization gives people opportunities that don't have them and takes them away from an overly expensive, underskilled workforce? -----Original Message----- From: Friam [mailto:[email protected]<mailto:[email protected]>] On Behalf Of Joe Spinden Sent: Friday, August 05, 2016 10:15 AM To: The Friday Morning Applied Complexity Coffee Group <[email protected]<mailto:[email protected]>> Subject: Re: [FRIAM] TPP pro and con For an informed commentary: https://www.project-syndicate.org/commentary/globalization-new-discontents-by-joseph-e--stiglitz-2016-08?utm_source=project-syndicate.org&utm_medium=email&utm_campaign=authnote -- Joe ============================================================ FRIAM Applied Complexity Group listserv Meets Fridays 9a-11:30 at cafe at St. John's College to unsubscribe http://redfish.com/mailman/listinfo/friam_redfish.com ============================================================ FRIAM Applied Complexity Group listserv Meets Fridays 9a-11:30 at cafe at St. John's College to unsubscribe http://redfish.com/mailman/listinfo/friam_redfish.com
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