Re: Landlordism and Slavery. was: Live8

"Les Cargill" <lNOcargill@xxxxxxxxxxx> wrote in message
news:DbeFe.18344$iG6.12831@xxxxxxxxxxxxxxxxxxxxxxxxxx
> The Trucker wrote:
>
>> "Les Cargill" <lNOcargill@xxxxxxxxxxx> wrote in message
>> news:d0DDe.12172$iG6.2106@xxxxxxxxxxxxxxxxxxxxxxxxxx
> <snip>
>>>The financial instruments being traded are just as valid
>>>as labor. Are yiou advocating some sort of labor
>>>based mercantilism?
>>
>>
>> This "mercantilism" and "isolationist" crap is for
>> true Republican apologists and I think it beneath
>> your level of discourse to devolve in to this sort
>> of "Satanic" word association.
>
> I assure you, I'm simply trying to describe what I
> see. Buyers shouldn't care about "how".
>
> <snip>

But the "buyers" are the aristocrats:

Of Systems Of Political Economy
Book IV , Wealth Of Nations -- Adam Smith

"Political economy, considered as a branch of the
science of statesman or legislator, proposes two
distinct objects: first, to provide a plentiful revenue
or subsistence for the people, or more properly to
enable them to provide such a revenue or subsistence
for themselves; and secondly, to supply the state or
commonwealth with a revenue sufficient for the public
services. It proposes to enrich both the people and
the sovereign."

Mercantilism is about stockpiling gold. It is NOT
about using the skilled people from abroad to do
local work in an effort to reduce wages. And
comparative advantage applies to GOODS. H1B
is about lining the pockets of the owners and it
just exacerbates the problem which is purported
to be its justification. It prevents development of
local expertise in that the education expense that
would be incurred by individuals in pursuit of the
field in question is not amply rewarded. And so
they venture into other areas of expertise
like ballerina dancing and "women's studies".

There is no way in hell that H1B would serve to
"enable them (the common people of the sovereignty)
to provide such a revenue or subsistence for
themselves", and it undermines the "comparative
advantage" of the nation importing the workers.

> >
> I will readily admit that our problems
>> are not _caused_ by _real_ free trade in goods.
>
> And there ya go. I'm dealing
> with definitions, not transient political
> problems.

Politics and economics cannot be separated.
The problems we have are caused by Pinocchio
deficit spending, H1B visas, and illegal immigration.

> Nobody who told the truth could get
> elected - and that's as far as it goes.

True enough. Any person who would attempt to
tell the truth will be corrected by an army of bought
and paid for neoconomists.

> <snip>
>> This stupidity that is spooned around concerning
>> the idea of wealth not being zero sum is again
>> a misrepresentation by neoconomists in that
>> there are two dimensions of wealth. There is
>> wealth = goods, and there is
>> wealth = the power to command the labor of
>> others. The first dimension is not zero sum,
>> but the second dimension certainly is. Adam
>> Smith never once had to deal with the loss of
>> control over the internal affairs of his nation.
>> But if he had been presented with H1B he
>> would most certainly have rejected it as
>> counterproductive.
>>
>
> He would have embraced it if it was
> a good example of comparative
> advantage.

But, of course, it wasn't/isn't.

>> What we have and what we will apparently
>> continue to have is the result in a crippled
>> democracy in which the controlers of
>> information can lie at will.
>>
>
> Well, that's a *politics* problem, but
> not a very political-economy problem.

But it is the neoconomists that are doing the lying.
They are not _supposed_ to be politicians.

> <snip>
>>
>> Not in a true representative republic. But you can
>> certainly counter that our republic has been
>> disemboweled to the point that it is most certainly
>> not representative and that your point is therefore
>> quite valid.
>
> Ah, but *it is representative*. This is the
> old democracy demon problem again.

Nope. It is not representative of a well informed
populous. The majority want an end to illegal
immigration, for instance. Most who know what
H1B is would want it stopped. Most want the
Iraq war stopped and based on what they know
today they would never have ever supported it.
It is important to understand that the majority
did not want Pinocchio to have the power to
invade Iraq. Not EVER.

>> It is that Republican self fulfilling
>> prophecy stuff again. There was one tiny hole
>> in the constitution that allowed the congress to
>> become aristocratic. And the political parties
>> took advantage of that small hole to destroy
>> representation for the common people. Thus
>> the middle class people are the powerless and
>> they are more powerless every day. As population
>> continues to rise, only the very aristocratic will
>> hold any power at all.
>>
>

Referring to H1B as an example of "comparative
advantage" is one example of the duplicity of the
economics "profession". Another is this attempt
to brand any individual who wants to remain free
of foreign control an "isolationist". Another is
the branding of any person who wants to preserve
American culture and to stop illegal immigration
as a bigot or a racist.

--
"I know no safe depository of the ultimate powers
of society but the people themselves; and
if we think them not enlightened enough to
exercise their control with a wholesome
discretion, the remedy is not to take it from
them, but to inform their discretion by
education." - Thomas Jefferson
http://GreaterVoice.org


.

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