DominiConnor
Quant Headhunter
- Joined
- 9/6/06
- Messages
- 1,051
- Points
- 93
OK, a worked example, good
I wouldn't set it up there unless proximity to clients was imperative.
Firstly of course proximity is an issue for many kinds of business, and the banking / media cluster is critical to that.
But my model predicts an levelling out of the playing field. Wage rates for skilled people in China and India are rocketing. When we talk of policy for people entering university next year, the market we are talking about includes the 2020s and 2030s as well as the 2040s. By then wage differences for skilled people will be nearer parity, and more driven by network effects which are largely a function of where skills can be sourced.
>What's happening with globalisation is that not only are white populations buggered
Lazy fat people get buggered, watch me cry over that. My sympathy for people who think faith and doing a course in media studies will sustain them is zero.
>Thus, average calorific content has actually gone down in India over the last 20 or 25 years
Sorry, what ?
'Average' in the context of India is a wholly useless measure of nutrition. One obese person plus a kid dead from starvation does not equal healthy. You knew that already, stop being silly.
>Then why not change the paradigm to a protectionist one?
Just so many reasons. First of all corruption. The protections will be those that generate the highest rent for decision makers. That means prices go up and jobs still get lost.
Also it makes your home industries lazy, and that leads to cosy cartels, that need propping up by the state. You claim to be a socialist, yet seem to see the owners of businesses through rose tinted glasses. If they don't have to compete, they won't.
Rentiers and finance capitalists might do well out of globalisation -- but I don't think anyone else does.
Almost everyone has done well out of it, except socialists who've had their faith discredited. You didn't even read my post. I accepted that it can be a way of becoming a way of becoming developed, it's just flat mad once you are.
Think of it as diet.
A baby needs a diet rich in fat, so high that it would seriously clog up your bloodstream if you tried it as an adult.
As before I only see market forces as useful when the players are in a position to make good choices. The choosers in education aren't.
I wouldn't set it up there unless proximity to clients was imperative.
Firstly of course proximity is an issue for many kinds of business, and the banking / media cluster is critical to that.
But my model predicts an levelling out of the playing field. Wage rates for skilled people in China and India are rocketing. When we talk of policy for people entering university next year, the market we are talking about includes the 2020s and 2030s as well as the 2040s. By then wage differences for skilled people will be nearer parity, and more driven by network effects which are largely a function of where skills can be sourced.
>What's happening with globalisation is that not only are white populations buggered
Lazy fat people get buggered, watch me cry over that. My sympathy for people who think faith and doing a course in media studies will sustain them is zero.
>Thus, average calorific content has actually gone down in India over the last 20 or 25 years
Sorry, what ?
'Average' in the context of India is a wholly useless measure of nutrition. One obese person plus a kid dead from starvation does not equal healthy. You knew that already, stop being silly.
>Then why not change the paradigm to a protectionist one?
Just so many reasons. First of all corruption. The protections will be those that generate the highest rent for decision makers. That means prices go up and jobs still get lost.
Also it makes your home industries lazy, and that leads to cosy cartels, that need propping up by the state. You claim to be a socialist, yet seem to see the owners of businesses through rose tinted glasses. If they don't have to compete, they won't.
Rentiers and finance capitalists might do well out of globalisation -- but I don't think anyone else does.
Almost everyone has done well out of it, except socialists who've had their faith discredited. You didn't even read my post. I accepted that it can be a way of becoming a way of becoming developed, it's just flat mad once you are.
Think of it as diet.
A baby needs a diet rich in fat, so high that it would seriously clog up your bloodstream if you tried it as an adult.
As before I only see market forces as useful when the players are in a position to make good choices. The choosers in education aren't.