You know trade liberalization is a one way street, don’t you?
Deregulation goes one way, basically treaties require the continuous one way abolition of rules and limits on global corporations. So don’t think that for example, the things Trump is doing would be reversed by a Democrat or Republican, in the future.
Say in 12 years as you imply.
How could they give corporations new property and then take it back from them?
Our country is heavily behind the increasing of competition.
Read up on World Competition Day.
Efficiency gains. At Amazon’s subcontractors, to give an example, incoming employees are paid much much less. Amazon’s subcontractors do this a lot, many of the firms hail from Africa, some of their managers are very well educated. Even from Oxford, for example, they stay for a few years to earn a sum that seems awfully low considering how hard they work, and then go back home. This is basically the future of work. Big multinationals that move employees, even low paid ones, all around the world to save money.
A big shift in terms of employment to parts of the world where wages are the lowest. This is more profitable.
Global value chains. Small businesses are highly inefficient. Look at how many people must do jobs that automated would require nobody.
Its much cheaper to have global firms come in and do all the drudge work. The economics of scale favors huge firms and global work forces.
This is the future. This will not change in 12 years.
Or not, (//sarcasm)
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