11 Reviews
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 warrenbailey rated 4 days ago- Free Market Viewpoint reigns here - good Economic posts.
- impediment rated 4 months ago
- Looks like you have excellent links. I'm writing this as a reminder to read more of your posts.
- savamizz rated 4 months ago
- great variety of stumbles, complete with plenty of commentary. lots of excellent material overall. kick ass.
- flyinglungfish rated 4 months ago
- Discovered my favorite stumble of the month, the big eye-opener about Machiavelli. MAN, that was good.
- oneparkavenue rated 7 months ago
- guy stumbled a story i read in newsweek about walmart in michigan
- saeco rated 8 months ago
- Good gambling related sites collection
- MicaR rated 11 months ago
- Intelligent, well-written blog. Good job.
- tobefitalex rated 14 months ago
- I really like this page... Great job!
- stevedtrm rated 16 months ago
- www.economist.com/world/na/displaystory.cfm%3Fstory_id=9340166
Since my political awakening I have identified real world analogues to evil and to good. This article is the real world analogue to evil. It deceives in the most profoundly deep manner, and succeeds at it. The people reveiwing this article below positively have been horribly horribly deceived. It makes NO detailed formal attempt to resolve the apparent conflict in interests between wages going down and prices you pay at the store going down too. I almost cry with rage when i read senorsam, chlim, and Aldes comments.
Aldes writes:-
"Another reason economics classes should be mandatory."
This guy has actually such a feeble grasp of economics that he thinks this article has something to teach, and thinks he is learning economics because hes reading the economist.
The economist is ONLY to be admired in that it has reached the dizzying heights of being the worlds most sophisticated deceit journal. Serious students could use the economist as a model of deceit.
I sincerely suspect that he has a full time job, leaving no time or energy for focussed reflection. The economist relies on your having little or no energy left from your wage slavery when you reach this article.
The solution to the conflict presented in this article is that foreign labour DOES cause both wages AND store prices to go down, by improving competition. Now you have to compete with a guy who only gets 2 toilet breaks every 24 hours, and works 18 hours a day for less than a dollar. He doesn't have any rights, and you get to compete with him in a more competitive market. This forces prices AND wages down. The net effect on the average employee is small Because as his wages go down (his labour is now worth less due to the massive supply of cheap foreign wage slaves), the prices he pays in the shops also goes down. The owners of the US/UK/EU economies DONT compete. They own HUGE natural resources. Their income remains the same (or greater, because wage slaves can offer no resistance to their conquest of further natural resources). yet their prices go down dramatically. The ruling class wants this to screw the workers of the world, and the core root problem is that they claim the right to own natural resources. So while you try and break some poor Chinamans rice bowl because he took your job, they build another death star to keep us all in line. and this time the death star costs $9.99 from walmart with a "made in china" label on it.
- SofieFaulkner rated 12 months ago
- Wandered through ... interesting blog smile > Had a nice stroll.
Thanks
Sofie.
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