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And I don't think striving, as a state, to be the best you can be should be considered nationalist, at least as long nationalist has a negative connotation. I'd rather use a more positive word, like patriotic. Working for your country without kicking the shit out of other countries.
And this quest of absolute advantage, aren't corporations doing that all the time? Didn't they do it even before capital started to flow freely? Isn't globalization just another structural change to which we'll successfully adapt, just as we did all those other times?
And from a humanist point of view, if you would like to call it that, doesn't the people in Slovakia and China deserve those high value-added jobs just as much as we do? And won't their wages constantly rise as their productivity rise, hence reducing their competitivness (that is, absolute advantage) and making it easier for us to oppose lower wages at home?
Af course, this would all happen in a dynamic way and in the long run, and in the long run we are all dead. Peak oil is not an energy crisis. It is a liquid fuel crisis.
Personally I have no problem with more European social and economic integration, but most Swedes would disagree with me. Especially those on the left. Peak oil is not an energy crisis. It is a liquid fuel crisis.
The neoliberals are pretty much the way you say, though the number of anti-EU libertarians (or libertarians at all) in Sweden can probably be counted on your fingers and toes. Peak oil is not an energy crisis. It is a liquid fuel crisis.
Under absolute advantage that's not good enough, you have to kick the shit out of your competitors because only being first in absolute terms works. Bush is a symptom, not the disease.
And you don't have to best at everything. Find your niche where you are the best, and keep it. That's what companies do anyway, so maybe this won't be that much of a change. Peak oil is not an energy crisis. It is a liquid fuel crisis.
"Knowledge-based Value" is at the heart of it. "The future is already here -- it's just not very evenly distributed" William Gibson
I'm still no closer to a model of division of labour with unemployment.
?
(Thankyou for this thread BTW, you managed to express very well what I was too incoherent to be able to explain/persuade anyone of in the modeling thread all those months ago.)
Molecules (people) are absorbed and released by the reservoir according to the pressure in the chamber and the size of the reservoir (amount of economic activity and number of unemployed) along with an assumed NAIRU?
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