Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Well, one thing economists don't seem to get is that modern multinational corporations are very different to the industrial corporations of the 1700s or even 1900sin terms of control, sources of capital, organization etc. The ground is shifting under our feet even if it doesn't seem like it. The process of metrics for example, changes white collar work in those companies into something much more akin to being on the line.

And what I'm taking from Gintis is not that the current mode of economic organization is secure, but that the easy answers "progressives" have come up with may not be all that adequate. I could have read that passage from Klein and just nodded last year, and now I'm wondering whether it really has any substance.

Here's a good counter-argument.

by rootless2 on Sun May 29th, 2011 at 09:28:22 PM EST
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