From Don Boudreaux over at
According to today's
Wall Street Journal, Barack Obama alleges that "Globalization and technology and automation all weaken the position of workers." If this presidential wannabe is correct, then some of the world's most prosperous workers must be the people in that newly discovered
-- persons with absolutely no contact with the global economy or with modern technology.
Less extreme cases, of course, include persons not so cut off from the world as these Brazilian tribes. Sub-Saharan Africans should be more prosperous than eastern Europeans, who, in turn, should be more prosperous than Americans and western Europeans.
Of course, if the facts don't follow this pattern, then I guess that Sen. Obama will soon publicly apologize for either misspeaking or admit that his thesis is flawed.
Comment: The Democrats have been bashing free-trade at every turn as if it were the worst thing since the plague: Attempting to re-negotiate free-trade treaties will not bolster our image either. And “fair-trade” is just a code word for protecting union interests over the interests of everybody else. Maybe if we all went back to running around in loin cloths and put an end to globalization and technology would we get the worker equality that Barack speaks of.