Price to Liberalisation's "Losers" Likely Will Be Huge Numbers of Deaths From Stress

[Baobab]

Deregulation and services liberalisation efforts such as the ongoing ones here, are understood to come at a cost, to the indigenous workers in developed countries, society, even as they channel increased wealth from the losers to the already wealthy.

The last 30 years has brought a new understanding of stress and its effect on the body which many Americans remain unaware of, People should realize that certain kinds of stress are extremely dangerous. They kill a great many people.

http://www.hsph.harvard.edu/magazine-features/failing-economy-failing-health/

[yurbud]

1. shouldn't deregulation and privatization be shortened to cronyization?

[Baobab]

2. Actually one of the main pro arguments services liberalisation is that it prevents discrimination by

country by filtering all government procurement through global e-bidding systems. Suppose you are a state or city and you want to build a bridge. the old system might allow you to channel the work on that bridge to favored local contractors, under WTO GPA and its ilk you have to let the entire rest of the WTO (or other trade deal) bid on it and if they come in with the winning low bid and are qualified to do the work you have to let them do it.


The process of opening up the services markets is called "Progressive" (defined as one way, irreversible) "liberalisation" Liberalisation is basically disinvestment, the government gets out of business doing things and instead private firms do them for profit. Whatever assets that are held communally by countries are sold off to corporations to run, for profit. the government stops any involvement in trying to set polcies, irreversibly and corporations get a right to sue them if they make any policy that impcts their profits without compensating them in advance.

Any domestic regulations that stand in the way of increasing international trade have to be disciplined if challenged. Some may say, "doesnt this go against immigration laws"? it must be made clear that since this is all temporary it doesnt. its non-immigration. Corporations get to use intra-corporate transfers. nobody travels from one country to another to look for work, they all already have a job with their multinational employer, call them "SchoolsCo" or "NursexCo" for example.

Wages are an open question, its possible that the skilled workers may not be covered under the host country's wage laws, but they would be subject to their working conditions laws, so unless they are horrible for your own workers they wont be horrible for the international subcontractors. Wages may be very low compared to similar work, or not, some countries dont want wage parity, they want to be cheaper.