• Cover Image

The Labor Divide

By: Sam Vaknin

...r medium and small businesses. It is considered by many economist to be a wasteful measure, based on the "lump of labour" fallacy. IIIg. Administra... ...g universities, shortages of books and lab equipment, and an intellectual wasteland. The European Commission had this to say last month: "The Commi... ...ent - and expensive - labor and environmental provisions in international treaties may well be a ploy to fend off imports based on cheap labor and t... ...profitably fill the vacuum left by the crumbling education systems. These wasteful preoccupations encourage in their followers an overpowering sense... ... a result, throughout the national economy. More simply: producers do not waste resources (capital), consumers and businesses pay less for the same ... ...e fittest survive. Those who are not fit to survive die out and cease to waste scarce resources. Thus, paradoxically, the poorer the country, the ...

Read More