Not that simple

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Post #61,533 by jake123 11/6/02 10:09:21 PM 11/6/02 10:09:47 PM Reply	Not that simple Sure, a lot of jobs have moved south. Net capital flow has been out of Mexico and into the US, though... look who owns all those factories in the maquilladora. What you're really seeing there is part of the net flow of money from the middle class (who held those aforementioned jobs, but are now too expensive for the ol' profit margin) to the business elites (who still own the means of production involved, but are paying a lot less for the labour to get the things made). You don't think the devaluation of the peso was an accident, do you? --\n-------------------------------------------------------------------\n* Jack Troughton jake at consultron.ca \n [link\|http://consultron.ca\|http://consultron.ca] [link\|irc://irc.ecomstation.ca\|irc://irc.ecomstation.ca] \n Laval Qu\ufffdbec Canada [link\|news://news.consultron.ca\|news://news.consultron.ca] \n------------------------------------------------------------------- Edited by jake123 Nov. 6, 2002, 10:09:47 PM EST Not that simple Sure, a lot of jobs have moved south. Net capital flow has been out of Mexico and into the US, though... look who owns all those factories in the maquilladora. What you're really seeing there is part of the net flow of money from the middle class (who held those aforementioned jobs, but are now too expensive for the ol' profit margin) to the business elites (who still own the means of production involved, but are paying a lot less for the labour to get the things made). You don't think the devaluation of the peso was an accident, do you? -- ------------------------------------------------------------------- Jack Troughton jake at consultron.ca * * [link\|http://consultron.ca\|http://consultron.ca] [link\|irc://irc.ecomstation.ca\|irc://irc.ecomstation.ca] * * Laval Québec Canada [link\|news://news.consultron.ca\|news://news.consultron.ca] * ------------------------------------------------------------------- Collapse All History
Post #61,539 by a6l6e6x 11/6/02 10:21:32 PM Reply	Re: devaluation of the peso. It's not market forces? :) Alex "I have a truly marvelous demonstration of this proposition which this margin is too narrow to contain. -- Pierre de Fermat (1601-1665)
Post #61,554 by jake123 11/7/02 12:35:25 AM Reply	What do you think? --\r\n-------------------------------------------------------------------\r\n* Jack Troughton jake at consultron.ca \r\n [link\|http://consultron.ca\|http://consultron.ca] [link\|irc://irc.ecomstation.ca\|irc://irc.ecomstation.ca] \r\n Laval Qu\ufffdbec Canada [link\|news://news.consultron.ca\|news://news.consultron.ca] *\r\n-------------------------------------------------------------------
Post #61,686 by a6l6e6x 11/7/02 2:42:44 PM Reply	Well, if there was one controlling force, we would know it. I suspect there are many forces at play. Devaluation of the peso is certainly motivation for the illegals. Yes, and it makes it easier for Walmart and Home Depot to buy up Mexican stores and for IBM to get their PCs assembled. It should also make Mexican tomatoes more attractively priced in the US. Alex "I have a truly marvelous demonstration of this proposition which this margin is too narrow to contain. -- Pierre de Fermat (1601-1665)
Post #61,695 by jake123 11/7/02 3:46:26 PM 11/7/02 3:47:05 PM Reply	Yeah, after all, farm workers are much better paid than factory workers. Ask all the people who used to make cars in the US if they're better off or not. It doesn't take a "single source". It only takes a confluence of interests and power. --\n-------------------------------------------------------------------\n* Jack Troughton jake at consultron.ca \n [link\|http://consultron.ca\|http://consultron.ca] [link\|irc://irc.ecomstation.ca\|irc://irc.ecomstation.ca] \n Laval Qu\ufffdbec Canada [link\|news://news.consultron.ca\|news://news.consultron.ca] *\n------------------------------------------------------------------- Edited by jake123 Nov. 7, 2002, 03:47:05 PM EST Expand All History

Mexico's foreign minister misses two points at the same time - (marlowe) - (14) - Nov. 6, 2002, 05:36:09 PM EST

The bastard is just holding out for an improved offer from.. - (a6l6e6x) - (13) - Nov. 6, 2002, 05:42:59 PM EST

Why wouldn't he be? - (jake123) - (10) - Nov. 6, 2002, 07:58:02 PM EST

Well, for one thing NAFTA, has moved a lot of jobs from US - (a6l6e6x) - (9) - Nov. 6, 2002, 10:05:35 PM EST

Not that simple - (jake123) - (4) - Nov. 6, 2002, 10:09:47 PM EST

Re: devaluation of the peso. It's not market forces? :) -NT - (a6l6e6x) - (3) - Nov. 6, 2002, 10:21:32 PM EST

What do you think? -NT - (jake123) - (2) - Nov. 7, 2002, 12:35:25 AM EST

Well, if there was one controlling force, we would know it. - (a6l6e6x) - (1) - Nov. 7, 2002, 02:42:44 PM EST

Yeah, after all, farm workers are much better paid than - (jake123) - Nov. 7, 2002, 03:47:05 PM EST

NAFTA is causing problems in Mexico too . . - (Andrew Grygus) - Nov. 7, 2002, 09:44:14 AM EST

growing middle class - (SpiceWare) - (2) - Nov. 7, 2002, 10:18:07 AM EST

That may be... but the country as a whole is worth... - (jake123) - (1) - Nov. 7, 2002, 11:20:08 AM EST

But isn't it remarkable that - - (Ashton) - Nov. 8, 2002, 06:21:34 PM EST

Well, maybe - (mhuber) - (1) - Nov. 6, 2002, 08:36:56 PM EST

Seconded.. __as in *D'Oh* ... ! -NT - (Ashton) - Nov. 7, 2002, 04:59:04 PM EST

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