Wednesday, November 20, 2013

Thomas Malthus (Eva Lindquist)

        Shifting jobs overseas is not the best possible solution for our economy. Here is my thinking: First of all, spreading jobs to other countries leads to them earning more money. As in David Ricardo's "iron law of wages", these new workers will spend it on raising bigger families, causing more overpopulation. This will mean that we as a country are causing problems for others by giving out jobs. Furthermore, the cheap labor and natural resources available will be directed towards the betterment of that country, not ours. The jobs given by our country will be fulfilled, but not for long. As the population grows, more people will need more jobs. At one point, they will run out of resources to keep up with the population and depend on other countries for help. They will no longer be able to take responsibility for the jobs we offered them. This means that we are back where we started, and have fewer resources available. If we kept the jobs at home, there would be little difference in the present levels of poverty and population. In the end, shifting jobs overseas will increase the poverty of our country and another.

2 comments:

  1. Karl Marx (Eleanor Fulghum)
    As much as I agree with the fact that this solution will not benefit our economy, I think that you must look at this from the view of the people as well. I understand that you feel that this could damage the economy, but realistically we should understand that the people are being exploited for labor. This solution would cause nothing but economic growth for entrepreneurs, but unfair labor for the proletariat class. I agree with your claim, yet this is far more damaging to the degree of a social class than an economic disaster.

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    1. Thomas Malthus (Eva Lindquist):
      I know what you mean, Marx, but the question did specify how overseas jobs would benefit the economy. I would have had a different answer had it pertained to how it would have affected the people. Instead, I tried to focus on the economy. Besides, you know that my views are less focused on the perceived good of the people, that I think overpopulation is more of a problem than is poverty.

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