Re:Economists don’t understand much about the macroeconomy
by SiempreViernes on Thursday September 19, 2019 @10:02AM
(#21016226)
Globalisation is a term describing the deregulation of goods and capital, it is not at all related to migration.
The millions of people that have been lifted out of poverty in India and China are obviously still there, they haven't migrated. Globalisation is said to have helped people out of poverty by the increased flow of capital it represents, not by literally having them all move to richer countries.
In the face of the daily deaths along the "illegal" migrant routes, the idea that globalisation has made personal movement easier is unfounded.
The millions of people that have been lifted out of poverty in India and China are obviously still there, they haven't migrated. Globalisation is said to have helped people out of poverty by the increased flow of capital it represents, not by literally having them all move to richer countries.
In the face of the daily deaths along the "illegal" migrant routes, the idea that globalisation has made personal movement easier is unfounded.