Re:The real problem with the economy is that it doesn't need...
by yannis on Tuesday September 22, 2009 @05:26AM
(#836604)
Consider the following EU definition of a free economy:
The freedom of movement for workers is a policy chapter of the acquis communautaire of the European Union. It is part of the free movement of persons and one of the four economic freedoms: free movement of goods, services, labour and capital.
But of course is only applied within the European Union. Foreign workers can actually expand an economy - not contract it (See US, Austalia, Canada). By restricting immigration, the jobs get exported rather than stay home. Would a more permissive immigration policy by the US have kept these jobs home? I believe it would. The world now has reached a stage where goods, services and capital almost move freely but not the last resource the labour. By slowly opening the gates the world will slowly adjust to a new Global Economy.
The freedom of movement for workers is a policy chapter of the acquis communautaire of the European Union. It is part of the free movement of persons and one of the four economic freedoms: free movement of goods, services, labour and capital.
But of course is only applied within the European Union. Foreign workers can actually expand an economy - not contract it (See US, Austalia, Canada). By restricting immigration, the jobs get exported rather than stay home. Would a more permissive immigration policy by the US have kept these jobs home? I believe it would. The world now has reached a stage where goods, services and capital almost move freely but not the last resource the labour. By slowly opening the gates the world will slowly adjust to a new Global Economy.