Governments should compete for residents, not businesses
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Re: Governments should compete for residents, not businesses
#2Re: Governments should compete for residents, not businesses
#3This is pretty silly because governments do compete for residents. Having jobs is a major part of attracting new residents unless you are a (sub)tropical paradise. A business that doesn’t employ anyone or consume any inputs from other state businesses is not going to be a particularly interesting business to incentivize.
Re: Governments should compete for residents, not businesses
#4This is pretty silly because governments do compete for residents. Having jobs is a major part of attracting new residents unless you are a (sub)tropical paradise. A business that doesn’t employ anyone or consume any inputs from other state businesses is not going to be a particularly interesting business to incentivize.
Case in point, Honolulu has a cost of living on par with (or exceeding) New York, SF, etc, but with wages on par with an average mid sized midwestern city.
What this means is people who were born and raised on the island either live with parents or move to the mainland
Re: Governments should compete for residents, not businesses
#5This is pretty silly because governments do compete for residents. Having jobs is a major part of attracting new residents unless you are a (sub)tropical paradise. A business that doesn’t employ anyone or consume any inputs from other state businesses is not going to be a particularly interesting business to incentivize.
Re: Governments should compete for residents, not businesses
#6The most common example for the Americans reading this is NAFTA, which makes workers in Detroit compete with workers in Mexico (suppressing wages in both location) while allowing the auto manufacturing companies to treat all of North America as one market. Toyota can move their plants around the region somewhat freely; can someone in Mexico freely move to the midwest?
Re: Governments should compete for residents, not businesses
#7This line of thinking comes up often on HN but it ignores the central reason for governments to enact borders, a rather modern invention. Governments (at the behest of businesses) enforce borders so that labor cannot effectively organise. A border exists often for workers only, but is mostly a legal fiction that corporations can easily navigate. The most common example for the Americans reading this is NAFTA, which m…
Re: Governments should compete for residents, not businesses
#8This is pretty silly because governments do compete for residents. Having jobs is a major part of attracting new residents unless you are a (sub)tropical paradise. A business that doesn’t employ anyone or consume any inputs from other state businesses is not going to be a particularly interesting business to incentivize.
Re: Governments should compete for residents, not businesses
#9Re: Governments should compete for residents, not businesses
#10This line of thinking comes up often on HN but it ignores the central reason for governments to enact borders, a rather modern invention. Governments (at the behest of businesses) enforce borders so that labor cannot effectively organise. A border exists often for workers only, but is mostly a legal fiction that corporations can easily navigate. The most common example for the Americans reading this is NAFTA, which m…
I don’t understand how Supply side wage competition would be alleviated by allowing workers to move freely between countries. It seems like it could potentially make it worse for higher wage regions of the world?