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To: A. Pole
What about Ricardo's Law of Wages Stabilizing at Subsistence Level?

Interesting. From your link:
In a compelling three-part series of articles first published in India, Huck Gutman, a visiting Fullbright professor at Calcutta University, paints a troubling picture of a global economy that increasingly relies on a desperate workforce, which, compelled by circumstance and vulnerable to exploitation, is forced to toil for subsistence wages.

Now, are these desperate workers living under a system of too much (gasp) freedom or too much government control?

340 posted on 09/20/2005 9:33:28 PM PDT by Toddsterpatriot (If you agree with Marx, the AFL-CIO and E.P.I. please stop calling yourself a conservative!!)
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To: Toddsterpatriot
You are grasping at straws/links. I used a link as a sample reference. If you respect Ricardo so much, why don't you give HIM the credit for his law of Wages Stabilizing at Subsistence Level?

Or are you denying that Ricardo formulated this law?

341 posted on 09/20/2005 9:37:48 PM PDT by A. Pole (Gov.Gumpas:"But that would be putting the clock back, have you no idea of progress, of development?")
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