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Old 7th Aug 2007, 21:17
  #65 (permalink)  
Re-Heat
 
Join Date: Dec 1999
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No, you were talking about manufacturing jobs that have been lost from the UK in your first post - if unemployment declines in the UK (which it has), these jobs have clearly been replaced, and that is with new jobs in service industries instead.

So long as net employment is unaffected - in fact globalisation has benefitted us - it matters not where manufacturing jobs are now performed, as the service industries that now dominate the UK better fit the skills of the population, and result in sustainable, profitable industries.

I'm afraid that the rest of your post is alarmist claptrap.


Search the internet for the "Guns and Butter" economic theory of globalisation - it should explain to anyone why such specialisation and globalisation benefits us all, and is based upon some very simply calculations.
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