One of my theories is that a lot of distortions and opportunities for arbitrage that we are seeing in the world today is because “Labor is not Globalized while Capital and Trade are “.However the Restrictions on the “Globalization” or in other words Free Movement of Labor is being reduced through the following trends<\/p>\n
Spain has been in the eye of the storm of the European sovereign debt crisis.It also faces one of the Highest Unemployment figures in Europe.This has been exacerbated by the rising trend of Global Labor Cost Arbitrage as labor from poorer Eastern Europe countries replace the more expensive local workers.<\/p>\n
Now, with the construction jobs gone, Mr. Rivera is behind on his bank payments and eager to return to the farmwork he left behind.<\/p>\n
But Spaniards have been largely shut out of those jobs. Those bent over rows of strawberries under plastic greenhouse sheeting or climbing ladders in the midday sun are now almost all foreigners: Romanians, Poles, Moroccans, many of them in Spain legally.<\/p>\n
\u201cThe farmers here don\u2019t want us,\u201d Mr. Rivera said with a defeated shrug.<\/p>\n
Local officials and union leaders say Mr. Rivera has it right. Farmers have been reluctant to take Spanish workers back \u2014 unsure whether they will work as hard as the foreigners who have been picking their crops, sometimes for a decade now.<\/p>\n
So far, only 5 percent of the pickers this year are Spaniards, said Diego Ca\u00f1amero, the head of one of Spain\u2019s largest labor organizations, the Field Workers Union, or S.O.C. He said the union was working to keep tempers from flaring and to persuade farmers to employ local people again, but with little success.<\/p>\n
\u201cThere is a sense of bewilderment among the Spanish workers,\u201d he said. \u201cThey say: Why do they let people come 5,000 miles, when we need the jobs?\u201d<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"
One of my theories is that a lot of distortions and opportunities for arbitrage that we are seeing in the world today is because “Labor is [\u2026]<\/span><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","content-type":"","footnotes":""},"categories":[28],"tags":[1251,1715,3313,4059,4441,5791],"class_list":["post-334","post","type-post","status-publish","format-standard","hentry","category-greeninvest","tag-cost-arbitrage","tag-employment-world-economy-world-markets","tag-labor","tag-poland","tag-romania","tag-wage-pressure"],"_links":{"self":[{"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/posts\/334","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/comments?post=334"}],"version-history":[{"count":0,"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/posts\/334\/revisions"}],"wp:attachment":[{"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/media?parent=334"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/categories?post=334"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/tags?post=334"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}