I’m reading @JosephEStiglitz‘s new book, “People, Power, & Profits”.

Really appreciate this point about globalisation & wages:

It’s not just that wages are cheaper overseas, but our trade agreements give companies stronger rights if they invest overseas than at home. #ISDS pic.twitter.com/2vLq83cMBR

— Alice Evans (@_alice_evans) April 23, 2019

It’s not just market forces: We have been subsiding offshoring and labor arbitrage for years.