Wednesday, November 09, 2005

A Blip on the French Riots

The Smirking Chimp: "Stephen Pizzo: 'French fires'
Posted on Wednesday, November 09 @ 09:55:32 EST (994 reads)


In the French riots, it's poor immigrants making all the noise. Here, it will be American workers who had a taste of middle-class life, only to have it snatched away.

Stephen Pizzo, AlterNet

How do you explain the rioting that is happening in France? Two words: cheap labor. France, like most other mature Western economies, has embraced cheap labor from underdeveloped countries. That flood of cheap labor has, at least until now, served both corporations and consumers. Corporate earnings are up across the board, for example."

See the article for a more thorough, and enlightening, explanation.

No comments: