I won’t
talk about quota values.
That’s none of my
business. Nor will I talk
about the “early retirement”
of dairy producer and hard-line
militant, Jean-Luc Leclair,
which is a sad affair. However,
I will talk to you a bit
about democracy and a lot
about globalization turncoats.
And one day, if you can
still stand to have me around,
I will talk to you about
reasonable accommodations
at the sugar shack!
The dairy producers I’ve
known – I used to
be a senior economist for
their federation in the
mid 1980s – were all
very bright. And despite
the infamous and turbulent
milk war, they successfully
brought peace back to the
rank and file. And now,
twenty years later, they
repeated this brilliant
undertaking.
In fact, they held their
yearly meeting a few weeks
ago. It was a great and
grand event, a meeting where
all delegates were incredibly
well-mannered and both sides
calmly and eloquently stated
their points of view: either
you control quota prices
or you don’t? A somewhat
emotional debate, nonetheless
a long debate for which
the voting results provided
us with a perfect example
of healthy democracy. Once
again a far-reaching collective
victory that will serve
the dairy industry’s
superior interests.
When a free-market guru
sounds the alarm, we should
all listen. Alan Blinder,
none other than the
former vice-president of
the Federal Reserve and
renowned Princeton economist,
is worried about the impact
of globalization on economists,
accountants, and computer
specialists who may lose
their jobs due to corporate
relocation. Horrified, he
declares that the technology
that allows India’s
white collar workers to
work for cheap is an increasingly
pervasive trend. He states
that the transfer of these
paid services toward India
or Indonesia could affect
more than 40 million ‘hard
working’ Americans.
Hello!
As long as plant workers
and farmers were the only
people affected, globalization
was lauded as a wonderful
step forward for mankind.
Blinder was exactly the
kind of economist who, with
his customary compassion
and on behalf of all exploited
consumers, spoke of the
absolute necessity of adapting
to these new trade rules.
In fact, this same school
of thought must be the inspiration
behind the rantings of the
University of Saskatchewan’s
Sylvain Charlebois who,
from within the walls of
his academic fortress, mercilessly
assails supply management.
Speaking of clowns, let
me reassure you: professor
Blinder is not one of them.
His credibility in the field
and his academic legitimacy
are world renowned.
He is the author or co-author
of 17 books, including a
textbook (Economics: Principles
and Policy), which is in
its 10th edition and was
probably a main source of
“torment” for
more than 2 million university
students. He wrote numerous
scientific publications
and news articles (with
an acerbic wit), in addition
to being a popular and sought
out primetime commentator.
Furthermore, he was an economic
consultant to former President
Bill Clinton.
With the drop in popularity
of President Bush and the
Republican party, traditionally
“protectionist”
democrats, who are closer
to the common ‘man’
and the middle class, are
closing in on government.
And they simply ate up Blinder’s
book.
This is worrisome to Pascal
Lamy, the French Director-General
of the WTO. He would rather
conclude the interminable
Doha development round before
2008 because he knows that
with a democratic government
leading America things are
going to get a lot more
complicated. A good point
for supply management, which
needs all the support it
can get since it is now
more isolated than ever
on the international landscape.
Please forgive me, it’s
getting late. I’m
off to read the latest edition
of the New York Times in
which professor Blinder’s
most recent literary exercise
is summarized. I’m
pretty sure this is going
to be a good night.