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Movie directors sometimes shoot two endings to a film, undecided about which to use until the very last minute. In the Casablanc
Movie directors sometimes shoot two endings to a film, undecided about which to use until the very last minute. In the Casablanc
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2015-05-10
36
问题
Movie directors sometimes shoot two endings to a film, undecided about which to use until the very last minute. In the Casablanca everyone knows, Ingrid Bergman leaves Humphrey Bogart, but in another ending Bogart got the girl.
In some ways, it feels like we’re in the middle of a movie made by some deranged economist, and we don’ t know yet if we’ re going to get the happy ending or the sad one. Does the rise of India and other developing countries supercharge global growth, or will all the new competition pull down wages in the industrialized world? Is this period going to be titled the The Bright Dawn or The Big Squeeze?
Certainly for workers in the industrialized world, the latest signs are troubling. Profits seem to be outpacing wages just about everywhere. As a result, from Japan to the US to Europe, labor is getting a smaller share of the economic pie. The numbers are pretty straightforward: In Japan, the share of national income going to workers dropped from 53.1 percent in 2001 to 51.1 percent in the year ending with the first quarter of 2005. In the US, the employee share of gross domestic income dropped from 58 percent to 56.8 percent. In Western Europe, workers’ share of national income dropped from 51.7 percent in 2001 to 50.5 percent at the end of 2004, before bouncing up a bit in the latest quarter.
An obvious and pessimistic explanation for this broad decline is the intensification of global competition, forcing formerly privileged workers in advanced countries to accept a lower standard of living. Harvard economist Richard Freeman has argued that the entry of China, India, and the former Soviet countries into the global economy has effectively doubled the size of the world’ s workforce. As a result, labor is relatively abundant, capital is relatively scarce, the returns to labor go down, and the returns to capital go up.
"Having twice as many workers and newly the same amount of capital places great pressure on labor markets throughout the world," writes Freeman. That "shifts the balance of power in markets toward capital, as more workers compete for working than capital."
This is the unhappy ending to the global economy story. However, the numbers are also consistent with another, much more upbeat ending. It could be that corporate restructuring efforts in Japan and Europe are finally taking hold, leading to higher profits and faster productivity growth, even as US companies continue their efforts to boost efficiency. And it could be that there’s just a lag before the productivity gains get passed on to workers in the form of higher wages.
So, will we get the happy ending or the sad ending? There’ s no way of telling yet—but hey, what fun is a movie with a predictable ending?
It can be inferred from the last paragraph that the author______.
选项
A、is pessimistic about the dim future
B、is optimistic about the bright future
C、is fascinated about the unknown future
D、is scared about the unknown future
答案
C
解析
最后一段最后一句话作者认为:一部结局没有悬念的电影有什么意思呢?可见作者认为未来经济的不确定性让人觉得有趣,而没有被这种不确定性吓到,所以应该选C。
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