Zzarhov
"Labour is as much a means of production as raw materials and machinery is. If workers choose to work somewhere else (and they can) the "capitalist" is out of luck."
So, not a week goes by without reports--by the capitalist media no less--about more global outsourcing. If you haven't got the handle on that yet, it means relocating the production of commodities in another country, mainly, China.
First, machines were sent to South Korea to manufactor athletic shoes--supplying over 90 per cent of the US market. Labor was cheap. Gradually the price of labor went up. The machines were moved to China were labor was cheaper and now some went to Vietnam were labor is cheaper yet.
That is a sample of what is going on in all the production industries. Are the US displaced workers stampeading to those countries to, as you say, "choose to work somewhere else," and as you emphasis, "((and they can)."
As you say, the "capitalist are is out of luck."; far from it, the world labor market is at his or her disposal.
You said"
"Take a basic economy course about supply and demand curves at your local college."
Sorry, I never learned much from professors, they were usually behind the times or not applying knowledge to the changing times. I venture to say that I can, by keeping up to date with current events and informative reports that I can hold my own with the best of them. If you have one in mind, put us in touch with each other, most likely I will be able to throw a curve at him or her.
I am just itching to have a crack at it.
Don