Reply With Quote
You were referring to manufacturing jobs sent overseas. Are those operations temporary? You seem to think that's rather permanent.
Natural resources, you know commodities. In this growingly resource-strapped world, third-world countries can sell them on the world market to improve the nation's standard of living, advance the education of their citizens and receive cheap loans from the World Monetary fund to help build infrastructure. Instead, right now, foreign companies come in, exploit the indigenous poor, damage the environment, take what they need, reek their profits, and leave.
All it would take is one major investment by the world’s economic super powers and we truly would have a global economy.
You were referring to manufacturing jobs sent overseas. Are those operations temporary? You seem to think that's rather permanent.
Other ideas for the development of a real world economy are covered well in the book by C. K. Prahalad, The Fortune At The Bottom, Eradicating Poverty Through Profits. In the book, the author proposes a very promising business myth that could transform the world's economy.
Here's the math that I was surprised to not see in the book: the top billion people that business focuses on are worth less than a trillion in potential sales. The bottom four billion, with less than $10 a year in disposable income, are worth four trillion in potential sales.
In combination, Prahalad and Hart make it clear that business suffers from the same pathologies as the Central Intelligence Agency and other bureaucracies: they are in a rut.
As the U.S. Department of Defense is now discovering, its $500 billion a year budget is being spent on a heavy metal military useful only 10% of the time. Stabilization and reconstruction are a much more constructive form of national defense, because if we do not address poverty and instability globally, it will inevitably impact on the home front. This author has presented the most common sense case for turning business upside down. He can be credited with a paradigm shift, those shifts that Kuhn tells us come all too infrequently, but when they come, they change the world. It may take years to see this genius implemented in the real world, but he has, without question, changed the world for the better with this book, and made global prosperity a possibility.
That's tangetially related to this discussion, but let's get back to the core of the matter: what is your solution for dealing with increased labor market compe ion from abroad in the US?
Companies have no responsibility to guarantee or protect their employees' jobs.
Companies MUST use the cheapest inputs. There is no solution to US, or any country's, jobs being exported to countries where employees are cheaper, or to companys elminating every job as soon as possible. Productivity goes up, headcounts go down. There is no problem to solve. That's just the way capitalism works.
And USA infatuation with "low-fat" crap hasn't stopped the overweight/obesity epidemic. Now, junk food mfrs can quit playing the low-fat game and start making tasty, fatty junk food so we can get fatter faster and cheaper!
It was only my *hope* that that would be the reason...that people just quit eating there period, not just switching to low-fat options.
I agree with you on this one. All countries lose jobs. Companies like
the big three who have gotten stuck with "job security" contracts are
reaping the wind now.
When people in America complain about economic conditions, loss of jobs, a poor working environment, etc, etc, I lay back and laugh.
You have no idea how easy you guys have it.
There are currently 1 users browsing this thread. (0 members and 1 guests)
Posting Permissions
