quote:
Manufacturing in North American is on it's last legs and our labour rate and productivity is the cause.
BS. Anyone who looks at what's happened in the last 30 years can see that government policies designed to expand corporate investment into cheap labour sweatshops under dictatorships of various kinds in order to generate quick cash fall profits for elites corporate heads, shareholder clubs and banks.
http://www.alternet.org/story/12447/
[URL] http://www.j-bradford-delong.net/movable_type/2005-3_archives/000019.html[/URL]
[/URL] http://www.independent.org/publications/working_papers/article.asp?id=1369[/URL]
Has the cost of living in North America gone down as the result of the destruction of the manufacturing sector and imports from Third World sweatshops?
Nope, it's gone up, as has wide-spread personal and consumer debt and declining consumer savings and retirement security. People are getting poorer. That's what happens with the declining percentage of the unionized work force.
[URL] http://www.epinet.org/newsroom/releases/2006/060124Faux-pr-final.pdf#search=%22Declining%20North%20American%20Living%20Standards%22[/URL]
[URL] http://www.epinet.org/static/books_swa2004_main.cfm[/URL]
Those products themselves are not much cheaper. But the huge mark-ups are a massive free lunch for corporate tyrannies.
[URL] http://rfs.oxfordjournals.org/cgi/content/abstract/14/3/805[/URL]
[URL] http://papers.nber.org/papers/w5862[/URL]
But just how stupid and destructive these types of crony capitalist economics are was proven again with the Asian crash of the late 1990s, which sent resource commodity prices into a tail-spin. That whole crash, according to at least three economic reports by the US government, was that some big time investment bosses realized that, thanks to falling wages and declining spending power, North American consumer markets were hardly expanding at all (and still aren't very much)--to the point that they were stagnant relative to the huge capital and finance investment in Third World sweatshop production.
That meant these greed-heads realized that the slow consumer markets would not allow for profitable rates of return on all those trillions of dollars taken out of the relatively higher wage economies here over the years by corporate bosses and invested in the Third World.
SO all of a sudden, they all wanted to pull their cash out of Asia and buy up Green Backs, driving up the US dollar and threatening to push interest rates up to depression era levels.
[URL] http://www.sustainabilityinstitute.org/dhm_archive/index.php?display_article=vn731asiaed[/URL]
[URL] http://www.economist.com/displayStory.cfm?story_id=1866973[/URL]
[URL] http://home.flash.net/~comvoice/16cAsia.html[/URL]
That's when guys like Allan Greenspon of the US Federal Reserve, defied the IMF and World Bank and lowered interest rates and to hell with inflation worries. Everyone else followed suit, and that's why the whole industrialized world hasn't collapsed.
The Asian crash was a warning. Since then wages and living standards in North America have continued to drop, as have personal savings and retirement security, and personal debt is at an historic high--as the labour movement, especially in the US, has been largely unable to reverse this trend due to harsh repression by corporate tyrants and their puppet governments.
The next one that hits is going to be a whopper of a crash--thanks once again to the greedy profiteering parasitic tyrannies that dictatorially control our economy and their puppet right-wing regimes.
But, again, in the long term, all is not lost.
According to the ILO, labour militancy and union membership and innovation are on the rise, especially around the fundamental of democratizing businesses and the economy and social democratic reforms.
http://www.ilo.org/
In Thailand, Singapore, Vietnam and even China itself, increased union activity and interest in worker ownership and community based business is on the rise. And in places like Japan and Korea, after taking a hammering in the 1990s, union rates are up and wages rates and living standards are either rising or generally holding their own overall (depending on the sector).
Throughout South America, increased union membership and the resulting elections of social democratic and center-left coalition governments in these newly emerging states has started a slow but relatively steady rise in living standards and personal a political freedoms—and economic democracy, to one extent of another, is an express part of their electoral mandates. (especially in Argentina with outright worker take-overs of factories and Venezuela, where the government is investing huge sums of capital in financing worker buy-outs and cooperative development).
Even in parts of Africa and Eastern Europe, and in a more structured way in Italy, france, Spain and Holland this is happening in various ways with the usual results of increased living standards and working conditions and greater economic and personal freedom.
So dream on, you corporate apologists and anti-union flakes. Your totalitarian corporate capitalist utopia has been pushed on everyone for the last 400 years without success—and it obviously will never succeed, because it was never meant to.