Posted on 05/30/2015 6:17:38 AM PDT by SeekAndFind
The 2016 presidential-campaign season will bring all sorts of familiar proposals to create jobs in the U.S., but candidates who really understand today’s global economy should highlight a more surprising possible engine of new employment for Americans: China.
China’s middle class continues to grow, reaching an estimated 630 million people by 2022. Those consumers want better health care, world-class education and a cleaner environment. China itself will eventually be able to provide those services, but meanwhile, the Internet makes it possible for China to create and sustain American jobs.
Take health care. In 1994, a Chinese university student named Zhu Ling became mysteriously ill. Other students posted her medical details on the Internet, allowing Western doctors to help diagnose her with thallium poisoning and to save her life. It was a famous early instance of effective telemedicine.
U.S. health-care professionals could provide China with a range of services. China had just one general practitioner for every 10,000 people in 2013, according to state media, and many Chinese are dissatisfied with the quality of the care. “China has very few doctors that can gain trust,” said Feng Xue, executive president of Tianjin Telemedicine Association, a nonprofit organization to promote telemedicine. “The U.S. has a strong brand.”
(Excerpt) Read more at wsj.com ...
There ya go! Obamacare suckers will get Acorn-supplied healthcare commissars, while our Indian doctors can get rich treating the Chinese middle-class. It’s a win-win!
This is bullsh#@.
ZOË BAIRD?
Is that the Zoe Baird from nanny gate?
Yep. Does not past the smell test.
Sounds great! US doctors can opt-out of Obamacare and start treating the Chinese via tele-medicine, and perhaps China can reciprocate by sending non-white (and therefore non-racist) cops to handle our cities.
The “global economy” thing works well for people who are not only college educated, but actually smart enough to capitalize on their education. Even if we make 4 years of college free for all people, they will have to dumb it down (even more than they already do that) enough so all those people can “gadjiate” and get a “diplooma”.
Then, they still can’t compete in an information job market.
China may create jobs for those who are intelligent AND educated, but the rest will become wards of the state who work occasionally for minimum wage throughout their lives. The corporations don’t need them, small businesses only want them for a short time until they turn them out for new entry-level workers, they can’t form businesses that can enter the global market, and they lack the skills to start their own small business where they are management and labor in their own company.
These are the people who demand socialism on a larger scale with every passing election. They think they have nothing to lose and everything to gain, and to a point they are correct.
Why do you see what you say?
I have no interest in using protectionism to save blue collar jobs at the expense of white collar jobs.
China has already created a lot of American jobs such as gantry crane operators and truck drivers.
>>I have no interest in using protectionism to save blue collar jobs at the expense of white collar jobs.
Me neither. But, this is a reality that we must face. The unemployed blue collar people will drag us into socialism and that will affect us in ways that are more harmful to us than to them.
We need blue collar industries to keep them busy and working and motivated to believe in work more than in government.
What would you do with them? The abortion industry does a pretty good job of culling the herd, but we are against that. As you stated, protectionism isn’t a solution. Education is just putting lipstick on a pig. Obamacare Death Panels for the working age people who won’t work?? Labor camps? Forced segregation (reservations)? What is your solution?
Once they force us into socialism, the government will probably do all of the above since communists don’t like useless eaters and a communist state has a lot less room to operate on the margin than a capitalist state.
RE: This is bullsh#@.
Can you elaborate?
Plenty of Apple fanboys are heading over to China to make $52/hour assembling iPhones at chinese work-houses. Apple says they pay their employees in china well.
Service industry.
>>Service industry.
That tired old cliche? I don’t know if you realize this, but most everything we buy is disposable because repair costs more than new and last year’s model doesn’t have the features that this year’s model has. When we do want to repair it, we balk at the cost of hourly labor and the markup on parts, so we go the internet to buy the part and then install it ourselves.
If a person in a service industry, such as utility company, makes good money and benefits, the “free marketeers” here call them thugs and accuse them of wrecking the economy.
Finally, we as a society look down on service workers because they “failed” to move up into something that we decide is meaningful. Our “lawn guy”, “pool guy”, barber, “nail lady”, etc are expendable if they make one mistake or someone else comes along and undercuts their price by a couple dollars. We demand that they be “competitive” by lowering their price with no regard to how good their service has been over the years.
The service industry can absorb a certain percentage of the underclass, but many of them will feel poor and under-appreciated and will join the non-working poor in their demands for government “fairness”.
20% of working age Americans and their dependents are already beneficiaries of one or more government poverty programs. With the continuing loss of blue collar (manufacturing) jobs, such government dependence will only continue to increase.
And these so-called free trade agreements that mostly increase the access of US transnationals to the world's cheapest labor, and provide almost tariff free access back to the US market, assure that working class jobs and wages will continue to decrease and government dependency will increase on and on.
As has already been said, this is a formula for more and more socialism voted in by those who can no longer find jobs that provide a middle class standard of living.
Oh... where should I begin?? So much to talk about, so little time.
First of, this story is similar to the baloney that was being fed us about 8 - 10 years ago that the american worker will soon be making nanobots and super computers to make up for the high paying jobs that have been lost to china and india. Sure, that put us in nice happy-place with rainbows and unicorns, but that was simply not the reality.
These kinds of stories try assuage any concerns that people have about their future being washed away.
Before I am accused of "protectionist" thinking, because that is what happens when you contradict these misleading stories, if we truly had "free trade" with countries like china and india, we would be in a more level playing field than what we have now.
What we have now is that they get all the benefits of the american market, american technology, american industry, while the average american gets nothing. They have not opened up their markets to us or done much to help this country. I would like someone to quantify what Americans have gained from this "free trade"? No fantasy stories, wishful thinking, or propaganda, but hard numbers on how the average middle class and lower americans have benefited from China. How many jobs have been created? How many people have their standard of living raised?
Free trade is not a one way street. Free trade is meaningless if the rules are unfair, corrupt, and one sided. Free trade has been used as a cover for all kinds of funny business.
Now moving on this particular story, the biggest strengths that China has are its human resources. Now thanks to us, they have technology and capital. If they don't have enough qualified doctors, they will quickly ramp up and get up to speed. To suggest that American doctors will be busy treating chinese patients over the internet, based on a couple of incidents is a bit wishful.
no, the part about the rise of the Chinese middle class is correct. they are at root chicaps and are striving to have much better lives.
That is the point that many, perhaps even most here refuse to consider.
How you going to hold her down on the commune after she got Dasiey Maes
That is how we ended up with Barky and the dancing commiecrats. That is how we ended up with Barrycare, taxes, crazy regulations e.t.c. That is how we ended up with pitting classes against each other- the rich against the poor, the middle class against everyone else e.t.c.
Lecturing them, wishing them away, or feeding them fantasy stories will not work.
Contumely welcomed but please keep it clean.
Mostly quotes from the article.
Shortly after Mao's death in 1976 Deng Xiaoping proposed a policy of “socialism with Chinese characteristics,” or market socialism . . . the CCP understood that building lasting socialism required a modernized industrial base . . . the [CCP] delegated greater authority to local governments and converted some small and medium sized industries into businesses, who were subject to regulations and direction from the CCP . . . China’s market socialism has its roots in the New Economic Policy (NEP) of the Bolsheviks . . . [Lenin noted that] capitalist relations of production can exist within and compete with socialism without changing the class orientation of a proletarian state . . .
[April 1921 Lenin writes:]
Socialism is inconceivable without large-scale capitalist engineering based on the latest discoveries of modern science. It is inconceivable without planned state organisation which keeps tens of millions of people to the strictest observance of a unified standard in production and distribution. We Marxists have always spoken of this, and it is not worth while wasting two seconds talking to people who do not understand even this.
[Not mentioned was the Chi-Coms' early state owned enterprises were a disaster and they realized that what was needed was "large-scale capitalist engineering based on the latest discoveries of modern science" Lenin's name for the capitalists: "useful idiots."]
[May 2009, Heritage Foundation]
. . . [after said large-scale capitalist engineering's technology and know how were gladly provided the Chi-Coms in exchange for cheap labor and things were going great China's state owned enterprises turned to the market] state ownership is often diluted by the division of ownership into shares . . . The sale of stock does nothing by itself to alter state control: dozens of enterprises are no less state controlled simply because they are listed on foreign stock exchanges. As a practical matter, three-quarters of the roughly 1,500 companies listed as domestic stocks are still state owned. . . . No matter their shareholding structure, all national corporations in the sectors that make up the core of the Chinese economy are required by law to be owned or controlled by the state. These sectors include power generation and distribution; oil, coal, petrochemicals, and natural gas; telecommunications; armaments; Aviation and shipping; machinery and automobile production; information technologies; construction; and the production of iron, steel, and nonferrous metals. The railroads, grain distribution, and insurance are also dominated by the state, even if no official edict says so . . . the state exercises control over most of the rest of the economy through the financial system, especially the banks. By the end of 2008, outstanding loans amounted to almost $5 trillion, and annual loan growth was almost 19 percent and accelerating; lending, in other words, is probably China’s principal economic force. The Chinese state owns all the large financial institutions, the People’s Bank of China assigns them loan quotas every year, and lending is directed according to the state’s priorities. [I did not see mention of the "nonperforming" loan problem.]
. . . the CCP introduced markets as a tool to build socialism, rather than as a permanent functioning mode of economic organization . . . the CCP has harnessed the market as a means to generating an industrial base sufficient to build ‘higher socialism’ . . . As foreign capital entered China, [attracted] by China’s vast labor pool–exploited some Chinese workers through capitalist relations of production. The exploitative behavior of foreign corporations constitutes a major contradiction in the Chinese economy that the CCP has taken concerted steps towards resolving . . . the CCP places restrictions on foreign corporations’ ability to operate in China that severely curtail their politico-economic power in China . . . Dramatic increases in wages and benefits for Chinese workers . . . is a serious blow to foreign corporations and makes China a decisively less attractive hub of cheap labor for foreign investors . . . Greater willingness by the CCP to confront and attack foreign capital in the interests of the working class is the deliberate product of market socialism’s success in developing China’s productive forces . . . the success of modernization via the market economy has paved the way for ‘higher socialism’. [IOW the Chi-Coms are about to put the useful idiots on a slow boat to America. They no longer need them.]
End of quotes
RE: "Greater willingness by the CCP to confront and attack foreign capital in the interests of the working class is the deliberate product of market socialism’s success in developing China’s productive forces . . . the success of modernization via the market economy has paved the way for ‘higher socialism’."
The Chi-Coms did NEP right, they became billionaires. As NEP succeeded to build the economy the Bolsheviks got scared and ended it doing away with the Nepmen and ended the welcome of Western corporate "useful idiots". The Bolsheviks kept the factories and all.
The Chi-Coms will too end the welcome of corporate "useful idiots", keep the factories and all, and the PLA will wave goodbye thanking the free traders for making it possible to build the worlds second most powerful military. We'll keep in touch, promise the PLA.
IMO Red China is a bubble. It will burst before there's ‘higher socialism’ and the Chi-Coms will be goners.
Will the Chi-Coms provoke a war before the bubble can burst?
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