Posted on 12/18/2003 3:32:00 PM PST by sly671
Not that much different??? Today's "capitalism" IS the Red Chinese system. That's the system that is a runaway success with this form of Capitalism.
Why would they remain here? As society collapses from higher and higher welfare rates and unemployment rates --- why not move to where the people in the society are productive and working? If a town had 1,000 factory workers and 1 factory owner, with the factory owner getting very wealthy by having the cheapest labor possible, the 1,000 will need to be supported by welfare programs. That won't lead to a stable society.
Nice deflection on your part. It cuts both ways. Would your ancestors be proud that we are giving away our way of life to the 3rd world and other enemy nations (PRC)?
Jobs, a whole lot of them, have moved from country to country, throughout the ages, and new ones have cropped up. Only one minor example being the manufacture and use of Dungarree ( you know, what jeans used to be called and what that fabric is ), which originated in India and then trnasmogrified to the USA. :-)
If you're talking about the US, it's an odd analogy.
(Seas) Unemployment Rate
Labor force status: Unemployment rate
Type of data: Percent
Age: 16 years and over
Check out the Civilian Employment and Unemployment figures since 1948. The charts are great.
Also, up here in Ct, we have a glut of Engineers, me being one of them, only an AS, but 7 years experience as project engineer/designer.
The issue is not lack of engineers, it is lack of jobs.
If Thomas Edison griped about the lack of jobs in backward America, we would still be reading by candle light. Engineers have knowledge. Engineers who want to lead can become like Edison. It's not that hard to create things. You just have to get off your ass and go do it. Bill Gates figured this out in his first year of college. He left the stuffy academics to their pretentions and created a whole new sector in the computer industry that was avoided by IBM, Digital, and Sun.
Colorful imagery aside, your post is an excellent example of socialist sophistry. A nice thing about liberty is that capitalism permits what you espouse: you are free to form and run businesses that put jobs first and risk takers rewards second. If the market values your offerings, you will enjoy success. If not, jobs are at risk. It appears, however, that, while not a risk taker yourself, you are willing to assist in distributing the risk takers rewards.
"Who will help me plant the wheat?" asked the Little Red Hen.
"Not I," said the duck.
"Not I," said the pig.
"Not I," said the dog.
"Not I," said the chimera.
...fast forward....
"Who will help me eat the bread?" asked the Little Red Hen.
"I will," said the duck.
"I will," said the pig.
"I will," said the dog.
"I will," said the chimera.
Sorry OC. That is fuzzy wishful thinking...more akin to liberalism than any brand of conservatism.There is absolutely no reason, once they get into the outsourcing addiction for the 'entrepreneur' to remain an employer here. Use your own logic. It is just not cost-effective. Particularly after they have proved their outsourcing model to produce superior returns. Not when you can pay 27 cents an hour in China.
Plus, besides the cognitively self-decieving rationalizations, they suddenly transform the supply chain for their production into an increasingly more competitive one that prevents them from exercising any economic discretion on their future production plans.
They are trapped into the vortex of Chinese low-cost labor. Once they set up a trained work force in the China and Indian regions, guess what else you have defacto set up? That's right. Your next competitor...one who can flout the Chinese labor laws with impunity...and undercut you.
Once the 'partners' you have had to work with feel sufficiently confident they have learned from you all proprietary info they need to, (with regard to product manufacture or systems development, and client lists, etc...) then they set up their own independent entity duplicating...and competing with your company for your own business. Totally disregarding and evading the contractual non-compete provisions, and the intellectual property rights you are entitled to. Intellectual property rights BTW Which they (and all their fellow nationals) deem an unfair infringement on their 'right to compete.' Hello. End of true capitalism, by virtue of handing the entire means of production to those who are essentially lawless and implicitly reject our system and laws.
And have I mentioned before that China is ruled by unrepentant hard-core communists? And India by dyed-in-the-wool redistributionist Third World socialists? Amazing how the capitalists in the West have become so short-term thinking, and so short-sighted, they can't see the 'New Economic Program' of Russia, circa 1925-1930 being reprised here....on an even grander scale. Historical Note: By sucking the West dry of a lot heavy capital, and then nationalizing it...it helped precipitate and deepen the Great Depression.
An off-base and ignorant assertion. Your pejorative attacks on those whom you mistakenly 'presume' to be doing nothing. With assumptions such as this, it explains a great deal why you are overly smug and arrogant. Try and manufacture something in the U.S. with garage-scale economic backing today. You are competing against all of China, and its horde of intellectual property violators. Your design patent may as well be used for toilet paper.
Bump To The Top!
Why should they remain? Did they remain in the imperial Spain where the domestic production was outsourced to be paid by the colonial gold? You indulge in wishful thinking.
Good point, Willie.
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