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I'm not thinking the majority of you actually know what a "free market" is. Free market means competition. There's no competition in India and China. Most of those companies are monopolies or government run (or at least partially government owned) and have no competition, therefore they can do what they like.
That's why we have anti-monopoly laws here. To keep competition. Competition ensures fair wages and better products. Taking away that competition is the fastest way to mediocrity.
I find it fun (and sad) that we've got anti-monopoly laws in place, but that the left is pushing so hard for the government to control everything else. Apparently government monopolies are fine. Just not corporate ones.
What kind of an idiot is the OP? No one would work for 0.75 an hour in the United States; not even the homeless or poor because people won't do a crap job with just about no economic incentive. May I suggest Southeast Asia for a part of the world that has the wages you want?
Location: Partisanship Is An Intellectual/Emotional Handicap
1,851 posts, read 2,153,826 times
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Quote:
Originally Posted by JazzyTallGuy
True, but those jobs ARE NOT COMING BACK.
The only way this country is going to increase both employment and wages in a significant way is through small business growth and scientific and technical innovation.
Forget about major corporations making major investments in this country or creating a lot of jobs. Most of these corporations are American in name and address only. The majority of them get most of their revenues and PROFITS outside of the United States. Corporate America has pretty much sold out the American people.
Of course. That reality has been clear for a long time. hence the reason I was always stand against Corporate Welfare and catering tax dollars to these corporations.
They have not been and are currently not investing in the American workforce.
But shorebaby was claiming Americans don't want those jobs and claiming the reason those jobs are gone, is because Americans don't want them.
Location: Partisanship Is An Intellectual/Emotional Handicap
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Quote:
Originally Posted by shorebaby
What is stopping them from opening their own shops if it such a lucrative industry?
What's stopping?
Available capital.
People who were working Customer Service Call Center jobs usually can't afford to start up a business like that. And for the most part Call Centers have to be tied into a bigger corporate entity.
Or, you have to get contracts with several companies to be their Call Center. And how exactly are they going to accomplish that, when these companies already threw American workers under the bus and outsourced to India or where ever.
The fact, these companies have been looking to force the minimum wage down for Americans, for a very long time. They've been trying to force American workers into a life of Third World slumming salaries.
Not because they will go broke paying Americans a decent, respectable salary and giving them benefits. But because they are greedy beyond all rational and reasonable standards of Capitalism. These companies want it all. They have adopted the China mentallity of slave wages and dispicable treatment of employees. This is all about extreme greed.
Countervailing tariffs, to negate the price advantage created by foreign wages, environmental pollution, worker safety and government subsidy, are the start. Breaking up the multinational big box stores into individual business, incidentally preventing Wally world from controlling their suppliers is next on the agenda. Then we can work on removing the banking oligopolies that have a strangle hold on our economy.
If this damages international “free trade” all the better, “free trade” is a joke when you are competing against slave labor. Let China and the rest pay the wages that will allow their citizens to buy the stuff they make. It is also good if the big investors lose big money. It is past time they took losses like the rest of us.
Location: Partisanship Is An Intellectual/Emotional Handicap
1,851 posts, read 2,153,826 times
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Quote:
Originally Posted by GregW
Countervailing tariffs, to negate the price advantage created by foreign wages, environmental pollution, worker safety and government subsidy, are the start. Breaking up the multinational big box stores into individual business, incidentally preventing Wally world from controlling their suppliers is next on the agenda. Then we can work on removing the banking oligopolies that have a strangle hold on our economy.
If this damages international “free trade” all the better, “free trade” is a joke when you are competing against slave labor. Let China and the rest pay the wages that will allow their citizens to buy the stuff they make. It is also good if the big investors lose big money. It is past time they took losses like the rest of us.
Ok, but you're gonna have to build a couple of these on the edges of your town, because that's the only place a .75 an hour job holder could ever live in this country:
Wouldn't the government give out enough welfare to prevent such deplorable shanty towns?
If you made $.75/hr, and a can of Coke was $.05, that would be like you were making $9/hr. Context would be good.
Of course, those numbers aren't remotely accurate and you'd be more likely to max out @ $8,322/year.
Of course, even that could change since the numbers are relative.
Holy Smoke Batman! Someone actually gets it!
So few seem to realize these comparative numbers are based entirely on the exchange rate and have absolutely nothing to do with the local buying power.
Now if suddenly wages were .75/hr, the prices of goods would adjust accordingly. Assuming the US dollar is still our currency anyone with a few bux in the bank would be instantly rich. Unfortunately with the way the dollar is devaluing it looks like all those poor slobs who planned for the future and saved will end up with a bank account full of worthless dollars.
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