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Old 07-22-2016, 10:46 AM
 
Location: *
13,242 posts, read 4,882,611 times
Reputation: 3461

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Quote:
Originally Posted by scarabchuck View Post
And that is why globalism was a bad thing from the start.
How can the basic principles of free market capitalism be kept separate from globalization?
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Old 07-22-2016, 10:54 AM
 
Location: London
12,275 posts, read 7,093,176 times
Reputation: 13660
Quote:
Originally Posted by GearHeadDave View Post
If we reduce our ridiculously high standard of living, develop our local economies, local food and energy production, we can be OK for many decades. We ARE OK even now regardless of what politicians want us to believe.
How is standard of living 'ridiculously high'?

Compared to other wealthy nations, such as in Western Europe, Australia, Canada, etc.

I don't count having big houses or cars, or having a lot of crap.

Quality > Quantity
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Old 07-22-2016, 10:56 AM
 
Location: ATX-HOU
10,216 posts, read 8,082,672 times
Reputation: 2037
Quote:
Originally Posted by scarabchuck View Post
You may be right on that , but the resurgence of hand made items in the U.S. (on a small scale still)means I'm not the only one that thinks like this. Globalism is a great thing for a corporation, a very good thing if you are part of the developing middle class in a low cost country, and a very bad thing for the U.S. middle class.
And since companies are now global, the no longer care about their former customers, the middle class because they have the world as their customer. That would have been fine, had our government not made it so easy for these companies to just start up operations in those countries. Once again, greed overpowered patriotism. Isn't it a problem when we drop our standard of living to help develop middle classes in other countries ? Our government is already feeling the burn from a shrinking middle class.
That's fine, all things are cyclical and patriotism will rise up again. Hopefully people can ride it out until then.
Sounds like too many people got use to America being the engine of the world and didn't prepare for the new world once a good chunk of the world caught up.
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Old 07-22-2016, 11:00 AM
 
Location: London
12,275 posts, read 7,093,176 times
Reputation: 13660
Quote:
Originally Posted by daylux View Post
American companies here will thrive when regulations, taxes and competition with foreign manufacturers are cut back.


American companies here will grow, startup, and do more hiring of our own citizens.


Fewer companies will leave our shores if they can compete here.
Quote:
Originally Posted by Dbones View Post
Exactly, I don't know what about that is so hard to understand.
Same here.

Now mind you, all those things have to go together. Just focusing on one will do no good.
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Old 07-22-2016, 11:08 AM
 
Location: London
12,275 posts, read 7,093,176 times
Reputation: 13660
Quote:
Originally Posted by 1033 View Post
Sounds like too many people got use to America being the engine of the world and didn't prepare for the new world once a good chunk of the world caught up.
The problem is that there's no balance. Companies can go global, non-Americans are given access to both American employers and those in their own country, but Americans are pretty much stranded to the local job market that is quickly deserting them, because other countries generally reserve the job market for their own citizens. So economically, globalism screws middle-class Americans perhaps more than anyone else on earth.

I would support trade deals and globalism if it meant work in other countries was as accessible to Americans as it is for their citizens to work for US-owned companies.

Last edited by ohhwanderlust; 07-22-2016 at 11:17 AM..
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Old 07-22-2016, 11:11 AM
 
4,040 posts, read 2,542,103 times
Reputation: 4010
Yes it is just a big mirage that all these jobs have been outsourced to Mexico and Asia over the last 20 years.

There aren't millions of manufacturers in those other regions doing the jobs that Americans used to do.

Nothing to see here move along...
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Old 07-22-2016, 11:13 AM
 
Location: ATX-HOU
10,216 posts, read 8,082,672 times
Reputation: 2037
Quote:
Originally Posted by ohhwanderlust View Post
How is standard of living 'ridiculously high'?

Compared to other wealthy nations, such as in Western Europe, Australia, Canada, etc.

I don't count having big houses or cars, or having a lot of crap.

Quality > Quantity
This.
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Old 07-22-2016, 11:20 AM
 
13,899 posts, read 6,403,506 times
Reputation: 6960
Quote:
Originally Posted by ohhwanderlust View Post
Same here.

Now mind you, all those things have to go together. Just focusing on one will do no good.
I agree.
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Old 07-22-2016, 11:22 AM
 
Location: ATX-HOU
10,216 posts, read 8,082,672 times
Reputation: 2037
Quote:
Originally Posted by ohhwanderlust View Post
The problem is that there's no balance. Companies can go global, non-Americans are given access to both American employers and those in their own country, but Americans are pretty stranded to the local job market that is quickly deserting them, because other countries generally reserve the job market for their own citizens. So economically, globalism screws middle-class Americans more than anyone else on earth.
Of course it's not balanced, from labor costs to environmental rules, the developing world has an advantage which will continue to erode as more countries become more wealthy. There are plenty of jobs available to Americans, we simply don't have the skills to do most of them... Especially the 45 and up crowd.

Developed countries' middle class has been hurt the most, it's not just America's as globalism has hurt developed countries the most.

Quote:
I would support trade deals and globalism if it meant it was equally easy for Americans to obtain the right to work in other countries as it is for their citizens to work for US-owned companies.
What makes you think it is easy for non-Americans to work here? Compared to other developed nations, we have more red tape.
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Old 07-22-2016, 11:22 AM
 
13,899 posts, read 6,403,506 times
Reputation: 6960
Quote:
Originally Posted by ohhwanderlust View Post
The problem is that there's no balance. Companies can go global, non-Americans are given access to both American employers and those in their own country, but Americans are pretty much stranded to the local job market that is quickly deserting them, because other countries generally reserve the job market for their own citizens. So economically, globalism screws middle-class Americans perhaps more than anyone else on earth.

I would support trade deals and globalism if it meant work in other countries was as accessible to Americans as it is for their citizens to work for US-owned companies.
Exactly. There is no where on Earth where Americans can get a work permit and go to and make more money there than they can here and bring it home and live like kings, but people from ALL over come here and do just that.
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