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08-01-2012, 05:52 PM
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24,497 posts, read 37,452,070 times
Reputation: 12879
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Quote:
Originally Posted by gwynedd1
You know what is going to fix out sourcing? The .01% will invest in real estate over seas, and to recoup their investment, they will charge rent to those working over seas driving up their subsistence costs eventually to the point that it is the same level as ours.
That is how it will be "fixed", not how it should be of course.
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Even if that were to work, it wouldn't "fix out sourcing". It would just move offshore jobs to the US or other countries. However, I'm on the bandwagon that feels that offshoring isn't broken and does not need to be fixed. |
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08-01-2012, 08:14 PM
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5,190 posts, read 4,370,196 times
Reputation: 1103
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Quote:
Originally Posted by gwynedd1
You know what is going to fix out sourcing? The .01% will invest in real estate over seas, and to recoup their investment, they will charge rent to those working over seas driving up their subsistence costs eventually to the point that it is the same level as ours.
That is how it will be "fixed", not how it should be of course.
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perhaps, but wouldn't ex-pat workers just rent cheaper from the local market in this case? |
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08-01-2012, 08:15 PM
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5,190 posts, read 4,370,196 times
Reputation: 1103
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Quote:
Originally Posted by russiaonline
It's a bad idea. The government's business is control. Otherwise, you'll get state capitalism, with all the bad things capitalism brings.
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That sounds like China if I'm not mistaken;
so what are the real problems with the state capitalism system?  |
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08-01-2012, 08:42 PM
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12,798 posts, read 16,460,591 times
Reputation: 8823
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Eventually the problem will correct itself. There is the parable of the Leadville mine. Cheap molybdenum from China shut it down but then the Chinese economy grew so fast it began importing the metal. The mine reopened.
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08-02-2012, 03:30 AM
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1,730 posts, read 1,822,041 times
Reputation: 295
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Quote:
Originally Posted by Kenneth-Kaunda
That sounds like China if I'm not mistaken;
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Don't compare anything with China
Quote:
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so what are the real problems with the state capitalism system?
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Capitalism leads to a master-slave society. In case of state capitalism - masters are some of the government employees.
It's just a different flavor of capitalism. |
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08-02-2012, 03:55 AM
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5,190 posts, read 4,370,196 times
Reputation: 1103
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Ok, well back to the island.
so if the tuna firm is nationalised can it be made to work, long term.
what will disrupt it?
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