U.S. CitiesCity-Data Forum Index
Covid-19 Information Page
Go Back   City-Data Forum > General Forums > Economics
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 08-01-2012, 05:52 PM
 
24,497 posts, read 37,452,070 times
Reputation: 12879

Advertisements

Quote:
Originally Posted by gwynedd1 View Post
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.
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.
Rate this post positively Reply With Quote Quick reply to this message

 
Old 08-01-2012, 08:14 PM
 
5,190 posts, read 4,370,196 times
Reputation: 1103
Quote:
Originally Posted by gwynedd1 View Post
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.
perhaps, but wouldn't ex-pat workers just rent cheaper from the local market in this case?
Rate this post positively Reply With Quote Quick reply to this message
 
Old 08-01-2012, 08:15 PM
 
5,190 posts, read 4,370,196 times
Reputation: 1103
Quote:
Originally Posted by russiaonline View Post
It's a bad idea. The government's business is control. Otherwise, you'll get state capitalism, with all the bad things capitalism brings.
That sounds like China if I'm not mistaken;

so what are the real problems with the state capitalism system?
Rate this post positively Reply With Quote Quick reply to this message
 
Old 08-01-2012, 08:42 PM
 
12,798 posts, read 16,460,591 times
Reputation: 8823
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.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 08-02-2012, 03:30 AM
 
1,730 posts, read 1,822,041 times
Reputation: 295
Quote:
Originally Posted by Kenneth-Kaunda View Post
That sounds like China if I'm not mistaken;
Don't compare anything with China

Quote:
so what are the real problems with the state capitalism system?
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.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 08-02-2012, 03:55 AM
 
5,190 posts, read 4,370,196 times
Reputation: 1103
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?
Rate this post positively Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Economics
Similar Threads

All times are GMT -6. The time now is 09:07 AM.

© 2005-2021, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top