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Old 08-01-2012, 04:52 PM
 
24,488 posts, read 41,010,427 times
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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.
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Old 08-01-2012, 07:14 PM
 
5,190 posts, read 4,823,141 times
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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?
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Old 08-01-2012, 07:15 PM
 
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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?
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Old 08-01-2012, 07:42 PM
 
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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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Old 08-02-2012, 02:30 AM
 
1,725 posts, read 2,057,156 times
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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.
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Old 08-02-2012, 02:55 AM
 
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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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