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MrBaggins
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quote: Originally posted by Ned
Mr. Baggins,This whole argument then is completely disingenuous as jobs of all kinds had been moving out of the United States and the industrialized world to second and third-world countries for decades due to cost considerations. Why do only certain American's deserve protection? Why would you protect back-office clerks and not steelworkers. Why would you protect programmers and not printed circuit board assembly workers? Why would you protect computer support personnel and not computer assemblers? |
Tax legislation involving those industries would have WTO applicable rules, due to their dealing with actual products, thus we cannot do something about them without falling foul of the WTO. Services do not, however... and thus we can do somthing about those.
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yavoon
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quote: Originally posted by Imran Siddiqui
Yes, that turned out really well for the American auto industry in the 70s. |
protectionism is only as good as its implementation. if u take the advantage and use it to be fat and inefficient then ur in trouble.
if u take the advantage and use it to leverage market share in other markets. then it is a powerful weapon.
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dainbramage20
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Chicago
Feb 2004 time: 05:34
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I would remind those in favor outsourcing to look at the bigger picture. In which how Americans live and the ultimate goal is to make it higher, not lower. Currently Outsourcing is lowering our standard of living (pay, benefits) and flooding wal-marts with garbage mr.coffee's.
Its benefit is minimal. And as outsourcing hits Europe's job market hard, as it is just now, I feel it will be an issue there. Kinda hard to support yourself when Volkswagen makes everything in Mexico and Turkey.
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DAVOUT
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AUERSTADT
Jun 2002 time: 05:34
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What is really included in our so called high standards of living?
An interesting example of adaptation of the capitalism can be found in the *hard discount* stores (in Germany and France, but likely in all EU). These stores have only a few hundreds articles, an absolute minimum of expenses, and sell at a very low price foods of good quality but no brands. Initially, fiveteen years ago, they attract very very low income people, and over the years, they gain a 12% market share which give them the 3rd rank, after Carrefour 13% and Leclerc 17%.
I say that, although this has likely had a negative effect on the national growth, it has not resulted in a decrease of our standard of living. I suspect that comparable clever adaptation will greatly help to reduce our suffering until the developping countries production costs reach the western level.
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Whoha
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The TOC is supposed to be classified guys...
Dec 2001 time: 23:34
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quote: Originally posted by Ned
Spiffor, yes, productivity is the key. Imagine farming. One hundred years ago, over 90% of Americans were farmers. They were planting and harvesting with horses and ran the farms with a lot of manual labor. Today, less than five percent of Americans are farmers. They harvest whole fields with very little labor, using gigantic machines that move from farm to farm, from South to North, with the harvest.
Productivity! productivity! productivity! |
Farming isn't a good comparision for a couple of reasons.
1:Demand for food products is inelastic, Our caveman ancestors didn't eat more then 3 meals a day, and Bill gates doesn't either. Meanwhile demand for Manufacturing/tech goods is elastic so we won't have a reduction to 2%(or shouldn't anyway...).
2:Technology made it possible to satisfy the inelastic demand for food with less of the population. In manufacturing and tech, those jobs aren't gone(and wouldn't be if it was technology since the new wealth would be met by greater demand from everyone who is contributing to the economy), they are being done by people who are contributing zip to our economy, aren't buying our goods, aren't paying our taxes,etc.
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All times are GMT. The time now is 05:34. Apolyton Time is 00:34. |
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