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TheMastersNemesis

(10,602 posts)
Sun Jan 19, 2014, 11:53 PM Jan 2014

Intl Corporations Abandoning China For Asia/ Chinese Pay Now Too High.

If you are wondering where American workers fit in the scheme of things all you have to do is watch international news like France 24 their version of CNN. Places like Laos, Vietnam and eventually Cambodia are the new economic sweethearts for corporations. Now that Chinese wages at 53 cents an hour is to high. And their "communist" governments are seeking their form of capitalist growth on low wages.

Anecdotally the reporter mentioned that Laos was so desirable because Laotians on average live on $1.25 a day. So manufacturers do not have to pay them that much. And the communist government is more than glad to take jobs from a place like China.

It does not take a rocket scientist to understand that American works are last on the job creation list for our American CEO's. They can't wait to take all of our outsourceable jobs to other counties while they build other nations middle classes at the expense of our own.

Our economic growth rates run 3% and under with trash jobs. Laotian and other Asian growth rates run close to 8%. And that growth probably includes places like Vietnam.

So what is next Africa where people live on pennies a day if that. The "race to the bottom" is much more endemic than Americans know. Of course, you won't see the news I saw on our MSM because they are hiding the truth deliberately.

So where is there any sense of outrage from our workers? What the hell is our military defending if you as an American worker are essentially a person without a country economically. Our own CEO's are aiding our future enemies. There is no reason for military that defends corporations who betray all of us.

Are we so stupid to swallow the swill The younger generation has NO future under such a scenario.

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freshwest

(53,661 posts)
1. Last sentence is wrong. The future is mixed. Some will prosper, some will not. I don't see any
Mon Jan 20, 2014, 12:47 AM
Jan 2014
miserable 'failures' among our youth.
They are opening their minds to make their lives differently than generations before them. They are more people oriented, more flexible, and not fooled into thinking that working for corporate goals are their own, nor will it be the last thing they ever do. They value networks more than their jobs.

Where I live, we have plenty of unions, also high wages for entry level work and training, and are pushing the minimum wage up as well as other benefits.

This generation is nothing like ours, TMN, where we thought in more regimented terms, much like a soldier with loyalty to a cause or government or company, looking to that as our support network. We achieved a lot in that dynamic, and some youth are still doing that today, if they are educated to do the jobs of the future. Those who are not, are looking to their social connections to make new ways to get through.

Yes, the globalists are playing an evil game and not only abroad, but here at home. They are sick, but believe they need to do it. Or they are simply insane, although socioaths have a remarkable ability to get out of trouble at the same time they destroy others.

To get so outraged is as if one is calling for God to come and save us. I was not brought up that way, no one coming, although we may have some damned good people fighting for us. Are we really expecting a rescue?

I remember an AFL-CIO investigative film on the sweatshops in Central America. Women were locked up in factories making the souvenirs for Disney. They were given speed to make them work for 72 hour stretches with armed guards to keep them leaving.

The CEO Eisner was filmed bragging of how he'd gotten 'the cost of labor down to zero' per unit. This is the Randian philosophy you are explaining here. I know you live in Libertarian winngut hell. but take it easy, it's not all that bad everywhere.

And they are mistreating and destroying lives abroad, and trade agreement are a big part of it. We are financing the empire of these no-goods, and we are the source of this Randian shit. We can work to discredit that here, and it may help. Other than that, I've got no solutions for the problem that you did such a good job of describing.

Luminous Animal

(27,310 posts)
2. 'Where I live, we have plenty of unions, also high wages for entry level work and training"
Mon Jan 20, 2014, 12:51 AM
Jan 2014

Where do you live? Because I do not believe you.

 

Armstead

(47,803 posts)
3. I guess you live in fantasyland
Mon Jan 20, 2014, 01:34 AM
Jan 2014

Where i live is more typical....People who in the past would have made decent livings on blue colkar jobs are now scaping by on shit McJobs or have given up and take and or deal drugs

You cant seperate what the shitheads at the top are doing from the effect on the general population

jeff47

(26,549 posts)
5. No, it's not going to be a race to the bottom
Mon Jan 20, 2014, 12:20 PM
Jan 2014

Because technology is going to get to "the bottom" long before humans do.

3D printing and advances in automation mean "dark" assembly lines - no humans involved in production.

As a result, manufacturing will return to the US but won't create that many jobs. It's only coming back to the US to save the expense of shipping the goods across the planet.

 

L0oniX

(31,493 posts)
7. "military that defends corporations who betray all of us"
Mon Jan 20, 2014, 12:31 PM
Jan 2014

If I really vented what I think about those who join the military I would get the boot.

pampango

(24,692 posts)
8. Is this from an article? "Anecdotally the reporter mentioned ..." Is there a link?
Mon Jan 20, 2014, 12:33 PM
Jan 2014

Laos' population is 6.6 millions. China's 1.4 billion. If Chinese factories move en masse to Laos, it will take about 5 minutes for that to raise Laotian wages.

It took a long time for Chinese wages to rise substantially because there was such a vast pool of workers. If the huge Chinese manufacturing economy move in any significant way to Laos, it will not take very long for the pool of Laotian workers to dry up.

Where did the figure of $0.53/hour for Chinese wages come from? That's not the figure that I come across.

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