Originally posted by: biostud666
Funny how the free market isn't funny if you're loosing.
Whiners...........
I wouldn't touch compaq for any reason, but that's purely based on technical reasons.
Exactly. We're about to see american style capitalism on a worldwide level. Its kinda ironic how we complain that CEOs make all the money while the common man gets comparitively table scraps. America is the CEO moneymaker of the world, and we're hogging it all too. Cant have your cake and eat it too. Carly is absolutely 100% right. Dont get me wrong, I want to see americans succeed as much as everybody but we want all the advantages of globalization and are not ready to take the disadvantages.
If americans want to stay rich, they have to stay competitive. And in a global economy, for what we expect to get paid for our labor, is simply NOT competitive. American style capitalism doesnt care about nationality. It goes where the dollars are. Cutthroat competition makes that necessary.
Indeed. But the difference is that relying overwhelmingly on imports causes a permanent trade imbalance which is effectively a drain on the wealth of the nation, nevermind the negative long-term impact from losing a manufacturing base and all the new technology that comes out of it. In the big picture, not only is the typical public company a pyramid scheme, but so are the national and world economic systems. It all depends on continual growth which depends on the next cheap labor pool as the previous one "elevates" itself to the status of mindless consumer zombies. So it is destined to get worse and will probably require a rather apocalyptic end before some other system can materialize.
But theoretically, there wont be a trade imbalance when they can afford to buy higher priced products (assuming we remain the primary manufacturer of them). The only way that is going to change is if they get higher paying jobs and a stronger economy, and thats what happens when our jobs get shipped overseas. You only have to pay an indian programmer 5000 dollars a year because thats how much it costs to live there. Rent doesnt cost over $1500 a month like it does here in the city. Everything is cheaper, and when our economy starts to slow down because its being redistributed over the world, such things will equalize. If a national economy is better for our nation, a global economy is better for our WORLD. Yes I am an american, and I truely believe that WE will be better off when EVERYONE is better off. This is going to be a transitional time, which means its going to be a rough time, and the average american will not be prepared for it. As far as cheap labor goes, either A) we get educated and learn to build and support machines to handle menial jobs (think about how many jobs the computer has made obsolete!) B) we dont get educated and get paid the market value of floor sweeping. You cant pick and choose when the free market and supply and demand will benefit you. Right now we (america/canada/europe/japan rich places etc) control the education. The labor market constantly shifts, and what is needed one day might not be needed the next. Its very likely that the world simply has too many damn programmers. As individuals and as a nation we need to adapt to these changes, not cry about them.
America was not the imperial power it is now during its last depression. Lessons have since been learned on economic manipulation, but most importantly in regards to war. The otherwise unproductive manufacture of war materiel is now a pillar of the economy. Making war, even at the expense of more debt, can boost the economy. If that coincides with succesfully forcing economic concessions or otherwise securing natural resources from other nations, then all the better to prolong the system for awhile longer. The empire will not go down without a fight. The people demand fullfillment of the American Dream!
When wealth is spread more evenly around the world, there will be less cause and need for international war. Farming isnt quite the pillar of our economy anymore either. Im sure the farmers were complaining how it just isnt as good as it used to be too. The people sure do demand fufillment of the american dream, but its out of style. Come in with high expectations like that and youre bound to be dissapointed. Besides, if the american dream was created by our unique capitalism, the same idea on a worldwide scale = the world dream. Id like someone to explain to me why this isnt so, if it truely isnt, without resorting to how detrimental it will be to OUR economy and OUR economy alone.
Imagine the world is a group of people. One of them has a gun. The rest have nothing. The one with the gun runs the show. The rest live in fear, and must do the bidding of the guy with the gun, especially if he started waving it around. There's no alliance between the armed and the unarmed because it wouldnt benefit him. He's loving it. Things are great for him, because everyone is serving him. He'll also probably go on tirades about how he is the only one that deserves the gun, they should be grateful he's so lenient, and how his moral superiority gives him to right to "excercise his power" when he deems necessary. No one is stupid to argue with him. Now imagine the rest of the group learn to make swords. The rest of the group now has some sort of power (especially if they band together). Now the one with the gun has to keep one eye open and make sure that noone takes him out, and try and scare them all into not trying to attack. In a sense this is problematic for both parties. Neither can rest. The imbalance of power puts stress on the situation. Tension is everywhere. This is a VERY volatile system. If either side starts a war, there will be heavy losses for both sides. There could be one left standing if things go that bad. This is the apocalypse aluded to above. Now imagine that war doesnt happen, and the rest of the group finally invents the gun. Noone has the power, no one can command everyone else. Everyone will want to agree to a universal alliance because it is by far the most beneficial to everyone. One moron can decide to start shooting, but the rest of the group will shoot him. Everyone is at peace because theres no benefit to attacking anyone anymore. No one holds all the power, and everyone can sleep easy. Now think to yourself whats stronger, one gun and a couple of fists, or an army of guns? Not only is it beneficial to everyone in the system, but the power of the group as a whole is far stronger. Substitute strength of armament for strength of economy and that is what will happen.
Americans prefer democracy over monarchy, but still want to be the monarchs of the world. It is the strength of democratic and captalistic systems that give us the power to be the monarch. It will take care of itself, rest assured. But with wealth and power being distributed on a global scale, its going to happen globally. From a world view right now, the system is horrifically unbalanced. We're doing all of the taking and relatively little of the giving. And now technology is making it possible to equalize the situation. We can either hog it all and keep it from others, or we can share it with the rest of the world and work together. Instead of being the king of the world, perhaps we can become president of the world. Im all for equality and a good life for everyone, and that doesnt just mean american equality.