Baptismbyfire
Senior member
- Oct 7, 2010
- 330
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The problem lies with the fundamental nature of corporations : their sole purpose is to maximize profit for their stockholders. Once the rest of the world caught up with the US's manufacturing industry, there was no need for company owners to pay more for work that could be done for much cheaper abroad with comparable results.
Now, some would blame unions for being too greedy and asking too high a salary for the kind of work they were doing, but once again, due to the fundamental nature of corporations, it is ultimately wrong to blame unions for what has been happening over the last few decades.
What many fail to realize is that individuals cannot hope to have the same level of economic mobility that corporations enjoy today. Except for the very few who stood to gain from the increased flexibility in the labor market by negotiating for a better position abroad, most American workers, especially those in the manufacturing sector, had more to lose than gain.
Due to this inherent nature of corporations and corporations enjoying far greater mobility than the individual worker in the age of globalism, if we ever hope to see an increase in the living conditions of American workers, all the workers around the world have to unite, as Karl Marx accurately predicted, and bargain for the same rights and similar pay. It is absurd to believe that corporations would somehow pay American workers more for the same output out of the goodness of their heart or their sense of patriotism.
Now, some would blame unions for being too greedy and asking too high a salary for the kind of work they were doing, but once again, due to the fundamental nature of corporations, it is ultimately wrong to blame unions for what has been happening over the last few decades.
What many fail to realize is that individuals cannot hope to have the same level of economic mobility that corporations enjoy today. Except for the very few who stood to gain from the increased flexibility in the labor market by negotiating for a better position abroad, most American workers, especially those in the manufacturing sector, had more to lose than gain.
Due to this inherent nature of corporations and corporations enjoying far greater mobility than the individual worker in the age of globalism, if we ever hope to see an increase in the living conditions of American workers, all the workers around the world have to unite, as Karl Marx accurately predicted, and bargain for the same rights and similar pay. It is absurd to believe that corporations would somehow pay American workers more for the same output out of the goodness of their heart or their sense of patriotism.