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The global garment industry's fleeting hub (outsourcers getting outsourced)
Global Post ^ | 24 October 2012 | Patrick Winn

Posted on 10/26/2012 11:59:57 AM PDT by Lorianne

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To: jboot; Lorianne
Captitalism is not a race to the bottom. Globalism, on the other hand, is . . .

Yep. Just like 'Free Trade' is not equal to 'Free Market'.
You might like:

The Case against Free Trade

America R.I.P
21 posted on 10/26/2012 3:30:48 PM PDT by khelus
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To: USFRIENDINVICTORIA
That neo-Luddite argument has been proven false, many, many times.

And that facile pejorative has been used many, many times. The fact is that both views are correct. While it's absolutely true that a rising wave of technology will eventually lift all boats, the initial tsunami obliterates the low-level jobs it replaces. Imagine a factory that employs 200 people who do nothing but cut cloth according to style and size specifications. Now tell me what happens to those 200 cutters when the factory computerizes the cutting process. The new machines require someone to run them, but only a small percentage of the 200.

I'm all in favor of eliminating what amounts to slave labor by using technology, but until those slaves have degrees in computer science, they still need to feed their families.

22 posted on 10/26/2012 4:23:47 PM PDT by giotto
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