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To: .cnI redruM
Economics 543
14 posted on 07/25/2003 10:33:31 AM PDT by Mortimer Snavely (Ban tag lines!)
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To: Mortimer Snavely
So what's the alternative, giving Boeing corporate welfare?
I fail to see how we can expect to pay our own people $25/hour to do work that people will do in CHina or Vietnam for $0.85 and not go bankrupt.

I hate to be the unpleasant voice of reason here, but people are not hiring workers out of a sense of patriotism. They want the lowest marginal rate of cost per unit of production. Or has Howard Dean Democrat Leon Trotsky would have put it, the highest rate of exploitation leading to the optimization of relative surplus value.

Nor should US companies hire workers under terms against their favor to "win the war on terror" or for any other nationalistic cause. The Pre-Tony Blair Labor Party propped up totally anachronistic industrial enterprises that produced utter garbage to keep their workers employed. It led Margerat Thatcher to remark "The problem with socialism is that you eventually run out of other people's money."
24 posted on 07/25/2003 10:45:45 AM PDT by .cnI redruM ("If you think no one cares about you, try skipping next month's car payment" - Daily Zen)
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To: Mortimer Snavely
INTERESTING
181 posted on 07/25/2003 2:08:31 PM PDT by y2k_free_radical (i)
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To: Mortimer Snavely
Economics 543, Slavery, lost or unrecognized economic principles, and multinational economics. Robert L. Kocher

A truly fascinating paper, justifying my long-held belief that so-called "free-traders" were (as he described one in particular) plain "flat earth leftist radical nuts". I am reposting the end paragraphs of his paper, the part which came after his self-described "End of Boring Article and author's Specific Discussion".

Corporation executives, descendants of Karl Marx, Kofi Annan, Bill Clinton, and George Bush are all saying close to the same thing and seem to take some sort of perverse delight in sacrificing the United States to the remainder of the world. As part of this, what is arising is a new breed of mentally dysfunctional and twisted corporation executives, some of whom exhibit passive-aggressive thought patterns wherein the release hostility and destruction upon American society in an indirect and rationalized manner.

So, we are now in the position of importing a trillion dollars worth of products every few years and paying for it with money that isn't used to buy anything here--and we have been doing it at increasing levels for years as part of the Global Economy. If this continues to work, there is no reason why we can't ship all jobs out of the country, import everything we use, and pay for it all with money not used to buy anything here. Presumably we could then all become intellectuals, super sales executives, and paper pushing mediocrities. That's just for the people still employed. What do you want to bet there is something wrong in this system of reasoning.

The American economy and standard of living can not survive this. There are great numbers of people here who seem to have been programmed to take a perverse satisfaction in the destruction.

327 posted on 07/26/2003 9:29:18 AM PDT by PhilipFreneau
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