Soleron said:
Mr Khan said:
Soleron said:
Those people made the wrong choice of career. The supply/demand balance shifted so that their demands for $40k salary are now far overpriced compared to the $10k demand in another country.
The two ways I would solve outsourcing are: 1) full workers' rights and social security in developing countries, to raise their cost of employment to something appropriate, 2) remove import duties, uneven world taxation and other factors that make the cost of living so much higher in the US for the same basket of goods, thereby increasing foreign wage demands. That way a US worker can compete with a Chinese one on an even basis. If there is any retraining to be done it should be via government-provided free university tution or vocational courses for anyone who is unemployed.
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Given the pace of the world economy, you can't just say "oh, they fucked up, it's their problem." How the hell could you expect, say, a US Steel worker who signed on in 1950 when he was 20, and was fired when the industry went belly-up in this country in 1980 at age 50, too early to retire, too late to retrain, and so "oh well, you should have been clairvoyant enough to see this coming 30 years ago."
Now in this case, it's hard to blame companies that tried their best and failed, but it's much easier to blame companies that just leave behind workers to line their own pockets.
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Well that's why I said the free retraining, but it's not the function of companies to provide for that.
As I said, I believe the problem is unfairly low wages in the rest of the world, not corporate greed.
Corporate social responsibility doesn't exist and it's inefficient FOR it to exist. Minimum living standards and ensuring everyone is educated enough and well enough to be able to work are best taken on by the government here. I'm a pragmatist and expecting companies to, for example, care about the environment is stupid.
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See, i disagree. I feel that in the long-term we should instill a sense of ethics and responsibility in business, but instead we glorify wealth and greed and plunder as things good in themselves. In the short term, we need to punish those who break these bounds, and in the long-term make a society where we won't need to punish these people because we assume that they're acting in the best interests of everyone, not just their pocketbook.
Free retraining is something that's being talked about, but of course that's going to add to government outlays, not subtract from them, at least in the short term, and that's all the shrieking budget hawks seem to care about.
