Many of today's U.S. businesses have broken the contract they once had with American workers. No longer do they consider themselves American corporations really (despite the marketing and PR aimed at American consumers) but instead act as global trans-national entities that plant their flag wherever it profits them the most to do so in the short-run.
The post WWII business culture and ideology of building a strong America first and foremost was sold down the river as shareholder profit became the golden calf of our generation. No longer do these modern transnational corporations make it their duty to invest in manufacturing and enterprise in the USA foremost using American workers with the commitment earlier generations showed but rather exploit whomever, whenever, wherever, and however it is legal and profitable for them to do so.
If they can offshore operations to exploit conditions in foreign countries and ship the product back in containers they certainly do. If they can replace American white collar workers here by insourcing foreign, they do. There is little to stop them. It is very unfortunate for both the long-term national interest and the American worker that our government has been leveraged to pass agreements that resulted in the current economic environment.
Offshoring and outsourcing happens in a not so "free" trade global environment meaning manufacturing the goods can occur in substandard foreign conditions with the products being brought back and sold to American consumers. However, often the governments where the manufacturing is done won't allow them to sell there in an open market (e.g. protectionism) meaning "free" trade is not free because the trade very much happens in the foreign host manufacturing country's favor.
Insourcing, on the other hand, is when employers actively seek to use illegal and legal immigrants and foreign companies with operations here to increase shareholder profit in this country. This works against the citizens, displacing many and causing others to be underemployed. The type of mass insourcing seen today is not in the country's best long-term interests on many levels not the least of which include tremendous social costs to taxpayers for the support of illegal and legal immigrant workers and the many poor out of work and underemployed working poor citizens displaced; lost capital and currency in the country as it gets sent out of the country; lost revenue from the illegals that don't pay taxes, the lost tax revenue and social costs incurred from the approximately 40,000,000 citizens in this country living below the poverty line that do not have that work; etc...
Offshoring, outsourcing, and insourcing is resulting in serious economic problems for the USA and our descendant's future but has been profitable for the short term profits of the modern US transnational corporations.
As other countries ability to innovate and manufacture catch up with the USA, markets will become more competitively perfect and our pains will increase. What will we do without a dominant economy where innovation and manufacturing build solid blue collar and middle class communities in this country? What will be the consequence as 77 million aging baby boomers begin to downsize their real estate holdings over the next two decades? What will the future look like if we don't change what we are doing?
The post WWII business culture and ideology of building a strong America first and foremost was sold down the river as shareholder profit became the golden calf of our generation. No longer do these modern transnational corporations make it their duty to invest in manufacturing and enterprise in the USA foremost using American workers with the commitment earlier generations showed but rather exploit whomever, whenever, wherever, and however it is legal and profitable for them to do so.
If they can offshore operations to exploit conditions in foreign countries and ship the product back in containers they certainly do. If they can replace American white collar workers here by insourcing foreign, they do. There is little to stop them. It is very unfortunate for both the long-term national interest and the American worker that our government has been leveraged to pass agreements that resulted in the current economic environment.
Offshoring and outsourcing happens in a not so "free" trade global environment meaning manufacturing the goods can occur in substandard foreign conditions with the products being brought back and sold to American consumers. However, often the governments where the manufacturing is done won't allow them to sell there in an open market (e.g. protectionism) meaning "free" trade is not free because the trade very much happens in the foreign host manufacturing country's favor.
Insourcing, on the other hand, is when employers actively seek to use illegal and legal immigrants and foreign companies with operations here to increase shareholder profit in this country. This works against the citizens, displacing many and causing others to be underemployed. The type of mass insourcing seen today is not in the country's best long-term interests on many levels not the least of which include tremendous social costs to taxpayers for the support of illegal and legal immigrant workers and the many poor out of work and underemployed working poor citizens displaced; lost capital and currency in the country as it gets sent out of the country; lost revenue from the illegals that don't pay taxes, the lost tax revenue and social costs incurred from the approximately 40,000,000 citizens in this country living below the poverty line that do not have that work; etc...
Offshoring, outsourcing, and insourcing is resulting in serious economic problems for the USA and our descendant's future but has been profitable for the short term profits of the modern US transnational corporations.
As other countries ability to innovate and manufacture catch up with the USA, markets will become more competitively perfect and our pains will increase. What will we do without a dominant economy where innovation and manufacturing build solid blue collar and middle class communities in this country? What will be the consequence as 77 million aging baby boomers begin to downsize their real estate holdings over the next two decades? What will the future look like if we don't change what we are doing?
0 comments:
Post a Comment