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Globalization, Job Lay-offs, Down-sizing...

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Uploaded by on Apr 23, 2007

Creative Destruction: Globalization, Job Lay-Offs, Down-sizing...

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  • I want companies to make silly money but I want their prosperity to happen here in this country. Not benefit Mexico, India, Singapor. The whole purpose of trickle down economics was to remove government shackles from businesses so they can grow and make jobs here in the U.S. We removed the shackles. The jobs go elsewhere. That is not how trickledown economics is supposed to work.

  • move to India for a couple of rupees a day and enjoy life there..if you don't mind getting treated badly and screamed at all day. India and China is where the economy is: better move your asses there.

  • I believe it. Good luck to you man.

  • I agree with you also. I think another thing that kills it for the honest-working American is the present generation of young people with high paying jobs, maximum benefits, 401k, Health & Dental. And what kills it is the fact that there is so much ABSENTEEISM and no Production. And what company can profit without product? Where does product come from with no Presence. Ironically without Presence there is still 'PAY'. I want to work for myself.

  • I agree. The Union I work for is being forced out the gate by a French company called Imery's. I got laid-off after 13 months. And they're going to lay-off 130 more people(many have at least 20 years in). I (was)working in Mining. The name of the company is called Celite/World Minerals.

  • Truth is American unions and benefit costs have forced companies to source labor elsewhere. It will never change with other countries providing cheap labor. Our economy has to adjust. It's not the 1950's anymore. Manufacturing is dead. You need to find work doing something else.

  • o_O

  • Of course, the "corporate owned" media include protectionist-xenophobes like Lou Dobbs and Pat Buchanan, the former never ceasing to label a certain country "communist" just before he says its name, who vigorously support denying people in developing countries the only work they could hope to get.

  • "People are willing to work at half the wage." Why shouldn't they be allowed to work? Who is coercing them? No one. All you want to do is take away the opportunity these people have for economic advancement. Also, when there is cheap labour, there are cheap goods. Poor people in the United States (and other nations) can afford the necessities of life, and possibly more. People hate Wal-Mart for "giving" people low-wage jobs, but have no response when others point out their benefits.

  • No, Globalization just means cheap labour for employers. Open the flood gates, swamp entire countries with people willing to work at half the wage. It has nothing to do with increasing jobs and everything to do with reversing decades of struggle by the "working classes" who have thought tooth and nail for a decent standard of living which the upperclasses would otherwise wish to deny them. Of course the corporate owned media do all the can to promote globalization as a good thing.

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