RE: Corporate Personhood -- What Happens at GM? (Full Version)

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thishereboi -> RE: Corporate Personhood -- What Happens at GM? (6/11/2014 11:00:48 AM)

You said 5 million jobs lost....do you have anything that even comes close to that number or are you going to keep providing links that don't?

Now I agree that they have lost a lot of jobs and businesses, but if they hadn't been run by crooks and liars for the last 50 years or more, maybe that wouldn't have happened.






tj444 -> RE: Corporate Personhood -- What Happens at GM? (6/11/2014 1:43:44 PM)


quote:

ORIGINAL: MrRodgers

Everybody has some blame but NAFTA and the risk averse investor class (corporations) wants no part of the expense to provide a safe clean work place or environment.
Here

Here
Just since 2000 and just the latest debacle.....

In 2000 the number of private sector jobs in Michigan was 3,996,000; this number dropped to 3,213,000 by August 2009 -- a drop of 783,000 jobs (19.6%). This is a shocking number -- one out of five jobs in Michigan has disappeared since 2000.

But consider this: fully 24% of all private sector job losses nation-wide occurred in Michigan during this time period. Think of that: one out of four of all private-sector job losses in the country during these years occurred in one state, Michigan. This could reasonably be called a one-state depression. It is as if a slow-moving Katrina had hit the state, and no one noticed.

Thanx Bush and Co.

Yes, Detroit has had corrupt city govts. but other cities have also while the state of Mich. is Republican and other cities and states have worked together to prevent such as anything close to what has happened in Mich. general and Detroit in particular.

So why Michigan which has been run by mostly repubs ?

The auto industry that's why. All of the jobs directly related and also in support. So while the city had maybe only about 2 million at best since the 60's...millions of the rest of the jobs around it have left too because of the maladministration of our entire economy.

the article heading blames "40 years of federal policy" and yet says NAFTA wasn't signed until 1994.. and its not like manufacturers rushed down to Mexico before the ink dried, that shift took time to happen and imo it was very slow to start... This whole Detroit thing focuses on only one thing, vehicle manufacturing.. FFS, its not like well before NAFTA that Corporate America hasn't shipped jobs off to countries that can produce shite cheaper.. and mostly to China and India... that has nothing to do with NAFTA.. and neither does automation and robots that have been brought in to replace workers.. so imo supposed job loses due to NAFTA are negligible when you look at where these supposed lost jobs have gone.. and according to your article- "Fifty percent of the population has been reported to be functionally illiterate." That again has nothing to do with NAFTA, but I can certainly understand why a business wouldn't set up shop in Detroit if half the people there cant even read or write!.. Just sayin'




tj444 -> RE: Corporate Personhood -- What Happens at GM? (6/11/2014 1:50:08 PM)


quote:

ORIGINAL: cloudboy


The idea of “corporate personhood” has been in the news repeatedly in the past few years. Between Mitt Romney’s infamous “Corporations are people, my friend” moment

actually, corporations (the big ones, at any rate) are much more than "people".. these corps can negotiate their tax rate with the IRS! What person can do that?

"It's a significant change from a decade ago, when the software giant began thinking about higher tax costs amid plans for growth. It turned to an obscure solution: confidential pacts forged between the Internal Revenue Service and multinational corporations that critics say can unwittingly bless aggressive tax strategies. In 2003 Oracle disclosed for the first time that it had sealed two such long-term pacts with the IRS and was negotiating additional ones.

The pacts, known as advance pricing agreements, effectively lock the IRS into agreeing with a company's tax planning over many years, both future and past. Despite costing companies up to millions of dollars in fees to prepare and taking up to four years to seal, the agreements are nonetheless worth it to an elite group of big corporations that have them, including Google (GOOG), Apple (AAPL), and Amazon (AMZN)."


http://ctj.org/ctjinthenews/2013/07/cnn_money_the_tax_break_that_corporate_america_wants_kept_secret.php




MrRodgers -> RE: Corporate Personhood -- What Happens at GM? (6/11/2014 8:17:43 PM)


quote:

ORIGINAL: tj444


quote:

ORIGINAL: MrRodgers

Everybody has some blame but NAFTA and the risk averse investor class (corporations) wants no part of the expense to provide a safe clean work place or environment.
Here

Here
Just since 2000 and just the latest debacle.....

In 2000 the number of private sector jobs in Michigan was 3,996,000; this number dropped to 3,213,000 by August 2009 -- a drop of 783,000 jobs (19.6%). This is a shocking number -- one out of five jobs in Michigan has disappeared since 2000.

But consider this: fully 24% of all private sector job losses nation-wide occurred in Michigan during this time period. Think of that: one out of four of all private-sector job losses in the country during these years occurred in one state, Michigan. This could reasonably be called a one-state depression. It is as if a slow-moving Katrina had hit the state, and no one noticed.

Thanx Bush and Co.

Yes, Detroit has had corrupt city govts. but other cities have also while the state of Mich. is Republican and other cities and states have worked together to prevent such as anything close to what has happened in Mich. general and Detroit in particular.

So why Michigan which has been run by mostly repubs ?

The auto industry that's why. All of the jobs directly related and also in support. So while the city had maybe only about 2 million at best since the 60's...millions of the rest of the jobs around it have left too because of the maladministration of our entire economy.

the article heading blames "40 years of federal policy" and yet says NAFTA wasn't signed until 1994.. and its not like manufacturers rushed down to Mexico before the ink dried, that shift took time to happen and imo it was very slow to start... This whole Detroit thing focuses on only one thing, vehicle manufacturing.. FFS, its not like well before NAFTA that Corporate America hasn't shipped jobs off to countries that can produce shite cheaper.. and mostly to China and India... that has nothing to do with NAFTA.. and neither does automation and robots that have been brought in to replace workers.. so imo supposed job loses due to NAFTA are negligible when you look at where these supposed lost jobs have gone.. and according to your article- "Fifty percent of the population has been reported to be functionally illiterate." That again has nothing to do with NAFTA, but I can certainly understand why a business wouldn't set up shop in Detroit if half the people there cant even read or write!.. Just sayin'

China wasn't a factor until the 90's when they got MFN trading status. NAFTA was big from about 94 as the link informs. And no, until then, almost all exporting of jobs was in textiles and other products such as light manufacturing to Taiwan. Manufacturing of the larger big ticket itens didn't start until later, even technology wasn't until later.

The point is, the auto and related support jobs suffered from a lot more than Detroit govts. and the unions.




tj444 -> RE: Corporate Personhood -- What Happens at GM? (6/11/2014 10:08:03 PM)


quote:

ORIGINAL: MrRodgers

The point is, the auto and related support jobs suffered from a lot more than Detroit govts. and the unions.


it was a lot of factors but NAFTA wasn't a large one.. but why didn't people adapt to other industries and diversify? How does a city end up with half its population being illiterate? I cant even imagine that as a workforce, that is like 3rd world.. who was responsible for that? who manages the school districts & is responsible for education? isn't that the Detroit govt?




thishereboi -> RE: Corporate Personhood -- What Happens at GM? (6/12/2014 5:43:29 AM)


quote:

ORIGINAL: tj444


quote:

ORIGINAL: MrRodgers

The point is, the auto and related support jobs suffered from a lot more than Detroit govts. and the unions.


it was a lot of factors but NAFTA wasn't a large one.. but why didn't people adapt to other industries and diversify? How does a city end up with half its population being illiterate? I cant even imagine that as a workforce, that is like 3rd world.. who was responsible for that? who manages the school districts & is responsible for education? isn't that the Detroit govt?



Easy, you let crooks and liars run the system for years. They steal the funding for the schools and the kids pay the price. You do that in all areas and the whole city eventually fails. Now NAFTA did play a big part since it was signed in, but Detroit was already in a spiral by then. It just pushed it faster.


And then you get shit like this going on... http://www.freep.com/article/20111101/NEWS01/111010375/Detroit-loses-out-9-2-million-help-poor-people

and this...

http://www.freep.com/article/20110512/NEWS01/106220009

which does nothing to help.




tj444 -> RE: Corporate Personhood -- What Happens at GM? (6/12/2014 9:37:20 AM)


quote:

ORIGINAL: thishereboi

Easy, you let crooks and liars run the system for years. They steal the funding for the schools and the kids pay the price. You do that in all areas and the whole city eventually fails. Now NAFTA did play a big part since it was signed in, but Detroit was already in a spiral by then. It just pushed it faster.


And then you get shit like this going on... http://www.freep.com/article/20111101/NEWS01/111010375/Detroit-loses-out-9-2-million-help-poor-people

and this...

http://www.freep.com/article/20110512/NEWS01/106220009

which does nothing to help.

someone elected those crooks and liars, didn't they?

According to this article which pretty much lays it out and where the blame lies.. most of the Detroit politicians and the unions..
Detroit started going downhill in 1950 when it started losing population, and much of the job decline was due to US vehicle manufacturers producing shite buyers didn't want (nothing to do with NAFTA)..

"Cities like Detroit and Flint that rose to power in the first half of the 20th Century were shocked to find in the second half how many factory jobs would be lost to foreign competition."

http://www.freep.com/interactive/article/20130915/NEWS01/130801004/Detroit-Bankruptcy-history-1950-debt-pension-revenue




cloudboy -> RE: Corporate Personhood -- What Happens at GM? (6/12/2014 9:47:23 AM)

quote:

In 2000 the number of private sector jobs in Michigan was 3,996,000; this number dropped to 3,213,000 by August 2009 -- a drop of 783,000 jobs (19.6%). This is a shocking number -- one out of five jobs in Michigan has disappeared since 2000.

But consider this: fully 24% of all private sector job losses nation-wide occurred in Michigan during this time period. Think of that: one out of four of all private-sector job losses in the country during these years occurred in one state, Michigan. This could reasonably be called a one-state depression. It is as if a slow-moving Katrina had hit the state, and no one noticed.


WOW. I did not know that. I saw a artistic documentary about the situation in Detroit -- and it was just jarring. The shots of the old train station --- apocalyptic.




Zonie63 -> RE: Corporate Personhood -- What Happens at GM? (6/12/2014 12:47:43 PM)


quote:

ORIGINAL: tj444


quote:

ORIGINAL: MrRodgers

The point is, the auto and related support jobs suffered from a lot more than Detroit govts. and the unions.


it was a lot of factors but NAFTA wasn't a large one.. but why didn't people adapt to other industries and diversify? How does a city end up with half its population being illiterate? I cant even imagine that as a workforce, that is like 3rd world.. who was responsible for that? who manages the school districts & is responsible for education? isn't that the Detroit govt?


In and of itself, NAFTA may not have been a large factor in what's been going on in Detroit or elsewhere in the U.S. economic scene, although I think that people might pick on it as one of the more recognizable examples of the general trend of free trade, outsourcing, and other policies which has led to more money leaving the country than is coming back. But NAFTA itself may not have been the source of the problem, since the U.S. lowered its tariffs before NAFTA. One of the arguments for NAFTA I recall was that Mexican tariffs on U.S. goods were still high, while we already lowered our tariffs on goods coming from Mexico. The Maquiladoras were in operation long before NAFTA.

As for Detroit, some cities just shrink. It happens.




tj444 -> RE: Corporate Personhood -- What Happens at GM? (6/12/2014 10:01:49 PM)


quote:

ORIGINAL: Zonie63

quote:

ORIGINAL: tj444

quote:

ORIGINAL: MrRodgers

The point is, the auto and related support jobs suffered from a lot more than Detroit govts. and the unions.


it was a lot of factors but NAFTA wasn't a large one.. but why didn't people adapt to other industries and diversify? How does a city end up with half its population being illiterate? I cant even imagine that as a workforce, that is like 3rd world.. who was responsible for that? who manages the school districts & is responsible for education? isn't that the Detroit govt?


In and of itself, NAFTA may not have been a large factor in what's been going on in Detroit or elsewhere in the U.S. economic scene, although I think that people might pick on it as one of the more recognizable examples of the general trend of free trade, outsourcing, and other policies which has led to more money leaving the country than is coming back. But NAFTA itself may not have been the source of the problem, since the U.S. lowered its tariffs before NAFTA. One of the arguments for NAFTA I recall was that Mexican tariffs on U.S. goods were still high, while we already lowered our tariffs on goods coming from Mexico. The Maquiladoras were in operation long before NAFTA.

As for Detroit, some cities just shrink. It happens.


well,.. being a Canadian, I grew up with most stuff in stores being "Made in America" (do you think I liked that?) and the US seems to not get that when they sell their stuff to other countries, it costs those other countries their jobs.. Americans don't care what jobs that cost Canadians and today 60% of goods sold in Canada are produced either from the US or by US owned corps that have outsourced to China, etc.. So when Americans bitch about lost jobs, they are just getting a taste of what I grew up with.. so I see bitching about NAFTA & outsourcing as being whiney, petty and selfish (in a global world where countries need to co-operate & trade is a two-way street).. The US is a developed country, it has considerable advantages over its competitor countries, so if it (whether its Detroit or the US as a whole) is in the crapper, its due to its own mismanagement and corruption.. I know some people say the US deficit is no big deal, nothing to worry about, blah, blah, blah.. but Detroit's deficit eventually caught up to them.. I expect the same will happen to the US federally at some point.. and that will make this last recession look like a picnic.. JMO..




Zonie63 -> RE: Corporate Personhood -- What Happens at GM? (6/13/2014 7:01:18 AM)


quote:

ORIGINAL: tj444
well,.. being a Canadian, I grew up with most stuff in stores being "Made in America" (do you think I liked that?) and the US seems to not get that when they sell their stuff to other countries, it costs those other countries their jobs..


The debate over NAFTA was about America buying stuff from other countries, along with criticism of the practice of outsourcing. Most Americans probably wouldn't be all that concerned about our stuff being sold to Canada, since it only would benefit a few people at the top. If Canada wished to impose tariffs or put protections on their own economy to reduce American imports, I would have no problem with that whatsoever.

quote:


Americans don't care what jobs that cost Canadians and today 60% of goods sold in Canada are produced either from the US or by US owned corps that have outsourced to China, etc.. So when Americans bitch about lost jobs, they are just getting a taste of what I grew up with.. so I see bitching about NAFTA & outsourcing as being whiney, petty and selfish (in a global world where countries need to co-operate & trade is a two-way street)..


It's more than just lost jobs. It's the general decline and neglect of our industrial base and infrastructure which is probably a more significant issue. The same philosophy and mentality is largely responsible for the decline in our educational system as well. Of course, the militaristic neo-cons will someday be hoisted by their own petard when they find they have to depend on other countries for military components - since Americans are rapidly losing their skills and don't know how to make stuff anymore.

I also find it ironic when the neo-cons have been kissing up to China for all these years while still maintaining a hawkish, pseudo-nationalistic posture. They talk it up about "loyalty" and "patriotism," loudly condemning "traitors" and so forth, yet look what they've been doing.

I understand that this is a global world and countries need to cooperate, but that's just as true now as it was back in 1914 or even 1814. Actually, it's always been the case, for as long as humans have existed. But even though the world would be far better off with mutual cooperation, fairness, and justice, it doesn't mean that it actually happens. It would be nice if it did.

quote:


The US is a developed country, it has considerable advantages over its competitor countries, so if it (whether its Detroit or the US as a whole) is in the crapper, its due to its own mismanagement and corruption..


No doubt about that. However, doesn't it stand to reason that much of the "petty whining" might be about said mismanagement and corruption? That's something I would see as an internal issue of American domestic politics, not something that would directly affect Canada or Canadians.

quote:


I know some people say the US deficit is no big deal, nothing to worry about, blah, blah, blah.. but Detroit's deficit eventually caught up to them.. I expect the same will happen to the US federally at some point.. and that will make this last recession look like a picnic.. JMO..


Some might argue that this is necessary. The wealth of the world has been lopsidedly concentrated in just a few countries, although by removing barriers and making it a global economy, wealth is a lot more fluid and will likely continue to be redistributed until it finds its own equilibrium. This is why countries in Europe are facing austerity and why we're facing similar problems here in America.

We've had it so good for so long, while much of the rest of the world has been living in destitution and hunger. If this goes on unimpeded (and assuming we don't degenerate into another world war), then ultimately, all countries in the world will have the same standard of living and comparable wages. It's an absolute necessity if America is going to compete in this world that American workers (and Canadian and European workers, for that matter) will have to take less money and endure a significantly reduced standard of living. Naturally, a lot of people aren't too thrilled at the prospect, although there may not be any other choice.

Of course, this would also mean that everything would have to cost less here in America. Food prices would have to come down, housing costs, healthcare, energy - all would have to be subject to price controls in order to make the "global economy" practical. American workers can't possibly compete with workers who earn only a fraction of what we earn, since our expenses are so incredibly high. So, in order for America to be more competitive, expenses have to be reduced.






Musicmystery -> RE: Corporate Personhood -- What Happens at GM? (6/13/2014 7:11:22 AM)

quote:

ORIGINAL: Zonie63

I understand that this is a global world and countries need to cooperate, but that's just as true now as it was back in 1914 or even 1814.


No, it's not. It's FAR more true today than in 1914, and much more so than in 1814. Transportation is easy and faster, and our economies are far more intertwined. Isolation isn't the option it used to be.

Of course, even in 1814, we were about acquiring more and more territory, and in 1914, we had only recently become a world power by taking the Philippines in the Spanish-American War (which angered a lot of people -- Andrew Carnegie offered to buy it back). And while we say out WWI largely, we didn't mind picking up all that slack in European markets, and, in typical American fashion, we ignored this as the short-term decade or two windfall it was only to expect it was our right. We repeated the exercise after WWII ravaged Europe again, only to find in the 70s that someone our magic economy, for which we had never developed any long-term strategy, wasn't magic once the rest of the world caught back up. So we decided we'd better focus on whom to blame instead--our "strategy" ever since.

Nonetheless -- we are 5% of the world, but 25% of the world's economy. We are intertwined, and that's not going away.




tj444 -> RE: Corporate Personhood -- What Happens at GM? (6/13/2014 7:29:40 AM)


quote:

ORIGINAL: Zonie63

But even though the world would be far better off with mutual cooperation, fairness, and justice, it doesn't mean that it actually happens. It would be nice if it did.


I blame that lack of fairness, etc on greedy Corporate America.. they will do or say anything to get what they want, they will falsify tests, they will bribe, they will blackmail, they will even kill to gain market share.. I was reading recently about Monsanto lying about its studies to Japan politicians about their gmo soybeans to get laws changed so they can invade and saturate that market.. American corps have no soul (I would actually say they are Satan reincarnated), they are the scourge of the world.. They are the reason for this last recession, which affected not only the US but the world economies..

These large corporations should be broken up into small entities, just as AT&T was.. this should be done in all the countries they exist in.. that would sap some of their power over puppet politicians & tax policies & laws..
quote:

ORIGINAL: Zonie63

Of course, this would also mean that everything would have to cost less here in America. Food prices would have to come down, housing costs, healthcare, energy - all would have to be subject to price controls in order to make the "global economy" practical. American workers can't possibly compete with workers who earn only a fraction of what we earn, since our expenses are so incredibly high. So, in order for America to be more competitive, expenses have to be reduced.

Some people have become minimalists & buy only what they actually modestly need, but most are still consuming like there is no tomorrow.. as long s they continue to consume, prices will stay high..




Musicmystery -> RE: Corporate Personhood -- What Happens at GM? (6/13/2014 7:47:44 AM)

The US is Canada's largest market.

73% of Canada's exports go to the United States, vs. 63% of Canada's imports are from the United States. [By comparison, trade with Canada makes up 23% of the United States' exports and 17% of its imports -- more than U.S. trade with all countries in the European Union combined, and well over twice U.S. trade with all the countries of Latin America combined. Just the two-way trade that crosses the Ambassador Bridge between Michigan and Ontario equals all U.S. exports to Japan.] Canada is also the United States' largest foreign supplier of energy.

The problem for Canada is that agricultural, energy, forestry and mining exports account for about 58% of Canada's total exports -- all natural resources. This doesn't create jobs, and it presents a long-term problem for Canada, evidenced in the short run by the various ghost towns and high unemployment away from the key central manufacturing, service jobs (the bulk of Canadian employment) and the software industry. Machinery, equipment, automotive products and other manufactures account for 38% of exports.




tj444 -> RE: Corporate Personhood -- What Happens at GM? (6/13/2014 10:07:30 AM)


quote:

ORIGINAL: Musicmystery

The US is Canada's largest market.

73% of Canada's exports go to the United States, vs. 63% of Canada's imports are from the United States. [By comparison, trade with Canada makes up 23% of the United States' exports and 17% of its imports -- more than U.S. trade with all countries in the European Union combined, and well over twice U.S. trade with all the countries of Latin America combined. Just the two-way trade that crosses the Ambassador Bridge between Michigan and Ontario equals all U.S. exports to Japan.] Canada is also the United States' largest foreign supplier of energy.

The problem for Canada is that agricultural, energy, forestry and mining exports account for about 58% of Canada's total exports -- all natural resources. This doesn't create jobs, and it presents a long-term problem for Canada, evidenced in the short run by the various ghost towns and high unemployment away from the key central manufacturing, service jobs (the bulk of Canadian employment) and the software industry. Machinery, equipment, automotive products and other manufactures account for 38% of exports.

Yes I know natural resources don't create many jobs, that's why buying manufactured goods from the US & other countries costs Canada jobs it would have if it produced those at home.. that is also why I (personally) would prefer that keystone not divert Canadian jobs to the US.. and that other natural resources be value added in Canada rather than shipped raw to the US.. but Canadian taxes are higher & Canadian wages are higher than the "cheap labor rates" in the US.. sorta what those that bitch about US outsourcing to China, etc bitch about.. [8|]




Zonie63 -> RE: Corporate Personhood -- What Happens at GM? (6/13/2014 10:58:00 AM)


quote:

ORIGINAL: Musicmystery

quote:

ORIGINAL: Zonie63

I understand that this is a global world and countries need to cooperate, but that's just as true now as it was back in 1914 or even 1814.


No, it's not. It's FAR more true today than in 1914, and much more so than in 1814. Transportation is easy and faster, and our economies are far more intertwined. Isolation isn't the option it used to be.

Of course, even in 1814, we were about acquiring more and more territory, and in 1914, we had only recently become a world power by taking the Philippines in the Spanish-American War (which angered a lot of people -- Andrew Carnegie offered to buy it back). And while we say out WWI largely, we didn't mind picking up all that slack in European markets, and, in typical American fashion, we ignored this as the short-term decade or two windfall it was only to expect it was our right. We repeated the exercise after WWII ravaged Europe again, only to find in the 70s that someone our magic economy, for which we had never developed any long-term strategy, wasn't magic once the rest of the world caught back up. So we decided we'd better focus on whom to blame instead--our "strategy" ever since.

Nonetheless -- we are 5% of the world, but 25% of the world's economy. We are intertwined, and that's not going away.


I would still maintain that there has always been a need for global cooperation, no matter if countries and governments actually did it or not. They had to cooperate at least some of the time, and there's always been trade among nations in one form or another.

Sure, transportation is faster, and so is communication. But that, in and of itself, does not automatically dictate a global economy. It's still choice that we and other nations are making.




Musicmystery -> RE: Corporate Personhood -- What Happens at GM? (6/13/2014 11:28:07 AM)

No. It's a choice we made long ago.

To unmake it in favor of isolationism would be catastrophic.

I would agree the world economy and economic systems need a makeover. But not a suicide.






Zonie63 -> RE: Corporate Personhood -- What Happens at GM? (6/13/2014 11:40:43 AM)


quote:

ORIGINAL: tj444


quote:

ORIGINAL: Zonie63

But even though the world would be far better off with mutual cooperation, fairness, and justice, it doesn't mean that it actually happens. It would be nice if it did.


I blame that lack of fairness, etc on greedy Corporate America.. they will do or say anything to get what they want, they will falsify tests, they will bribe, they will blackmail, they will even kill to gain market share.. I was reading recently about Monsanto lying about its studies to Japan politicians about their gmo soybeans to get laws changed so they can invade and saturate that market.. American corps have no soul (I would actually say they are Satan reincarnated), they are the scourge of the world.. They are the reason for this last recession, which affected not only the US but the world economies..

These large corporations should be broken up into small entities, just as AT&T was.. this should be done in all the countries they exist in.. that would sap some of their power over puppet politicians & tax policies & laws..


You get no argument from me on this point. My view of business was originally influenced by my grandfather, who was a salesman with a chemical company for many years. He had a very cynical view about business, "caveat emptor" and all that. The history of American business is a rogues' gallery of slaveowners, robber-barons, exploiters of child labor, mafiosi, etc. So it shouldn't be any huge surprise that their descendants are not much different.

I don't know if breaking them up will work, although there might be other approaches that could be tried. (I have a few ideas of my own, but I'm sure that nobody will like them.)

quote:


quote:

ORIGINAL: Zonie63

Of course, this would also mean that everything would have to cost less here in America. Food prices would have to come down, housing costs, healthcare, energy - all would have to be subject to price controls in order to make the "global economy" practical. American workers can't possibly compete with workers who earn only a fraction of what we earn, since our expenses are so incredibly high. So, in order for America to be more competitive, expenses have to be reduced.

Some people have become minimalists & buy only what they actually modestly need, but most are still consuming like there is no tomorrow.. as long s they continue to consume, prices will stay high..


But with the downward push on wages, there's less money to buy stuff, so consumption will also fall. This is happening already.




tj444 -> RE: Corporate Personhood -- What Happens at GM? (6/13/2014 12:03:02 PM)


quote:

ORIGINAL: Zonie63


quote:

ORIGINAL: tj444

Some people have become minimalists & buy only what they actually modestly need, but most are still consuming like there is no tomorrow.. as long s they continue to consume, prices will stay high..


But with the downward push on wages, there's less money to buy stuff, so consumption will also fall. This is happening already.


sure, and that will happen over time, with ups and downs on the way down.. and imo why the US will eventually cease to be the "superpower" it is today.. rich people tho, they can move their money and investments to other countries, diversify and continue to do quite well..




Zonie63 -> RE: Corporate Personhood -- What Happens at GM? (6/13/2014 4:53:54 PM)


quote:

ORIGINAL: Musicmystery

No. It's a choice we made long ago.

To unmake it in favor of isolationism would be catastrophic.

I would agree the world economy and economic systems need a makeover. But not a suicide.



I agree with what you said above about the Spanish-American War and the World Wars, although that would seemingly make it a series of choices based on a short-sighted and slightly skewed perception of the world. This, combined with our elite's avarice and a less-than-honest approach by convincing the public that it's all for "freedom" and "to make the world safe for democracy." However, it wasn't just a single choice, but many choices.

I'm not advocating total isolationism, but I think the real problem is that we Americans have gotten used to having our cake and eating it too, so much so that we can't seem to envision any other way that isn't catastrophic (relatively speaking). We seem to want to have a policy of quasi-nationalistic militarism, along with all the flag-waving, condemnation of "traitors," and an emphasis on "patriotism" and "loyalty." At the same time, we want world peace, a global economy, along with freedom and democracy all over the world. We can only have either one or the other, but we want both.

Therein lies the problem with America's economy and position in the world. We can't seem to figure out whether we want to be Napoleon or Dudley Do-Right.






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