Topic: | Re:No longer Great Britain manufacturing wise | |
Posted by: | Edward Przepiora | |
Date/Time: | 26/03/12 15:41:00 |
I agree. The only way around it is to encourage companies to invest in this country (or their home countries in general), not by lowering employment taxes etc ... but by increasing export duty on products and services provided by overseas companies, instead. This way it would not be economic to outsource to countries like India for labour or China for goods. Frankly, I am not against so called globalisation and the specific countries (mentioned above). I think I am against general freedom of capital. It sounds like companies have a unique way of reducing costs, have ability to move capital quickly, but social implications are contemplated by neither companies (because frankly it is not their job or role to do), and neither by governments who are not agreeing to anything meaningful from strategic perspective. Unfortunately governments change every five or so years, so it is not in their interest to provide the short term stability I think the bottom line is that people will speak out and force governments to perform what actually people want from governments. Current understanding of labour and productivity has no social positive meaning. The value of general happiness has faded. I never understood why it is “cheaper” to keep people on benefits, and instead more expensive is to give them jobs. I remember reading that true nature of capitalism has been eroded by fudging social elements in it. These (fudged capitalism) have never worked, at least in USA and this country. In short it bacame too expensive to keep people silent, I suppose. The whole idea of social networking may do something positive here, it might be a trigger to something new, a changed world |