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The truth is that post-war America was blessed by ridiculous growth for that half-century across all industries. That's not going to happen again. We have true
by scarejunba 7y ago
The truth is that post-war America was blessed by ridiculous growth for that half-century across all industries. That's not going to happen again. We have true global trade now and labour is fungible.
Reality is different now, guys. There's competition. And they're fucking good at what they do.
- tehjoker 7y agoAlternatively, we can look to our fellow workers overseas and realize we have a common interest to not be exploited. We can work together towards a new system where we do not allow the free movement of capital to mercilessly exploit workers.
- scarejunba 7y agoIt's been 172 years since the workers of the world were asked to unite. They've realized in the intervening period that not only does the roofer in North Carolina share less in common with the road layer in the Philippines than the roofer business owner in NC but also he doesn't want to share more. I, for one, don't care to shore up the race to the bottom. It's a physical law. I'm just going to aim to be wealthy enough that I'm not at the bottom. That will do. Systems that require "if we all do this, it'll work" will not work and life being limited, I'm going to optimize elsewhere.
- tehjoker 7y agoThis is really sad and defeatist. It's not a physical law, but we will be reduced to serfs if this continues. The people of the Philippines are bravely fighting, including in armed conflict against the Duterte regime and have forced some concessions.
- harryh 7y agoMoving capital overseas has dramatically helped workers in low wage countries. Why would they want to stop this phenomenon?