2 ms·

Why is it inherently better to protect one middle class job in a first world country rather than lift 2 families out of poverty in the developing world? I'm not

by Aunche 6y ago

Why is it inherently better to protect one middle class job in a first world country rather than lift 2 families out of poverty in the developing world? I'm not pretending that outsourcing is ethical thing to do, but neither is opposing outsourcing.

toomuchtodo 6y ago
I vigorously support those with more wealth than they'll ever spend (billionaires and such, the wealthiest in the world) to take efforts to lift the poorest out of poverty. We're talking about a nation's labor policies to protect it's own citizens. Why would a nation disadvantage it's own citizens for the benefit of another country's citizens? If you're not protecting the income and ability to accumulate wealth of your citizens, this comes out of the pocket of your government's coffers for safety nets. So, at scale, weak labor policies are a wealth transfer from the middle class (that they didn't agree to) to other countries (as well as shareholders of your own country). The richest 1%, with over $1 million in wealth, own 44% of the world's wealth, but we're going to keep chipping away at the middle class?
- Aunche 6y ago
  I'm talking about multinational corporations, not individuals or nations.
  - toomuchtodo 6y ago
    As am I. I'm arguing against labor arbitrage, due to weak labor regulation and protections, as a wealth transfer mechanism by multinationals (operating in a market while outsourcing labor to another, collecting and profiting off the spread, while likely paying minimal taxes where they're domiciled). The hollowing out of the American middle class over the last 40 years due to globalization is what the end result looks like, hence why those in the Western world should not support further globalization efforts (including outsourcing offshore). Just like an airplane, oxygen mask on yourself first, then help those around you. https://www.npr.org/sections/thetwo-way/2015/12/09/459087477/the-tipping-point-most-americans-no-longer-are-middle-class https://www.npr.org/sections/thetwo-way/2015/12/09/459087477...
    - bumby 6y ago
      While I agree with your point, that linked article has a seemingly perverse way of defining middle class. Middle class = 0.67(median household income) - 2.0(median household income) Was there something wrong with the traditional definition of middle quintiles?

by Aunche 6y ago

toomuchtodo 6y ago

I vigorously support those with more wealth than they'll ever spend (billionaires and such, the wealthiest in the world) to take efforts to lift the poorest out of poverty. We're talking about a nation's labor policies to protect it's own citizens. Why would a nation disadvantage it's own citizens for the benefit of another country's citizens? If you're not protecting the income and ability to accumulate wealth of your citizens, this comes out of the pocket of your government's coffers for safety nets. So, at scale, weak labor policies are a wealth transfer from the middle class (that they didn't agree to) to other countries (as well as shareholders of your own country). The richest 1%, with over $1 million in wealth, own 44% of the world's wealth, but we're going to keep chipping away at the middle class?

Aunche 6y ago
I'm talking about multinational corporations, not individuals or nations.
- toomuchtodo 6y ago
  As am I. I'm arguing against labor arbitrage, due to weak labor regulation and protections, as a wealth transfer mechanism by multinationals (operating in a market while outsourcing labor to another, collecting and profiting off the spread, while likely paying minimal taxes where they're domiciled). The hollowing out of the American middle class over the last 40 years due to globalization is what the end result looks like, hence why those in the Western world should not support further globalization efforts (including outsourcing offshore). Just like an airplane, oxygen mask on yourself first, then help those around you. https://www.npr.org/sections/thetwo-way/2015/12/09/459087477/the-tipping-point-most-americans-no-longer-are-middle-class https://www.npr.org/sections/thetwo-way/2015/12/09/459087477...
  - bumby 6y ago
    While I agree with your point, that linked article has a seemingly perverse way of defining middle class. Middle class = 0.67(median household income) - 2.0(median household income) Was there something wrong with the traditional definition of middle quintiles?