The New Global & American Elite-- Decimating the American Middle Class

Sounds good . . until their is no America

Rocket River

 

At the same time, there are Japanese companies who ONLY want their employees speaking ENGLISH on the job, NO Japanese. The whole world is selling out on their culture for...universal togetherness? NO. For self serving profit motive.

Yes I want to limit what fellow Americans get so Applied Materials can prosper. We live for THEM, and THEY tell us how society should shift. Because they really CARE about Asian cultures?

This is why I don't follow the concept of "selflessness" to its extreme. Cuz its a farce. Its a select group of movers and shifters not wanting their motives contested by people, who are automatically believing they are doing the right thing.

 

But see, "culture" and "tradition" is a limiting concept that keeps people in "comfort zones" and shields them from real "progress". As in, religion (and we know how backwards THAT is!) And society at large follows the similar "tradition" approach, therefore society is ignorant and in darkness. Therefor their input is rendered as insignificant.

But we'll send out a sizable donation to an African or "third world" people to show we really care about the less fortunate.

"Liberal" and "Conservative" means little to nothing in the GRAND scheme of things. Both want a piece of the power pie and are fighting each other on WHO gets the influence, not on HOW does it help people.

 

Ironically, I think globalization of corporations will lead more to "world peace" than anything else, given that national identity become more of a blur when our livelihoods are affected by other countries all over the world. Then the world would no longer be ruled by governments, but rather big evil corporations. :grin:

Americans will buy less, but other countries, whose economies are benefiting from these companies, will buy more. I think from a long term perspective, global economy will simply narrow the gap between developed countries and developing countries.

 

I don't think so
I think it will be like modern America
You will have Elite Nations and Poor Nations
and maybe some Middle Class nations . . whose numbers will dwindle
over time



Rocket River

 

I do agree if everyone can prosper then it will halt wars. More money, booze and strip clubs for all, the Howard Stern ideology.

I think you then only swap national identity to more at-home personal differences. People will still fight each other over crap like who's a "douchebag" and who isnt.

But how much war is America trying to prevent now? You still have to imperialize nations who wont comply to your vision. Our man Einstein backed the atomic bomb for peaceful measures. Who makes the rules of who's identity stays and who goes away? And if a nation wants to create its own identity and own language, do you STOP that from happening?

Yeah we like liberties, but we don't like people practicing their liberty to be different, which is a supposedly protected human right.

But I guess if you had to imperialize through McDonalds or do it through warheads, you'd have to go with the first option

 

tl;dr

Just got home from discussing some off-shoring arrangements over a round of golf and I'm beat.

 

It may suck but its the truth. That is the world we live in. Don't expect middle class pay to screw on a bolt or answer a phone.

As part of team that is responsible for delivering and selling a successful product, we have to make that decision every product release. Do we want an one American to do the job or four people in China, Malaysia, or India? Sometimes it makes sense to have an American, and sometimes it doesn't.

 

I am not sure how America's middle class is "hallowed out" b/c more Chinese and Indians are entering middle class in their countries.
First off, the standard of middle classes are different in developed and developing countries. While here such a bar may be 70, 80k income per household, over in India and China, 10K income per household is middle class.
Second, is there necessarily a transfer of wealth from the middle class in US to those in China and India? The American economies, structure wise, are very different from that of India and China.
Third, how come we never heard such "hallow out" when Japan economically grew more competitive vis-a-vis US 40 years ago. Could it be a win-win as opposed to a zero-sum game?

 

I grew up in an era where the average American family was supported by the working husband, with the wife taking care of the home and the children. That was the case with my own upbringing. It was not only possible, but widespread in the country, as the veterans that grew up during the Great Depression and won a World War were able to get a college or vocational education with government help via the G.I. Bill. They received one year of unemployment compensation from the government after the war if it was needed. Millions of veterans and their families were able to buy homes with low interest home loans and no down payment. How? With government help. This created the modern American middle class. Yes, the modern American middle class was born from government programs that were the fruit of a bipartisan effort in Congress. Yet I see so many portray the government as a pariah. Ask your grandparents, if they went through the Depression and the war, whether the government is Evil Incarnate. Unless they have lost their memories, most will tell you no, not in their experience following WWII.

Far too many are buying lies told by the radical far right minority and the influencial media owned by the wealthy protecting their status in the country. Open your eyes, people.

 

As long as US keeps up with what it does best, I don't see why growing Chinese or Indian middle class will not benefit the US economy in the long run. By your logic, the American middle class should have been long hollowed out by the ascendance of west Europe and Japan.

 

Tarriffs....



DD

 

Just force the federal and state governments to buy domestic including labor.

 

The labor jobs had been gone for a time ago. Those jobs ain't coming back. It's time for the US to get even more competitive than just relying on easy money and real estate investments in the past 10 years or so.
I don't like calling it "hallowing out" like a dead tree. US doesn't lose jobs just to lift Indians or Chinese out of poverty. Either play the global game or get played in the global game. This borrowing and spending frenzy has to stop and we have get on to the track to generate again. Quit self-pity or scapegoating.

Well, leveling playing field certainly is part of the global game. The pressure for the developing world to intergrate upwardly in labor, safety, health, environment and so on standards has never stopped.

 

Capitalism, the replacement of nuclear weapons as deterrent to major war.

 

Ok, but when the banks fail again there won't be middle class to bail out the hyper rich.