--- In [email protected], Peter <[EMAIL PROTECTED]> 
wrote:
>
> As we switch to a global economy, the localized
> pockets of high wages/high cost of living and low
> wages/low cost of living will normalize towards a mean
> that reflects true costs and appropriate wages. There
> definately are going to be some growing pains! We and
> Western europe are going to experience some dificult
> economic times. 
> 

I guess environmental protectionstandards, health standards, etc., 
are all "artificial" pressures to keep costs high?

> --- cardemaister <[EMAIL PROTECTED]> wrote:
> 
> > http://po.org.ar/poen/2005/poen923/poen923004.htm
> > 
> > General Motors, on the verge of bankruptcy
> > 
> > Delphi, the biggest auto parts supplier in the
> > United States, aims to 
> > force a wage reduction of 66% in the next collective
> > bargaining 
> > agreement. It intends to go from the current 27
> > dollars an hour to 
> > 9.50 dollars. In addition it demands cutbacks in the
> > pension and 
> > health plans. 
> > 
> > The bosses argues that it needs to produce this
> > historic reduction in 
> > the wages of its workers in order to be able "to
> > compete" with its 
> > own plants installed abroad: two thirds of Delphi's
> > employees live 
> > outside of the United States. The Mexican workers of
> > the company 
> > receive 7 dollars an hour; those of China, 3
> > (Clarín, 30/10). 
> > 
> > Delphi's "example" is spreading all over the
> > country: after having 
> > flexibilized the working conditions and wages of
> > millions of 
> > unskilled workers in the service sectors and
> > non-unionized companies, 
> > big capital is now getting ready to mount a
> > monumental attack on what 
> > the bosses media describe as an "aristocracy": the
> > more concentrated 
> > and organized sector of the industrial proletariat
> > of the big 
> > corporations. Recently, the mechanics of Northwest
> > airlines were 
> > themselves forced to accept a wage reduction of 26%.
> > 
> > 
> > After accumulating mountains of losses, Delphi has
> > filed for 
> > bankruptcy protection. It intends to save itself by
> > crushing its 
> > workers. Nevertheless, according to its own
> > president, Miller, "our 
> > problem is not the most urgent; GM's is more serious
> > ". The man knows 
> > what he is talking about: until not long ago Delphi
> > was a subsidiary 
> > of General Motors. 
> > 
> > 
> > 
> > 
> > 
> > 
> > 
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