Here's an item that seems relevant to FW.
HUFFINGTON POST INTERVIEWER:
India's prime minister recently suggested offshoring processes to
India makes American corporations more productive overall. Is
there any validity to this statement?
IAN FLETCHER:
This is a mirage created by the fact that if you offshore the
low-productivity jobs from an American company, the jobs remaining
in the U.S. will have, by definition, higher productivity --
creating the illusion that the company is now more productive. But
jobs have still been lost, and there is, pace laissez-faire
economic theory, no guarantee that the workers who formerly held
them will find new jobs of equal or greater value. What works on
the level of the individual company is a net loss for the economy
as a whole.
http://www.truth-out.org/free-trade-doesnt-work-interview-with-economist-ian-fletcher65810
While I'm here...
For the last several years, the Saturday Globe & Mail's commercial
auction ads have run heavy to machine shops, tool & die makers, metal
fab shops, precision parts makers and the like. This category
represents the infrastructure that supports the rest of industry and
is the place where essential skills live and breed. I don't know if
Canada (chiefly Ontario) is losing several dozen shops of this kind
every year or if hope springs eternal among entrpreneurs who start and
then fail in these kinds of operations.
- Mike
--
Michael Spencer Nova Scotia, Canada .~.
/V\
[email protected] /( )\
http://home.tallships.ca/mspencer/ ^^-^^
_______________________________________________
Futurework mailing list
[email protected]
https://lists.uwaterloo.ca/mailman/listinfo/futurework
