A current article describing the overcompetition for jobs in the world today.
Steve
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FEATURE STORY | December 31, 2001
A New Giant Sucking Sound
by William Greider;)
he "giant sucking sound" Ross Perot used to talk about is back, only this
time it is not Mexico sucking away American jobs. It is China sucking away
Mexico's jobs. And jobs from Taiwan and South Korea, Singapore and Thailand,
Central and South America, and even from Japan. Globalization is entering
a fateful new stage, in which the competitive perils intensify for the low-wage
developing countries much like the continuing pressures on high-wage manufacturing
workers in the United States and other advanced economies. In the "race to
the bottom," China is defining the new bottom.
(snip)
rest of article:
http://www.thenation.com/doc.mhtml?i=20011231&s=greider
--
http://magma.ca/~gpco/
http://www.scientists4pr.org/
Anyone who believes exponential growth can go on forever in a
finite world is either a madman or an economist.—Kenneth Boulding
