Here are beginning and concluding excerpts from commentary by Assoc Editor Susan Nielson of the Oregonian today on the subject of diverse economies, a Prime Topic in Oregon with 8% unemployment (though I’ve read that some temp hiring is up).  Nieslen’s entire piece is attached, 3.5 pages (37 KB) and I urge those who have participated in this thread to read it for the two sides she presented of this coin.

- KWC

 

When the company leaves the company town

By Susan Nielsen, Associate Editor, in the Sunday Oregonian, June 15, 2003

Loyalty is not an American trait, not like independence or drive.  But it's still a shock when a major U.S. corporation acts disloyal by threatening to leave town.

Today it's the Boeing Co., declaring its disloyalty to the Puget Sound region after 86 years of building airplanes in Washington state.  Yesterday it was the trust that controls Hershey Foods Corp., trying to sell the candy company out from under the Pennsylvania town that made Hershey great.  Tomorrow, it could happen in Oregon with Nike, Hewlett-Packard or Intel.

The story goes beyond airplanes and chocolate to any product that can be assembled, processed, designed or serviced more cheaply elsewhere than in its hometown. The more global the commodity, it seems, the less loyal the company to any "home."

American workers need a strategy to deal with this threat of disloyalty.  So do states, which spend millions luring whole industries, only to become too dependent on a handful of corporations.  The problem won't solve itself. As goods and ideas flow more easily between states and countries, so will jobs. 

Blue-collar and white-collar jobs.  Maybe your job.  Or at least, the job you thought belonged to you, in the company you thought you built.  "The whole notion of job security is fundamentally changing," says Bob Bussel, associate professor of history and director of the Labor Education and Research Center at the University of Oregon. "The idea of a lifetime job and a loyal company is an older notion."

….Swallowed by a giant.  Third, communities should diversify, diversify, diversify.  Gresham hoped Fujitsu Microelectronics would stay a major employer forever, but the memory chip plant closed in 2001 after only 13 years.  Portland-based Willamette Industries was an Oregon mainstay since around 1906, but got swallowed by global timber giant Weyerhaeuser early last year.  Counting on a business not to move or sell out is as risky as owning all stock in a single company.

Finally, states should anticipate and prevent destabilizing moves, rather than react in a panic.  Washington state, for example, let the traffic in the Puget Sound area worsen for years, ignoring Boeing's complaints about the difficulty of moving goods and people.  Leaders also dismissed Boeing's plea to spread the cost of unemployment insurance more fairly.  Now, Boeing's threatening to pack the U-Haul. State leaders are standing by the curb and promising to do anything, anything, for Boeing to please stay.  That sets a bad precedent for other businesses. Cortright called it "cash prizes for bad corporate citizenship."  "The more you threaten and the more you bluster," he said, "the more money you get from the state. It's kind of a sad commentary."

Build loyalty from ground up.  Americans think these big U.S. companies belong to them. People in Washington state claim Boeing as "theirs," though Boeing has three major divisions in the United States and operations worldwide.  People in Oregon call Nike their own.  They also claim Hewlett-Packard in Corvallis and Intel in Hillsboro, though both are headquartered elsewhere.

We're all wrong.  These companies belong to themselves.  With the act of incorporation, they become legal bodies with needs as distinct and powerful as human bodies, and survival instincts just as keen.  If they don't adapt, they'll die, said Raymond Waldmann, who retired in 2000 as Boeing's vice president for international relations.  "I think corporations do have to take into consideration the community and people who hold jobs," Waldmann said.  "On the other side of the coin, companies have to stay in business.  There's a balance."

That balancing act happens with every American company trying to be a good employer but getting pushed to compete and cut costs.  The pressure to slash wages and benefits is enormous when people overseas are grateful to work for peanuts.  It's easy for corporate managers to perceive American workers as greedy and unreasonable by comparison, simply for expecting decent jobs.

As corporations flex their global muscles, employees lose power.  The balance between community and corporation gets out of whack.  Blue-collar workers have known this for decades, as their jobs disappeared overseas while corporate profits soared.  Today, white-collar jobs are also shifting overseas.  Computer programmers, database managers and call-center operators now hear that giant sucking sound, too.

This job shift adds to what economists call a jobless recovery.  Workers have a simpler term.  Betrayal.

Demanding loyalty from big U.S. companies on moral grounds is a lost cause.  Communities should build loyalty from the ground up, and spread their investments as broadly as the best mutual fund.  Citizens can help by showing the kind of loyalty to their hometowns that they'd like corporations to show. 

The small decisions about buying locally and staying involved add up.  The goal, of course, is not to control the behavior of airplane makers and chocolate companies.  The goal is to imagine the United States with Wal-Mart as the only place left to shop or work, then pledge allegiance to a more promising future.

http://www.oregonlive.com/news/oregonian/susan_nielsen/index.ssf?/base/editorial/1055505463260060.xml

 

 

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