Labor Unions

[MRT144]

Originally posted by GePap


Oh really? So tens of thousands of Americans could move to Mexico to compete with Mexicans for factory jobs?

People can move within states. Movement between states is difficult (putting it mildly), while Capital is supposed to be able to move freely. So peoples within states compete for capital while their labor is "imprisoned", which allows the ones who control capital to shop for the places were they can charge the least, therefore leading to the demands that people in this country for example lessen their rights and accept lower wages simply to compete for that capital to stay at home.

yes, yes they could. they dont want to.

[Adam Smith]

The point of Heckscher-Ohlin is that traded goods embody the factors of production even if the factors are immobile.

But more importantly, GM pretty much proves my point. If capital was mobile ex ante and ex post, GM would have far lower losses because they could sell their money-losing plants for what they paid for them, and pocket the cash. But obviously they can't do that.

Good night.

[SlowwHand]

Yes, they could, what? Move to Mexico? **** Mexico. You miss the point. Why should I have to move?

[Rufus T. Firefly]

Originally posted by SlowwHand
Yes, they could, what? Move to Mexico? **** Mexico. You miss the point. Why should I have to move?

Why shouldn't you? Labor is cheaper south of the border; why should somebody give you a job when El Mano Lento will do the same job for half the price?

[MRT144]

slowwhand is just another person thats part of the entitlement society.

[Rufus T. Firefly]

Originally posted by MRT144
slowwhand is just another person thats part of the entitlement society.

Actually, I was just reading something about how guys like Slow are poised to be globalizations big losers. White collar managers win as they continue to be pampered by their ever-more-profitable 1st-world corporations; 3rd-world labor wins as manufacturing takes off overseas. It's the middle -- 1st-world labor -- that gets screwed.

[DaShi]

There does appear to be a trend in the decline of the middle class in the US.

Soon they will be gone, and then the revolution can begin.

[MRT144]

the real problem is america doesnt know how to cope with losing their comfort. ****ing pussies.

[Urban Ranger]

Originally posted by Adam Smith
But more importantly, GM pretty much proves my point. If capital was mobile ex ante and ex post, GM would have far lower losses because they could sell their money-losing plants for what they paid for them, and pocket the cash. But obviously they can't do that.

I am not so sure. GM's factories and equipment are probably all been depreciated so they aren't even in the equation anymore. If they could sell them that's a one-time extraordinary income.

Their big problem is their cars don't sell. Don't forget Japanese car makers got plants in the US as well.

[Wernazuma III]

Originally posted by Zkribbler


Labor unions are designed by humans and run by humans, so I can guarantee that there are going to be screw ups, inefficiencies and on rare occasions even criminal activity.

Proof:
The Austrian labor union's proper bank (yes, our labor union owns a bank) wasted some billion € in dubious Carribbean deals (while the union's spokesmen were complaining about "locust-capitalism"). In order to evade a break-down of the bank (and maybe, only maybe, to safe some fat socialist manager a$s), the union's boss risked the members' shares by secretly using the union's strike-funds as security.

Friendship!

[Fake Boris]

Originally posted by Adam Smith
The point of Heckscher-Ohlin is that traded goods embody the factors of production even if the factors are immobile.

But more importantly, GM pretty much proves my point. If capital was mobile ex ante and ex post, GM would have far lower losses because they could sell their money-losing plants for what they paid for them, and pocket the cash. But obviously they can't do that.

Good night.

Huge factories are hard to move because of their level of liquidity, not because of restrictions on capital.

[Zkribbler]

Originally posted by MRT144
the real problem is america doesnt know how to cope with losing their comfort. ****ing pussies.

No, the problem is that vitrually all the increased profits and capital gains that are being realized by American companies are going only to the owners while the wages and benefits paid to the employees are, at best, stagnating, and usually decreasing.

That you can attribute to:
(a) well organized corporate owners "buying off" Congress and owning the mass media,
(b) an indifferent public and
(c) ineffective efforts by labor

[SlowwHand]

Originally posted by MRT144
slowwhand is just another person thats part of the entitlement society.

Utter crap. It's not just me that suffers from manufaturing outside the USA.
Buy an American tool, or shirt, or do dah do dah; or bu 10 from China or buy Mexico. Not because of expense, because of quaity.
You think you save when buying? HA!

[Zkribbler]

Don't let him troll ya, Sloww.

[Imran Siddiqui]

Buy an American tool, or shirt, or do dah do dah; or bu 10 from China or buy Mexico. Not because of expense, because of quaity.

If I want quality, American goods may not be where I'd go... especially if I was buying an automobile .