Thursday, January 29, 2009

How to compete with the slave labor countries

Unless you never read the parts of the periodicals and view the programs on tv that deal with the socio-economic problems of the times, you know that a major factor crippling American families is the growth of corporate "outsourcing" of jobs to countries where the current era equivalent of slave labor exists. That factor has resulted in job layoffs for millions of Americans. How do you stop it? One way is to slap taxes on any goods and services emanating from the countries where there is slave labor. But I have a better idea: cooperatives run by the members of them in partnership with the U.S. Government. They could be established as non-profit. There would be no stocks, hence no triple tiering of profits that characterizes the corporate structure. The cost of goods and services obtained from such cooperatives could be kept low enough to compete with those emanating from the slave labor-using countries. It is worth a try, no?

No comments: