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...otherwise we are in the race to the bottom. Which of course is where we are right now.
Of course, there is also the issue of relative standards of living, and the fact that we Western nations enjoy a very elevated standard of living relative to most of the rest of the world (apart from their wealthy classes). That also has to equalize to some extent.
It is very interesting watching the forces in play right now. Within each country we have the rich and the super rich against everyone else -- as we see right here with the pay and wealth inequality being greater than at any other time in our own history. Yet we gobble up resources at a much higher rate than others on the planet, to sustain an unsustainable standard of living. At the same time, even if (say) Chinese workers unionized, their cost of living is still much lower than ours and so the cost of labor would still be cheaper there, and in India, etc., so the global corporations would still have incentives to use that labor rather than ours. And this is true even for educated workers, as we see with all of the programming work that has been farmed out to India.
While all this is going on, our empire is bankrupting us and we are cutting back on education at home, among other things. This of course reduces our competitiveness on the international stage. So there is only one direction we are going as a nation, and that is down. Hate to say it, hate to see it, but there it is.
I used to think that governments could act as a curb on the power of multinational corporations. But that, of course, was naive. The multinationals buy governments the world 'round, so there is at present no check and no balance on their power. Except one, and that is the power of the truth. Thank Gore we have the Internet, it may provide the vehicle for truth. The Mideast uprisings are an indication that perhaps the time is come when we citizens of the world will make use of the tools at our disposal to change things from the bottom up. Only time will tell -- and it won't come easily, that's for sure. Already in Egypt the military has disallowed unions and collective bargaining -- hopefully that will be restored when elections happen in September, but you can bet your boots the multinationals are in there buying people as we speak.
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