Is the USA a big bully these days?

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 Equality 7-2521 wrote:

 IVNORD wrote:

 Equality 7-2521 wrote:

 IVNORD wrote:

THe US is the main pillar of global economy. Excluding ourselves from it is ridiculous. Blaming it for the loss of manufacturing jobs is even more ridiculous. Global economy is a self-regulating mechanism. THe process of globalisation is at leas 100 years old, they just  didn't call it that way back then. Migration of jobs and entire industries began probably with the debasing of the steel manufacturing if not earlier. When it became economically profitable to produce steel closer to the sources of iron ore at much cheaper labor cost while the shipping costs declined. Textile, chemicals, agriculture and many more followed suit. 20 years ago engineering began its displacement. Nobody said a word. All this latest crap is pure politics. Manufacturing will not be spared. But eventually new jobs will be created as new technology will appear. And some old jobs will return to the US when the world salaries level off thanks to global economy. Right now we are simply priced out of some industries. 

Right now manufacturers are able to enjoy the booming American market without the burden of paying American taxes or labor. Correct. Capitalism always strives to maximize profits. 
To say globalization is not the cause of the loss of manufacturing jobs is ridiculous. Of course the global economy is the cause of the job loss, my entire post attests to that. BLAIMING it for the job loss is ridiculous. It's like blaiming the wind for blowing your hat off your head. The capital will always seek cheaper labor markets. Prohibiting it will result in ultimate demise of capitalism. 
Capitalism can exist perfectly fine confined to a country's borders. Prohibiting these actions wouldn't be a leash on capitalism; it would just be a recognition of borders. I understand why jobs go overseas. I even support jobs going overseas, but I don't see how you can say globalization doesn't cause them to go to cheaper labor markets. Sorry for the confusion. We're saying the same thing here. Blaiming the loss of jobs on the global economy is correct. Blaiming (castigating) it for the loss of jobs is silly as it's a natural process. Fighting it is pissing against the wind.  If we codified anti-globalization policies capitalism wouldn't be compromised but manufacturing jobs wouldn't be lost. Can you imagine how complex the code should be? Capitalism is based on free markets. Stiff regulations are a threat to it. Protectionism is one of them. Actually, the latest debate is triggered more by the loss of white-collar jobs (manufacturing jobs migration is going on for years, see my original message), so most of it is political. Politicians don't do anything about it as nothing can be done, but they talk a lot as talk is cheap and people like it.

If we were to put protectionist policies in place producers would be forced to move their factories back to American to sell to the market that they depend on.  And prices would rise immediately causing a recession; foreign govenments would respond in kind closing international markets for us, not to mention we would be out-priced first; the global economy would collapse, etc.
Real Wages and employment would also rise though. Then you would have to raise wages across the board or risk pricing a huge segment of the population out of the market. In the former case you would face horrendous inflation, in the latter - a recession. I don't think a recession would necessarily follow. I largely agree with your second point which is a large reason I'm for globalization.
I don't see how you can say otherwise.  

Poll Question: A simple yes or no, foriegn opinions valued most.
Poll Choice	Votes	Poll Statistics
Yes	38	[64.41%]
No	21	[35.59%]
This topic is closed, no new votes accepted