Is economic inequality a problem?

Discussion in 'Blazers OT Forum' started by bluefrog, Dec 19, 2010.

  1. MARIS61

    MARIS61 Real American

    Joined:
    Sep 12, 2008
    Messages:
    28,007
    Likes Received:
    5,012
    Trophy Points:
    113
    Occupation:
    retired Yankee
    Location:
    Beautiful Central Oregon
    Automation is perhaps the most overhyped non-factor regarding employment in manufacturing.

    There has been very little job displacement in America in my lifetime that can be attributed to automation. The fact is machines need operators and they always will.

    If you're talking 100 years from now then maybe robots will be a major factor but in the next 30-50 years the expense of automated workers will not be feasible when labor is so cheap. The wave of automation actually ground to a near halt when American companies started going overseas for their manufacturing to avoid paying decent wages and being hampered by environmental laws. Worldwide pollution has probably tripled simply due to the unconscionable acts of these American companies, a debt our children will have to deal with financially and healthwise. People like Phil Knight are in fact some of the most evil humans on the planet, leaving a legacy of death and disease for future generations to come.
     
  2. MARIS61

    MARIS61 Real American

    Joined:
    Sep 12, 2008
    Messages:
    28,007
    Likes Received:
    5,012
    Trophy Points:
    113
    Occupation:
    retired Yankee
    Location:
    Beautiful Central Oregon
    Again, I don't know where you get such a bad image of the typical American worker. You must live around a bunch of meth heads or something. In over 20 years of hiring and firing employees I never had to fire anyone for lack of production. Not once.
     
  3. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

    Joined:
    Feb 15, 2010
    Messages:
    50,346
    Likes Received:
    22,532
    Trophy Points:
    113
    Well, I'm a business process outsourcer so its my job to do so.

    :NOTMARIS:
     
    Last edited: Dec 20, 2010
  4. bluefrog

    bluefrog Go Blazers, GO!

    Joined:
    Sep 23, 2008
    Messages:
    1,964
    Likes Received:
    81
    Trophy Points:
    48
    Occupation:
    Programmer
    Location:
    New Bern
    It seems like the government has done plenty to make the rich richer. Bank bailouts, agricultural subsidies and other corporate welfare have lined the pockets of a lucky few. Couldn't the government do something for folks who aren't on a senator's speed dial?

    Protecting the border is a start. Improving education would be a big help too.
     
  5. bluefrog

    bluefrog Go Blazers, GO!

    Joined:
    Sep 23, 2008
    Messages:
    1,964
    Likes Received:
    81
    Trophy Points:
    48
    Occupation:
    Programmer
    Location:
    New Bern
    I think another issue is many American's aren't taught the dignity of labor. Manual laborers are often looked down upon in our society. A lot of people have an attitude that they would rather leech off relatives and the government than get their hands dirty or wash dishes.

    My teachers often used the "you don't want to end up at McDonalds flippin' burgers" to motivate me in class. Yeah, these jobs suck but what happened to honor in putting in an honest day's work.
     
  6. maxiep

    maxiep RIP Dr. Jack

    Joined:
    Sep 12, 2008
    Messages:
    28,303
    Likes Received:
    5,884
    Trophy Points:
    113
    Occupation:
    Merchant Banker
    Location:
    Denver, CO & Lake Oswego, OR
    You'll get no argument from me that the practice of crony capitalism has been detrimental to our market based system. Too often, profits are privitized while losses are socialized, especially in banking. It needs to end.

    Your post reminded me of something else government can do, which is to re-enact the clause of Glass-Steagall that once again separates investment banking from commercial banking. Also, if a firm becomes "too big to fail", then it should be broken apart. Part of the capitalist cycle is the creative destruction that occurs from businesses failing and then parts of them rising from the ashes. Crony capitalism stops that natural process from occuring.

    Putting an end to crony capitalism will, by definition, help the little person by creating a truly level playing field.
     
    bluefrog likes this.

Share This Page