Founder Of Reaganomics Says That “Without A Revolution, Americans Are History”

[stockstradr]

sjk, Thank you for posting the link to that very well-written article

[briansd1]

[quote=CA renter]
Some would contend that it was never the unions that “priced us out of the market” because it was those unions that provided the *customers* of those businesses that had union labor. It was a virtuous cycle: well paying jobs produced wealthier employees who were customers of the companies who provided those well paying jobs. Once the corporations decided to get greedy and grow their profits at the expense of their workers and customers, they began the steady destruction of their customer base.
[/quote]

Maybe that wast just an aberration in the history of capitalism.

Allowing unionization and providing more benefits to workers may just have been a temporary concession to workers to avoid revolution.

Remember that in the first 1/2 of the 20th century, revolution was taking place throughout the world.

[briansd1]

[quote=CA renter]
Some would contend that it was never the unions that “priced us out of the market” because it was those unions that provided the *customers* of those businesses that had union labor. It was a virtuous cycle: well paying jobs produced wealthier employees who were customers of the companies who provided those well paying jobs. Once the corporations decided to get greedy and grow their profits at the expense of their workers and customers, they began the steady destruction of their customer base.
[/quote]

Maybe that wast just an aberration in the history of capitalism.

Allowing unionization and providing more benefits to workers may just have been a temporary concession to workers to avoid revolution.

Remember that in the first 1/2 of the 20th century, revolution was taking place throughout the world.

[briansd1]

[quote=CA renter]
Some would contend that it was never the unions that “priced us out of the market” because it was those unions that provided the *customers* of those businesses that had union labor. It was a virtuous cycle: well paying jobs produced wealthier employees who were customers of the companies who provided those well paying jobs. Once the corporations decided to get greedy and grow their profits at the expense of their workers and customers, they began the steady destruction of their customer base.
[/quote]

Maybe that wast just an aberration in the history of capitalism.

Allowing unionization and providing more benefits to workers may just have been a temporary concession to workers to avoid revolution.

Remember that in the first 1/2 of the 20th century, revolution was taking place throughout the world.

[briansd1]

[quote=CA renter]
Some would contend that it was never the unions that “priced us out of the market” because it was those unions that provided the *customers* of those businesses that had union labor. It was a virtuous cycle: well paying jobs produced wealthier employees who were customers of the companies who provided those well paying jobs. Once the corporations decided to get greedy and grow their profits at the expense of their workers and customers, they began the steady destruction of their customer base.
[/quote]

Maybe that wast just an aberration in the history of capitalism.

Allowing unionization and providing more benefits to workers may just have been a temporary concession to workers to avoid revolution.

Remember that in the first 1/2 of the 20th century, revolution was taking place throughout the world.

[briansd1]

[quote=CA renter]
Some would contend that it was never the unions that “priced us out of the market” because it was those unions that provided the *customers* of those businesses that had union labor. It was a virtuous cycle: well paying jobs produced wealthier employees who were customers of the companies who provided those well paying jobs. Once the corporations decided to get greedy and grow their profits at the expense of their workers and customers, they began the steady destruction of their customer base.
[/quote]

Maybe that wast just an aberration in the history of capitalism.

Allowing unionization and providing more benefits to workers may just have been a temporary concession to workers to avoid revolution.

Remember that in the first 1/2 of the 20th century, revolution was taking place throughout the world.

[briansd1]

[quote=CA renter]
We need to enact tariffs to offset the profit margins gained by exploiting cheap labor around the world. Otherwise, it is a race to the bottom, which should be clear to everyone by now (but for some reason, too many people refuse to see it!).[/quote]

Not if you look at all humans equally.

From a world humanitarian perspective, as long as more people are being lifted out of poverty than fall into poverty, then the system is working.

If 10 million Americans fall into poverty, but 100 million Chinese gain education and a “middle-class” life, it’s a net positive gain for humanity.

Actually, if Americans can no longer afford “Carlsbad-like” neighborhoods and everything in San Diego deteriorates to “El Cajon-like” and people have to move to apartments, it still won’t be the end of the world.

[briansd1]

[quote=CA renter]
We need to enact tariffs to offset the profit margins gained by exploiting cheap labor around the world. Otherwise, it is a race to the bottom, which should be clear to everyone by now (but for some reason, too many people refuse to see it!).[/quote]

Not if you look at all humans equally.

From a world humanitarian perspective, as long as more people are being lifted out of poverty than fall into poverty, then the system is working.

If 10 million Americans fall into poverty, but 100 million Chinese gain education and a “middle-class” life, it’s a net positive gain for humanity.

Actually, if Americans can no longer afford “Carlsbad-like” neighborhoods and everything in San Diego deteriorates to “El Cajon-like” and people have to move to apartments, it still won’t be the end of the world.

[briansd1]

[quote=CA renter]
We need to enact tariffs to offset the profit margins gained by exploiting cheap labor around the world. Otherwise, it is a race to the bottom, which should be clear to everyone by now (but for some reason, too many people refuse to see it!).[/quote]

Not if you look at all humans equally.

From a world humanitarian perspective, as long as more people are being lifted out of poverty than fall into poverty, then the system is working.

If 10 million Americans fall into poverty, but 100 million Chinese gain education and a “middle-class” life, it’s a net positive gain for humanity.

Actually, if Americans can no longer afford “Carlsbad-like” neighborhoods and everything in San Diego deteriorates to “El Cajon-like” and people have to move to apartments, it still won’t be the end of the world.

[briansd1]

[quote=CA renter]
We need to enact tariffs to offset the profit margins gained by exploiting cheap labor around the world. Otherwise, it is a race to the bottom, which should be clear to everyone by now (but for some reason, too many people refuse to see it!).[/quote]

Not if you look at all humans equally.

From a world humanitarian perspective, as long as more people are being lifted out of poverty than fall into poverty, then the system is working.

If 10 million Americans fall into poverty, but 100 million Chinese gain education and a “middle-class” life, it’s a net positive gain for humanity.

Actually, if Americans can no longer afford “Carlsbad-like” neighborhoods and everything in San Diego deteriorates to “El Cajon-like” and people have to move to apartments, it still won’t be the end of the world.

[briansd1]

[quote=CA renter]
We need to enact tariffs to offset the profit margins gained by exploiting cheap labor around the world. Otherwise, it is a race to the bottom, which should be clear to everyone by now (but for some reason, too many people refuse to see it!).[/quote]

Not if you look at all humans equally.

From a world humanitarian perspective, as long as more people are being lifted out of poverty than fall into poverty, then the system is working.

If 10 million Americans fall into poverty, but 100 million Chinese gain education and a “middle-class” life, it’s a net positive gain for humanity.

Actually, if Americans can no longer afford “Carlsbad-like” neighborhoods and everything in San Diego deteriorates to “El Cajon-like” and people have to move to apartments, it still won’t be the end of the world.

[davelj]

[quote=briansd1][quote=CA renter]
We need to enact tariffs to offset the profit margins gained by exploiting cheap labor around the world. Otherwise, it is a race to the bottom, which should be clear to everyone by now (but for some reason, too many people refuse to see it!).[/quote]

Not if you look at all humans equally.

From a world humanitarian perspective, as long as more people are being lifted out of poverty than fall into poverty, then the system is working.

If 10 million Americans fall into poverty, but 100 million Chinese gain education and a “middle-class” life, it’s a net positive gain for humanity.

Actually, if Americans can no longer afford “Carlsbad-like” neighborhoods and everything in San Diego deteriorates to “El Cajon-like” and people have to move to apartments, it still won’t be the end of the world.[/quote]

And therein lies the problem. We look at our “problems” from our perspective (of course). The vast majority of the “underdeveloped” world views globalization very favorably because their lot is being improved measurably at the margin. And this improvement is coming at the expense of the middle class in the developed world. Who deserves what? It’s hard to say. Because where you stand depends upon where you sit.

[davelj]

[quote=briansd1][quote=CA renter]
We need to enact tariffs to offset the profit margins gained by exploiting cheap labor around the world. Otherwise, it is a race to the bottom, which should be clear to everyone by now (but for some reason, too many people refuse to see it!).[/quote]

Not if you look at all humans equally.

From a world humanitarian perspective, as long as more people are being lifted out of poverty than fall into poverty, then the system is working.

If 10 million Americans fall into poverty, but 100 million Chinese gain education and a “middle-class” life, it’s a net positive gain for humanity.

Actually, if Americans can no longer afford “Carlsbad-like” neighborhoods and everything in San Diego deteriorates to “El Cajon-like” and people have to move to apartments, it still won’t be the end of the world.[/quote]

And therein lies the problem. We look at our “problems” from our perspective (of course). The vast majority of the “underdeveloped” world views globalization very favorably because their lot is being improved measurably at the margin. And this improvement is coming at the expense of the middle class in the developed world. Who deserves what? It’s hard to say. Because where you stand depends upon where you sit.

[davelj]

[quote=briansd1][quote=CA renter]
We need to enact tariffs to offset the profit margins gained by exploiting cheap labor around the world. Otherwise, it is a race to the bottom, which should be clear to everyone by now (but for some reason, too many people refuse to see it!).[/quote]

Not if you look at all humans equally.

From a world humanitarian perspective, as long as more people are being lifted out of poverty than fall into poverty, then the system is working.

If 10 million Americans fall into poverty, but 100 million Chinese gain education and a “middle-class” life, it’s a net positive gain for humanity.

Actually, if Americans can no longer afford “Carlsbad-like” neighborhoods and everything in San Diego deteriorates to “El Cajon-like” and people have to move to apartments, it still won’t be the end of the world.[/quote]

And therein lies the problem. We look at our “problems” from our perspective (of course). The vast majority of the “underdeveloped” world views globalization very favorably because their lot is being improved measurably at the margin. And this improvement is coming at the expense of the middle class in the developed world. Who deserves what? It’s hard to say. Because where you stand depends upon where you sit.

[davelj]

[quote=briansd1][quote=CA renter]
We need to enact tariffs to offset the profit margins gained by exploiting cheap labor around the world. Otherwise, it is a race to the bottom, which should be clear to everyone by now (but for some reason, too many people refuse to see it!).[/quote]

Not if you look at all humans equally.

From a world humanitarian perspective, as long as more people are being lifted out of poverty than fall into poverty, then the system is working.

If 10 million Americans fall into poverty, but 100 million Chinese gain education and a “middle-class” life, it’s a net positive gain for humanity.

Actually, if Americans can no longer afford “Carlsbad-like” neighborhoods and everything in San Diego deteriorates to “El Cajon-like” and people have to move to apartments, it still won’t be the end of the world.[/quote]

And therein lies the problem. We look at our “problems” from our perspective (of course). The vast majority of the “underdeveloped” world views globalization very favorably because their lot is being improved measurably at the margin. And this improvement is coming at the expense of the middle class in the developed world. Who deserves what? It’s hard to say. Because where you stand depends upon where you sit.

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