Unions did not cause globalization. Unions were already on the ropes when globalization took off in earnest, so that's just a bullshit excuse. The word is greed Stone - corporate greed. Simple as that. Worker productivity has increased exponentially the last 30 years. Corporate profits have increased exponentioally. CEO pay has increased exponentially. Worker pay has been pushed backwards to 1970's levels.
Given those facts, why is it virtious for the CEO class of billionaires and millionaires to hoard billions and avoid taxes and even get tax subsidies totalling in the billions, but it is somehow wrong for workers to lobby for a bigger share of the profits that their increased productivity and output created?
Unions did not cause globalization.
Correct, but I wasn't aware some one claimed they did.
Unions were already on the ropes when globalization took off in earnest, so that's just a bullshit excuse.
Excuse for what?
The word is greed Stone - corporate greed. Simple as that.
And union greed, too.
To an extent, unions did price labor out of a competitive range on what became a global setting, losing their influence and jobs/membership.
That's history, John.....and an element of the situation that exists up to today.
I have no intention to deny corporate greed exists.....it does.
My point is, Smith and you are presenting arguments from a biased position to further your own political dogma. And it's no more intellectually honest than teabagger/neo-con/libertarian arguments.
Worker productivity has increased exponentially the last 30 years.
Through technologies that foreign competitors have access to and often advance on their own.
It doesn't make US labor more valuable in comparison, in today's market places, John.
Corporate profits have increased exponentioally.
Yes, they have.
And your argument just went socialist with an argument to 'share the wealth'.....just as I knew it would.
I suspect it will be a slow return of off shored industry until the labor differential begins to favor the US.
I don't see this changing much with out our economy becoming socialist or foreign life styles in these cheap labor markets becoming equivalent to our own .
And with the enormous debt already in place, that likely spells an economic failure as new obligations are legislated and old debt defaulted.
CEO pay has increased exponentially.
In a capitalistic economic model.......that's never been anybody's business other than the stockholders/owners provided laws aren't broken.
This is something very few seem to understand, today.
John, unless you own stock in the company or laws have been broken......all you are doing is whining about your position in life.
That may sound uncaring, but it is a reality.
Otherwise, it's none of your business unless you are addressing income tax rates.
Worker pay has been pushed backwards to 1970's levels.
Yes, it has.
Reality.....take less pay or the job gets off shored or the company closes in some cases.
BTW....Smith denies this is a factor.
It is a factor of today's economic environment, John.
Given those facts, why is it virtious for the CEO class of billionaires and millionaires to hoard billions and avoid taxes and even get tax subsidies totalling in the billions, but it is somehow wrong for workers to lobby for a bigger share of the profits that their increased productivity and output created?
Nothing wrong with lobbying for a larger piece of the pie, at all, John.
It was done in Dayton.
We said good bye to Frigidaire, NCR (the original), Delco Electric Motors, Delco Moraine, The GM Truck Plant, Chrysler Airtemp and a host of others.
Labor was too high and even renegotiation at lower wages often a failure at becoming competitive.
There was bad management involved, too......but it happened and they are gone along with the jobs, not even off shored....just gone.
I have no issue with the right to negotiate for better wages. But I do get tired of the whining when the business model won't support wage rates and the job disappears.
...and this is the place for it, a debate forum 
