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Originally Posted by Baraka_Guru
Yeah, and the U.S. is the pinnacle of corporate ethics.  |
When did I ever say that? The Nixon defense is no reason for us to aspire to be like China, which I know you didn't suggest, but Ace seems to have.
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Neither China nor Russia have respectable reputations when it comes to their economies, but what they do have is a track record of moving from tough communist restrictions to a globalized economic structure. And they've done so reasonably well. You have to give them that. Give them time, and you just might see less of the horrible things you mentioned.
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When I see less of the horrible things I mentioned, I'll give them that. Until then, hell, anyone can screw people over.
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And about labour: this isn't China's fault.
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No, it isn't. It's ours. We should never have allowed outsourcing to happen.
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There are many factors leading to this. America has to let go of the fact that their manufacturing isn't going to return to its former glory. Times change.
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It has to. Period. A country that doesn't make anything is relying on everyone else wanting to move little pieces of colored paper around for their economy to survive. That's a piss poor foundation on which to build a financial system.