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rockhopper

Offshoring Has Destroyed The Economy

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Off shoring is not a technology advance. Its just a way for the usual spivs to make a lot of money at the expense of society

Yup

I see Birmingham SSR are offshoring 100 IT jobs to India.

I'm sure the contractor will comply with all of Birmingham's equality opportunities and diversity policies :rolleyes:

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a lost job is a lost job. doesnt matter if it is offshored, gets cut by the government, is replaced by technology or becomes obsolete.

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a lost job is a lost job. doesnt matter if it is offshored, gets cut by the government, is replaced by technology or becomes obsolete.

The problem is that we have built our society on the premise that most people would earn enough in wages to sustain mass produced goods and services- we then arranged to undermine this paradigm by opening up our labour markets to billions of people who were in a position to undercut those wages.

This is inherently contradictory and what we now see is the result as our current social/economic arrangements grow increasingly stressed by that contradiction.

loading people up with debt while destroying their earning power was never going to end well.

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Labour were quite happy to encourage off shoring. Someone loses their job, they become dependent on the state and a Labour voter.

What people don't see is that why they get the chance to buy cheap crap, they have to pay extra in taxes to support all the people out of work, so the stuff isn't really cheaper after all.

What I find more annoying is that there are lots of potential controls in place without resorting to tariffs that could be used to control and increase the cost of imports that are used aggressively in other countries (like Germany for example, surprise surpise) but not here.

Yes but if you don't work you get more in benefits plus everything you buy is really cheap.

Double Bubble!

:blink:

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The problem is that we have built our society on the premise that most people would earn enough in wages to sustain mass produced goods and services- we then arranged to undermine this paradigm by opening up our labour markets to billions of people who were in a position to undercut those wages.

This is inherently contradictory and what we now see is the result as our current social/economic arrangements grow increasingly stressed by that contradiction.

loading people up with debt while destroying their earning power was never going to end well.

I think most of Europe will conclude that the only answer is National Socialism.

if 2007 was 1929 we are now in 1933

Seems about the right timescale.

:blink:

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Excellent article thanks for posting

Don't know where people get this idea that Chinese tat is "cheap."

"Cheap" kettles and electricals that need replacing 10x more often than they used.

Branded items from iPads's and trainers made in suicide camps are not exactly a bargain.

Someone is pocketing a fortune and taking the mickey in one go!

What about the environmental cost of all that disposable crap?

Edited by Ruffneck

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  • 298 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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