High Tech Research from U.S. Going to China
OPS_admin | Mar 21, 2010 | Comments 0
American companies have been trying, and failing, to compete against state-subsidized companies all around the world. No company or industry can stand against the national champions of Europe and Asia.
American companies have been trying, and failing, to compete against state-subsidized companies all around the world. No company or industry can stand against the national champions of Europe and Asia. They often face only two possible choices; American companies can either be put out of business, or they can relocate to compete.
Increasingly, according to The New York Times, those relocations are ending up in China.
China offers a wealth of opportunities for productive industries. It has 1.4 billion consumers who have more collective purchasing power with each passing day. It has a government willing, and able, to pay a premium in exchange for new facilities. More importantly, China has almost no worker protections, wage standards, or environmental regulations.
When faced with the possibility of paying an American $20 per hour to do a job cleanly and safely, or paying a Chinese worker a fraction of that cost with no other cost considerations, a firm would be foolish to stay here.
Full Story: High Tech Research from U.S. Going to China | Economy In Crisis.
OPS: When it comes to high-tech RESEARCH is the future. The future of the US is being sold out
Filed Under: Science & Technology
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If we don't change our ways soon...
A new report by the Royal Society, chaired by Nobel prize-winning biologist Sir John Sulston warns that world population must be stabilized and consumption in wealthy nations must be reduced or the entire planet is in big trouble. As the report reads: "The number of people living on the planet has never been higher, their levels of consumption are unprecedented and vast changes are taking place in the environment. We can choose to rebalance the use of resources to a more egalitarian pattern of consumption... or we can choose to do nothing and to drift into a downward spiral of economic and environmental ills leading to a more unequal and inhospitable future."This is the same warning that President Jimmy Carter gave Americans back in the 1970's - but it was ignored when Ronald Reagan came to power with a "more positive" message basically telling Americans we can do whatever we want. And then after 9/11 - Bush told us all we should go shopping and consume ever more.And now with corporations calling the shots in Washington - long-term sustainability of the planet takes a back seat to short-term profits. If we don't change our ways soon - and embrace clean, alternative energy and educate women around the plant - then we all could be headed for a rough century.-Thom(Is there any chance we will learn in time? Tell us here.) -
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The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness. 
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