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Posted by: jimdoze 1 year, 1 month ago

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    jimdoze1 year, 1 month ago

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    The part that is missed is that by further unionizing the work force it makes the work force more expensive, therefore less competitive, in the world labor market. Quite simply, this will accelerate outsourcing. The only policy option will then be to put up trade barriers and outsourcing barriers to "protect workers". Already we hear rumblings of this. Heavy emphasis on unionization is a first, but very steep, step down the road to protectionism. Protectionism is a key ingredient for worldwide economic depression, particularly in today's very sudden shift into a declining world economy. It is axiomatic that trade wars, having spun out of control, lead to shooting wars.
    IMO, the key to defusing this deadly circle is to remove emphasis on unionization and shift the emphasis to education... in a big way! Education improves human capital and elevates the competitiveness of the workforce in the world market.

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    • 67%
      canadianrancher571 year, 1 month ago

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      I agree with most of your comment but have a bit of a problem with the education part, there are many jobs in the worplace that don't require people to have to much smarts. There is a cost to educating people and it seems that in some job sectors it would be a waste of a persons time.
      Just for my own curiosity I was wondering if you could be more specific about how education would help in regards to the workforce in the world market, since most of the jobs that have been lost have been lost to lower wages in other countries and to me it is usually countries with a lower standard of living. I have read that last statement a couple of times and it still hasn't registered so I must be missing something.

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