Having worked the majority of my life in the automotive sector in Australia, I find it extremely disappointing that every effort is being made to dump our manufacturing abilities offshore. I get that economists and multi-national corporations run the world now, but how do their theories and constant focus on profits improve a tradesman's life?
Forget about manufacturing, it's the service sector that is the future. This has been the call for several decades now in America, the UK and yes Australia too. So if we are not manufacturing anything, what are we servicing? Bloody geniuses. Look at the state of the economies in the US & the UK. Australia's economy only underpinned by the huge holes we can dig in the ground.
But wages are too high, yeah good one. Even in the most recent closure of Shepparton Preserving Company, the Federal Liberal Coalition and it's advisers are banging on about high wages for workers. Look to China, they say, where the average monthly wage is around $AU850 and they can't eat the fish from their own rivers. Or move manufacturing to India where the average monthly wage is $AU100 and buildings are collapsing around textile manufacturing workers, killing and maiming hundreds of them. People's lives have no value to theorists and policy makers, their livelihoods are all about greed & $$$
Without going all conspiracy theory, market economics is not going anywhere and we have to adapt to survive in this system we now live in. Or get rid of politicians with short term views that obviously coincide with election cycles. All in all - not likely.
ren0vator
Forget about manufacturing, it's the service sector that is the future. This has been the call for several decades now in America, the UK and yes Australia too. So if we are not manufacturing anything, what are we servicing? Bloody geniuses. Look at the state of the economies in the US & the UK. Australia's economy only underpinned by the huge holes we can dig in the ground.
But wages are too high, yeah good one. Even in the most recent closure of Shepparton Preserving Company, the Federal Liberal Coalition and it's advisers are banging on about high wages for workers. Look to China, they say, where the average monthly wage is around $AU850 and they can't eat the fish from their own rivers. Or move manufacturing to India where the average monthly wage is $AU100 and buildings are collapsing around textile manufacturing workers, killing and maiming hundreds of them. People's lives have no value to theorists and policy makers, their livelihoods are all about greed & $$$
Without going all conspiracy theory, market economics is not going anywhere and we have to adapt to survive in this system we now live in. Or get rid of politicians with short term views that obviously coincide with election cycles. All in all - not likely.
ren0vator
I live in the US and I feel the same way about supporting our US made products. I try really hard not to buy foreign made products but it can sure be hard when most of the stuff I see is made in China.
ReplyDeleteYeah Carrie. It is very difficult to buy local & support our neighbours jobs. China, India, Thailand, and now Africa too. Free trade, globalisation, increasing market share by multi-nationals who have no function other than profit. Capitalism is definatley in need of ren0vation.
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