[grabby]

$this->bbcode_second_pass_quote('', '"')the company needs to move towards full global integration of their operations so as to stop the current unease about the forces of globalisation turning into an all-out assault on big business".

[grabby]

$this->bbcode_second_pass_quote('Novus', 'I')n five years none of this is going to matter either way. It will be like the great depression II and big companies like IBM will be mostly bankrupt. It doesn't matter how low your costs are if no one can afford to buy your products. The only thing that will matter is gold and farmland.

[Windmills]

Once PO occurs, outsourcing, globalization, and multinational conglomerates will mostly become archaic terms. It's only a matter of time. The days are numbered for companies that are into heavy offshoring. The coming devastating economic situation will force relocalization of economic activity, and those companies that have managed to survive using local labour and talent will be in the best position to thrive.

[KrellEnergySource]

$this->bbcode_second_pass_quote('Windmills', 'T')he coming devastating economic situation will force relocalization of economic activity, and those companies that have managed to survive using local labour and talent will be in the best position to thrive.

[Falconoffury]

It doesn't make sense. A company cuts US jobs to produce goods overseas to sell in the US. Well, if jobs get cut, don't people have less money to buy the very items that the company is selling?

These are the questions. How can consumer spending remain so high in the face of outsourcing? Where are they getting the money to spend?

[Free]

$this->bbcode_second_pass_quote('Falconoffury', 'I')t doesn't make sense. A company cuts US jobs to produce goods overseas to sell in the US. Well, if jobs get cut, don't people have less money to buy the very items that the company is selling?

These are the questions. How can consumer spending remain so high in the face of outsourcing? Where are they getting the money to spend?

[Novus]

$this->bbcode_second_pass_quote('Falconoffury', 'I')t doesn't make sense. A company cuts US jobs to produce goods overseas to sell in the US. Well, if jobs get cut, don't people have less money to buy the very items that the company is selling?

These are the questions. How can consumer spending remain so high in the face of outsourcing? Where are they getting the money to spend?

[Falconoffury]

I wonder what would have happened to the USA if everyone simply reduced their spending rather than take on debts. That's what I do. If I have to either work for less money or live with inflation, I just reduce my spending and consumption.

[foodnotlawns]

$this->bbcode_second_pass_quote('Falconoffury', 'I') wonder what would have happened to the USA if everyone simply reduced their spending rather than take on debts. That's what I do. If I have to either work for less money or live with inflation, I just reduce my spending and consumption.

[TommyJefferson]

Where do IBM profits go?

Profit Margin: 9.27%

Operating Margin: 13.72%

% of Shares Held by All Insider and 5% Owners: 9%

% of Shares Held by Institutional & Mutual Fund Owners: 56%

% of Float Held by Institutional & Mutual Fund Owners: 62%

[SoothSayer]

If millions of families build Arks, the corporations will drown, though the individual Bosses will probably do OK, though they will lose their big powerful profit machines.


Err - what's all this "corporation" and "bosses" stuff?

A "corporation" consists of a stack of workers plus a stack of peripheral shareholders plus one or two top staff ("the bosses") plus a few key external directors or shareholders who can also be considered "bosses".

So a "corporation" is really YOU (as worker or direct shareholder or indirect shareholder via investments) ... plus a handful of rich people ... the "bosses".

I find the Conspricaty Theorists' model of a "corporation" as a highly intelligent, scheming, wicked, all-seeing magical creature rather unrealistic.

[DesertBear2]

$this->bbcode_second_pass_quote('SoothSayer', '
')So a "corporation" is really YOU (as worker or direct shareholder or indirect shareholder via investments) ... plus a handful of rich people ... the "bosses".

I find the Conspricaty Theorists' model of a "corporation" as a highly intelligent, scheming, wicked, all-seeing magical creature rather unrealistic.

[SoothSayer]

DB2 your overview is spot on.

The point I was making is that "The Corporation" is NOT a mythical wonder-beast, owned by Satan.

Senior management can do very naughty things ... but it won't stretch to conspiracies involving the Mafia, the KGB, secret space stations and Opus Dei.

[Russian_Cowboy]

$this->bbcode_second_pass_quote('SoothSayer', 'D')B2 your overview is spot on.

The point I was making is that "The Corporation" is NOT a mythical wonder-beast, owned by Satan.

Senior management can do very naughty things ... but it won't stretch to conspiracies involving the Mafia, the KGB, secret space stations and Opus Dei.

[shakespear1]

$this->bbcode_second_pass_code('', 'If millions of Americans stop buying cheap Chinese junk and start growing gardens and buying locally grown, it will make the corporations desperately fearful, I believe. ')

Shock and awe will be needed to get the American public to do things differently. For the moment the closest anyone is to gardening is growing and mowing the grass at the front of the house.

[gg3]

When managers, who are educated but not particularly political, start getting screwed in droves, they will get political fast. And it will not be to the advantage of the present Regime.

[spudbuddy]

I can understand how eventually skyrocketing transportation costs will knock the crap out of globalized commodities - (thereby re-creating the need for localized and regional trade)....obviously it's far cheaper.

All the cheap labour going on in southeast Asia won't matter if the profit margin falls off the table (in other words, when it becomes cheaper again to manufacture in Manchester England, for the local market - than a nickel/hr labor cost in China.)

But how will this impact India? A certain number migrate to the west to work - but this must be a tiny percentage of all these hundreds of thousands currently matriculating for high-tech employment.
Which means that eventually even the cost of the globalized network (electronically plugged in) will become expensive enough that it will no longer make economic sense.

-currently just started reading "Rising Elephant", by Ashutosh Sheshabalaya - published in 2005, the most current source of information I could find about the global shift to Indian high-tech.

[SoothSayer]

$this->bbcode_second_pass_quote('Russian_Cowboy', '')$this->bbcode_second_pass_quote('SoothSayer', 'D')B2 your overview is spot on.

The point I was making is that "The Corporation" is NOT a mythical wonder-beast, owned by Satan.

Senior management can do very naughty things ... but it won't stretch to conspiracies involving the Mafia, the KGB, secret space stations and Opus Dei.

[crow]

$this->bbcode_second_pass_quote('Falconoffury', 'I') wonder what would have happened to the USA if everyone simply reduced their spending rather than take on debts. That's what I do. If I have to either work for less money or live with inflation, I just reduce my spending and consumption.

[Kingcoal]

$this->bbcode_second_pass_quote('SoothSayer', '')$this->bbcode_second_pass_quote('Russian_Cowboy', '')$this->bbcode_second_pass_quote('SoothSayer', 'D')B2 your overview is spot on.

The point I was making is that "The Corporation" is NOT a mythical wonder-beast, owned by Satan.

Senior management can do very naughty things ... but it won't stretch to conspiracies involving the Mafia, the KGB, secret space stations and Opus Dei.