User157088589849
BlondeArtisit
Jr. Member
Posts: 493
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« on: December 12, 2016, 11:03:28 AM » |
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Economies in Ohio, Wisconsin Pennslyvania and Michigan have no future in this globalized world.
Trump can't do anything about globalization. You can't stop a capitalist system of paying someone $1 a day in some factory in Vietnam than a $10 an hour in Kentucky. It just doesn't make any economic sense.
Nestle recently announced that it was reducing sugar by 40% in its products because people are choosing what they eat. All around the world, recycling plants are being built, companies are being encouraged to produce less packaging and companies are heavily investing in CSR programs. The banking sector has fuelled car ownership, home ownership and many business start ups but this is all through globalization. The home someone buys is likely from a global company. In every company there are tax directors, chief accounting officers, chief risk officers , head of internal audit, chief sales officer, supply chain, planning, company secretary, head of legal that are all working in this globalized world to produce results for a shareholder and profit. Everywhere you look in America there are companies that live and breath this globalized system.
The consequence is simple; educated talent is leaving rural rundown western economies for the big cities with job opportunities.
The jobs and salaries will never come back to Wisconsin, Michigan, Ohio and Pennslyvania.
Trump can't do anything about globalization
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