Why Did We Lose Sparta?
Here's a bit of the story of 'just another plant that got offshored.' Except it wasn't just another plant, it was a superstar profit machine, where the workers excelled at doing what was supposed to make everyone prosper. They were productive as hell, and kept getting more productive. But it didn't matter.
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I'll make two points: 1. First, the central claim of orthodox economics is that theory, predictions, and policy can and should be based on 'economic actors who make decisions based on rational analysis to maximize their economic well-being'. This case shows how questionable this claim is. Phillips blew off a strong, well-supported, funded proposal to keep this plant open. Then they lost hundreds of millions by moving this plant. 2. Given this sort of insane and irresponsible behavior, corporations do not deserve the freedom to make decisions like the one that closed this plant, without being answerable to anyone, or even having to explain themselves. |
To answer my own question, we lost Sparta to the power and dysfunctionality of trans-national capitalism.
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The answer here is a thorough reform and re-imagining of American Capitalism, moving us to a more mixed, more managed economy dedicated to maximizing the well-being of the populace as a whole. Now would be a great time to get busy and do it! Here's a discussion that gets into this idea:
https://theappeal.org/coronavirus-pa...A0QH8VlRIegO3M |
Meine deutchlander cousins have a law that says labor must have seats on the boards of corporations. We need a Marshall Plan for America.
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The problem, and the solutions, are of course as much political as economic. An observation quoted in the piece on The Appeal:
“The real problem is that our political system is no longer designed to serve the public interest, and has been slowly reconfigured to benefit the private interests of gain-seeking organizations: our major political parties and their industry allies,” the authors wrote, recommending a restructuring of the election process and system of governing, and diminishing the influence of money in politics. |
This is how I see it, too.
We have an oligarchic system that centers primarily on the military / industrial complex. IMHO, there is a clandestine one world government that maintains (and will continue to maintain) an illusion of national sovereignty. The end goal of this one world gov't is (again my HO) the fomentation of a final global confrontation known as Armageddon. Just like Ronald Reagan said, "We never know when (this) is going to happen". I recognized y'all are free to believe something else. |
Philips has acquired & subsequently closed other lighting plants in the US. This is troubling.
http://homenewshere.com/wilmington_t...a4bcf887a.html https://www.wickedlocal.com/news/201...60-losing-jobs |
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