Wednesday, May 6, 2015

Labor Unions: Educate Your People

Your people can manage a technological advantage in this world, they can enlarge the gulf between
science-based skills enlargement, and manufacturing skills. There is no possible way they are ever
going to stop cheap labor in the Pacific rim in our near future.
We are not going to manage more than one billion workers by simply demanding currency fairness,
or advertising our products as expensive but superior in quality.
Those two facts alone could at best, even if working in short-term solutions in selective markets,
can't stop the tide of the reality that emerging markets are proliferating in the far east, and they will
demand cheap products until we can get strong patent protection on our vastly superior methods
and more competitively priced products.
China's economy is a little like the 'arc of the moral universe'.
Their economy is in a long ascendant arc; but it will bend, in fits and starts, admittedly, toward stability for the Chinese middle class.
We have to refine what we have to offer in such a way the eastern middle class demands our expertise.
If we are to stop low wages and product encroachment in some select areas of the manufacturing segments of our society, we must take a long view. Those things will take more time than we have in the short term.
For  now, we need leadership on 'way' sophisticated products and processes.
We are not going to stop the rise of Chinese dominance in the Pacific Rim without a major deal with
them, soon.


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