----- Original Message ----- From: "John D. Giorgis" <[EMAIL PROTECTED]> To: "Killer Bs Discussion" <[EMAIL PROTECTED]> Sent: Saturday, March 06, 2004 12:30 PM Subject: Re: Race to the Bottom
> At 02:14 PM 3/5/2004 -0800 Doug Pensinger wrote: > >I'm for free trade as long as the environment and labor practices are > >taken into account (I agree with most of what Erik had to say). However, > >I do agree somewhat with Jan that U.S. corporations should have some > >loyalty to the country that fostered them and the workers that helped make > >them what they are. I don't expect them to have that loyalty however > >because the corporate conscience is almost wholly dependant upon the > >people that are in charge and all to often the rich and powerful believe > >themselves to be above the law. Loyalty is an emotion that seldom > >registers. > > Nevertheless, if by "loyalty" you mean keeping their goods and services > more expensive than those of their competitors, I think that it is very > unreasonable to expect that of anybody. > Conversely, do you see companies actually lowering prices for goods or services after outsourcing or offshoring. I don't see savings being passed on to consumers so much as being shared with investors. There is competition for investors just as much as there is for customers. I could be wrong in this, but most of the price lowering I see is through retailers and wholesalers. Are they in position to use outsourcing and offshoring the way manufacturers are? xponent Money Matters Maru rob _______________________________________________ http://www.mccmedia.com/mailman/listinfo/brin-l
