In the UK the amount of jobs available is greater than at any other time. It has encouraged those normally out side the job market to enter the job market (single mothers on back to work schemes, more women in the work place than ever before). It would appear that you are talking about Employers moving out of UK or USA and setting up in Far East et al.
Western Corporate law has made it a priority for Companies to give their Share Holders the greatest return on their investment possible. If that means that the company must relocate to an area of cheap labour, as with Dyson (vacuum cleaner manufacturer) to the far east then that is what the company must do.
Global free trade is the allowing of Market forces to regulate pricing rather than government subsidies as economic policies argue that the market is more efficient at regularising trade than central government.
2006-09-26 03:10:18
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answer #1
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answered by Ashley K 3
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As far as the UK is concerned, the Government invests heavily in industry in an effort to keep British jobs. However, market forces drive companies abroad.
Thus, banks have their call centres in India - they are useless and totally inefficient, but the banks see this as a way of saving money so go for it.
China has such cheap labour that it can afford to take over the world market in textiles - it is virtually impossible to compete.
Also in the UK, the consumer has a role to play. If all those who have bought a car by a manufacturer that doesn't make cars in Britain - and there are a lot of foreign/multi-national companies that do - bought a car from a company that DOES invest here, the British economy would have billions of extra pounds to spend on things that matter such as education and health.
Education that would mean that people who, like you, have a low standard of education - 2 spelling mistakes and 1 grammatical mistake in 12 words - would be better placed to contribute to the national wealth.
2006-09-26 05:15:23
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answer #2
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answered by Essex Ron 5
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They could have prevented immigration on this lunatic scale. They could have avoided burdening industry with red tape and high taxation caused by high public sector expenditure. Much of the red tape is primarily generated by the EU and its Human Rights Act. Apart from that there isn't a great deal which government can do. You have to be able to compete in world markets, but how can you when you have a government that is obsessed with Social engineering and endless new initiatives and legislation.
2006-09-28 11:38:28
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answer #3
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answered by Veritas 7
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I think most administrations - govt - have done much to give incentives to businesses to keep jobs here but, unfortunately, no one made it illegal to export work. To hear some you would have to believe this administration is in bed with business to the demise of Americans. Truth is, if you - as a business - could get a person to do work for you at the rate of one dollar per day while keeping that same job here would cost you 12 per hour, where would you spend your money?
2006-09-26 05:17:33
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answer #4
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answered by Anonymous
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because it is now largely powerless against the movement of free labour in the global capitalist system and the free market. it could do some things to make skilled manual sector's life easier - there is a fair amount of red tape for the manufacturing sector for example. However it will never be de-taped enough to match up with the low wage, hi risk, non unionised, non regulated labour available in asia.
2006-09-26 05:08:41
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answer #5
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answered by jennymilluk 2
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Big businesses like to keep high profits at the very top of their chain. They have goods manufactured in foreign countries because the labor is cheap. There are no incentives for them to do things any other way.
2006-09-26 05:12:55
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answer #6
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answered by LindaW 2
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Because they are more interested in looking after the rest of the world at the expense of their own people and they have shares in the companies that are exploiting cheap unskilled labour which means their premium payouts are higher due to higher profits.
2006-09-26 06:36:14
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answer #7
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answered by LYN W 5
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The government has shown they have no desire to protect jobs in this country. Business has shown they have no loyalty to their workers. It is all about the near term profits. Long term, who is going to buy their products after the American middle class is decimated?
2006-09-26 06:18:46
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answer #8
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answered by industrialconfusion 4
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They were elected to their jobs, they don't care where ours go. Why don't they outsource their own jobs? Send the job they obviously don't want to do, or are inept at doing to an outside source.
2006-09-27 00:44:30
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answer #9
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answered by Schona 6
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Good Question
I think you should ask them
write a letter to your local congressman or to the whitehouse...
Blessed,
2006-09-26 05:07:38
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answer #10
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answered by Two Tenths Of My Two Cents 3
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