Bosses of huge corporations are pocketing millions by seeking highest profits... Off shoring jobs to reduce costs... Earning higher profits... Where is the solution?
If I started my own business after inventing a new product, I'd love to hire English people to manufacture it for me, but it'd cost more, thus reducing the potential return. Whilst I might be a nationalist and be willing to forgo a profit (which I am), if I needed to raise capital to get things going (which I would), all investors would want the highest return possible (or else they go elsewhere), then I'd be forced to offshore... Thus the force of capitalism is beyond our control. Corporations, finance, is independent of nations. They are global, and are in it for all of humanity, as oppossed to individual countries.
Posted By: Poirot, Jan 28, 19:01:19
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