Asia Forum Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Asia Forum

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Liatris Spicata who wrote (8078)	2/24/1999 12:43:00 PM
From: shadowman	Read Replies (3) of 9980

Larry, I'm not sure, but I don't believe anyone has postulated the premise that Unions were the "primary or only" catalyst for economic growth in the US. To dismiss their contribution to the establishment of an economically healthy working and middle class is a little harsh. To quote you: "Unions using government's to work their will may benefit politically influential workers, at the expense of those without the benefits bestowed by politicians." Could probably more appropriately read: Large corporate (or monied) interests, using governments to work their will, may benefit politically influential (economic) interests at the expense of those without the benefits bestowed by politicians. Neither side is going to win any awards for altruism. I think the argument that the unreasonable exploitation of workers to benefit a few well positioned corporations or owners, such as what is happening in much of the developing world, including parts of Asia (an attempt to be on topic), to the detriment of establishing a healthy consumer (middle) class is not an intelligent blueprint for economic or political stability. This has been said before on this thread. I'll bet you're no fan of FDR :)

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next