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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?

To: shadowman who wrote (8083)	2/24/1999 1:57:00 PM
From: Bosco	Read Replies (1) \| Respond to of 9980

<o.t. re: unions> IMHO, unions at one point are necessary evil in this country [ok, I am biased <sg>] My 1st awareness of unionism here is UMW back in the early 70s. Their behavior was only a bit better than the snippers [allegedly members of teamsters] who shot fellow truckers - and fellow americans, I may add - way back when. I was living in the rust belt back then, so it was kinda 1st hand eyewitness. However, some unions were [still are] more enlightened than others. And how about the Teamsters tried to run UFW out of town when Caesar Charez [sp?] was organizing the latter?! Certainly, the plight of migrant workers was all too real [hence I think it is necessary, if not because "absolute power corrupts absolutely!" <g>] I suspect Larry's impetus [adv apology if I 2nd guessed him wrong <g>] is that of S Korean unions, which are quite militants [from outsiders POV anyway.] Here in the States, the latest outburst from Allied Pilot really doesn't win them any friend. best, Bosco

To: shadowman who wrote (8083)	2/24/1999 2:03:00 PM
From: Liatris Spicata	Read Replies (1) \| Respond to of 9980

Dennis- Having either large business or labor able to work their will with the coercive instrument of government is wrong. That's a strong argument for a minimalist government. In general, governments should stay out of labor management relations, except insofar as enforcing contracts is concerned. A major reason Taiwan has not been hit as hard as say, S. Korea in the current Asian Drama is that the Taiwanese gov. has not directed capital markets nearly to the extent the SK gov has. Government decisions on such matters are frequently made on the basis of political expediency, not economic rationale. SK's bias toward the chaebol has greatly damaged entrepreneurial interests in SK. Sort of like when MITI told Sochihiro (sp?) Honda that Japan already had enough auto manufacturers, thankyou. Honda ignored MITI's "advice". Larry P.S. Someone of my persuasion is not likely to issue any awards for altruism. P.P.S. No, I'm no great fan of FDR, or any other lying socialist politician, for that matter.

To: shadowman who wrote (8083)	2/24/1999 2:33:00 PM
From: Stitch	Read Replies (2) \| Respond to of 9980

Dennis; <<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.>> You are right. It has been said before and it was wrong headed then as it still is now IMO. From my perspective, there is a much larger middle class in Asia then in any time in history. Anyone who has traveled here over the last two decades would confirm, I am sure, that Asia has had a transformation. This notion of sweat shops and exploited masses simply doesn't hold water in the greater view. That is not to say that there isn't considerably more room for continued progression towards more of the same, led in part, by "exploitative" corporations and , hopefully, more enlightened governments and fewer crooks. Ask the average worker here if he is eager to go back to the Kempong and raise rice. Best, Stitch