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Let me tell you how bad this is. This is bad because due to the compounding effect of globalization, American workers are not competitive in the global market. To get competitive, wages and benefits need to go down. If the Union heartland is at risk then they are ALL at risk.

Now considering how social media spreads information like fire, I am gonna guess this will not sit well with the majority of Americans.

With the world economy literally starting to sputter, I don't see any room for people to negotiate their wages. From what I have been learning through my education, this is a pretty toxic mix of issues.

Something has to give...wonder what it will be? But I am sure most of you will know what it will be after reading this:

"After Developmentalism and Globalization, What?" By IMMANUEL WALLERSTEIN, Yale University.

P.S.
I am a NEWBIE at these diaries so please don't eat me alive if I didn't use proper etiquette with my style of writing.  I'm definitely open to suggestions by anyone.

~EZlivin87

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Comment Preferences

  •  "Granite"? Really? (2+ / 0-)
    Recommended by:
    Eclectablog, EZlivin87

    Perhaps you meant "Granted"?

    "Two things are infinite: the universe and human stupidity, and I am not sure about the universe." -- Albert Einstein

    by Neuroptimalian on Fri Dec 07, 2012 at 08:00:38 PM PST

  •  Wallerstein is always an interesting read (1+ / 0-)
    Recommended by:
    EZlivin87

    After Developmentalism and Globalization, What?:

    ...precisely because this is a period of transition in which the existing system is far from equilibrium, with wild and chaotic oscillations in all domains, the pressures to return to equilibrium are extremely weak. This means that, in effect, we are in the domain of "free will" and therefore our ac­tions, indi­vidual and collective, have a direct and large impact on the his­torical choices with which the world is faced. In a sense, to translate this into our con­cerns, we may say that the objective of "development" which coun­tries and scholars have been pursuing for some fifty years now are far more realizable in the next 25-50 years than they ever were up to now. But of course there is no guarantee, for the out­come is uncertain.



    Those who do not move, do not notice their chains. Rosa Luxemburg

    by chuckvw on Fri Dec 07, 2012 at 10:06:51 PM PST

    •  As Wallerstein has illustrated... (1+ / 0-)
      Recommended by:
      chuckvw

      ...the next 25-50 years will be for the history books.  As globalization brings consciousness to the masses in labor exploited countries, I believe there will be significantly more turbulent demonstrations against the system in general.  

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