TahitiNut
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Fri Feb-29-08 12:31 PM
Response to Original message |
22. Bottom line? Because America would rather print dollars than create products with labor. |
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Edited on Fri Feb-29-08 12:33 PM by TahitiNut
When we "buy" labor by importing the human beings who will sell theirs for less (i.e. cheap labor) and EXPORT the means of production because we'd rather that someone else do the sweating than us, then we're REDUCING the things that can be bought with dollars (OUR products) and INCREASING the availability of dollars.
Obviously, there's a division WITHIN the country on this but, ON NET, that's how the system is working. We've surrendered control to the capitalists at the cost to the working class.
Dollars are worth nothing more than the promise of some entitlement ot BUY something produced in the US ... or some US asset or resource. That "promise" is a glut on the world market ... and confidence/trust in that "promise" is decreasing. Why? Well, if WE don't want our own products then who will?
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