Ted wrote:
Reading this commentary, I am more convinced of a position I expressed a while back but haven't expressed since: In some way, we need some sort of worldwide minimum wage and other laws to balance out the enormous wealth and power being displayed by multinational corporations that can pack up and move to another country any time they don't like a particular country's business environment. I do not know how such a worldwide system of laws for doing business would be accomplished, but I am now certain that at some point, multinational corporations will be forced to face worldwide taxes and regulations on the ways that they do business.
Ted
Ted
My reply:
Ted,
multinational corporations won't face taxes if they control the international government. I still grumble over the lost opportunity of American Labor Unions to do two things. First, to organize the working people in Third World nations. Second, to promote legislation preventing American corporations and companies from shipping their jobs and factories and production centers over seas.
Now we are faced with the reality that Labor Unions do not have the clout to hold onto the hard fought gains from past struggles.
As we wave bye bye to the Middle Class, blow a few kisses to the once grand American Labor Movement.
Curious Carl
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