A possible way to bring outsourced jobs back.

[RM33]

So critic my idea. Tell me if you agree or disagree.

I am assuming that most people would love to see outsourced jobs come back. So in order to get these jobs back, there should be a law that says if a company outsource jobs, then no manager in that company can be paid more than 10 times minimum wage. That is total compensation, including but not limited to stock options, health benefits, gym membership etc etc.

If corporate management does not like the idea, they can bring the jobs back. If they do bring the jobs back, the salary caps are lifted.

[Blue Meany]

1. The problem is there are no American corporations anymore..

except when they need the US to defend their assets, start a war so that they can plunder other countries, or need to be bailed out. The rest of the time they are from the Bahamas, which isn't likely to support this legislation.

Seriously, I think multi-nationa mega-corporations are the new colonial powers, but unlike nations they have no homeland to which they have any loyalty. They will plunder communities anywhere in the world and then leave a mess for locals to clean up. They operate the same in the US as anywhere else, except, perhaps that they don't need private militias here.

[postulater]

3. In many ways national governments are irrelevant.

[postulater]

2. Corporate laws need to change

Any corporation that becomes large enough to sell stock on the market (thereby dispersing ownership into the wind) must allocate a percentage of stock to its' employees and another percentage to a local jobs co-op. Whenever a board thinks about closing a plant or outsourcing it must pass a vote of the stockholders including the employees and the co-op.

That will give the corporation some local roots. It couldn't just use up the labor until the prevailing wage rises above what they would pay in a third world country with no worker protection laws.

[Blue Meany]

5. Thisi a good idea.

I would like to see local ownership laws that require majority ownership to be members of the local community.

[jtuck004]

4. Screw-Mart has already done that to businesses here...

Also insisted that they move jobs out of the country, etc - all in the name of lower prices. The economics of bringing the manufacturing capacity back with no caps increases price, and the only place to cut it then would be...wait for it...worker wages.

I am being respectful, just discussing the idea, but know that several people in the "conservative\so-called-free-market\screw-everyone-for-a-profit" crowd that have encouraged the idea of getting rid of the min wage so that they could pay people less with the dubious benefit of "providing more jobs". When it is pointed out that those people would then have to live on a combination of their salaries and food stamps while their are no caps on management pay, their response seems to indicate that this is the way they think the world should be.

It also occurs to me that with that provision the company might just move their mgmt to another country and sell their goods as an export - no problem being quarted in the Caymens for a company with most of their work in Mexico, though there are some places where tax consequences might be worse than here.

We have to figure out a way to compete with price without doing it on the backs of the workers. One approach might be to make an appeal to patriotism (Buy American) or create businesses which are owned by the people who work in it - they might be able to compete with others who are just all about profit, and if they have a share in real decision-making they would have a voice in what management is paid - since they would be managment.

Thank you. It's nice to see someone thinking about how to replace 27 million jobs instead of all the other hoo-haw, for a change ;)

[Po_d Mainiac]

6. Our State Legislature passed an interesting bill on the same premise

Land owners that take advantage of the "Tree Growth Exemption" (which is basically a property tax subsidy for woodlot owners) lose the exemption, and a clawback to previous years, if they do a harvest using bonded (foreign) labor.
:popcorn: