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American Corporation Boogie

With India and China growing exponentially in the East, American corporations are becoming less likely to show their allegiance to the United States. To cut costs and maximize profit, they have diverted productions overseas and left many Americans out in the cold. They've basically jumped ship, and have refused to apologize for it. There is an increasing concern by conservatives that if the Democrats control Washington, more American corporations will jump due to imposed tax increases. That is a legitimate argument, but those people who believe that are essentially naive about corporations and business.

American corporations don't see themselves as "American." Nowadays, every one of them is striving to be a "global" corporation that just happens to work out of America. They set up operations throughout the world through unpopular trade deals like NAFTA. Some Americans don't like it when corporations see themselves that way--what's with all this "global" nonsense? If they are "global", they may send their jobs off globally.

Politically, the economic situation in America comes down to two arguments: we're in this mess due to a) Big Corporation is shipping jobs overseas because they are just plain greedy (The Democrats' position) or b) because they are being taxed up the wazoo by socialist jerks (The Republicans' position). However, both of them miss the mark about the opportunities that could arise in a free market economy such as ours if many American corporation do decide to continue to put the squeeze on the American worker.

The fact is the American people could just create more corporations to compete with those who are jumping ship. Corporations are nothing more than just a bunch of investors. They can pull their money out or put their money in anytime they feel like it.

If the American people wanted to, they could stick it to corporations like GM, GE, Microsoft, IBM, Halliburton, Verizon, and all the rest who offshore by boycotting these corporations. The problem, however, is getting people to overcome their fears. They doubt themselves when they say, "How can we compete with McDonald's, or Nike, or WalMart? They are multi-billion dollar corporations?" That's true. But they always weren't. They all started out small.

So how can the American people fight back against outsourcing? Well, this is the beauty of a free market. Pool your money together and compete against the WalMarts, McDonalds and the GMs. Use the internet to create economic coalitions. I'll give an example. Let's take WalMart.

If you are worried that WalMart will destroy small businesses, use your tax base to buy a building near WalMart and sell only local products, something like a big flea and farmer's market. If successful, you could franchise the concept. But remember that that would take a serious community effort.

Americans nowadays feel as if they can't compete against the WalMarts of the world. So they think why bother.

This is the death nail. They have defeated themselves before even trying.

What is really stopping a coalition of concern Americans to create a brand new car company like GM?

Sometimes I just wonder about the spirit of the American people. Whether its just a farce or a media talking point.
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