The Forum > General Discussion > The level playing field is just a vacuous illusions that is destroying our quality of life
The level playing field is just a vacuous illusions that is destroying our quality of life
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There are two very basic flaws in the proponents of free trade ideology.Firstly countries like China and India have so many poor that they will have access to a cheap labour source for many decades to come.Secondly with diminishing energy and resources only a select few in the world will be able to experience the standards of living we all take for granted now.
With the lowering of tarrif barriers we are all working harder and longer just to maintain living standards we enjoyed ten yrs ago.Most of our manufacturing jobs have moved off shore and now we in the land of OZ are fighting over fewer options in the job market,thus working harder for less.
Small business in this country is being destroyed and the multinationals just take up the slack in China or India and sell back to Aussies with profits of over 1000%.
When the mineral boom ends,we will have no industries or technologies to provide a future for our children.
Manufacturing is not a troglodyte activity,it needs a lot of genius/tenacity from individuals and our universities to make it flourish.We are the gutless,stupid country in serious decay.
The energy/minerals boom is our poisoned chalice.