Saturday, June 27, 2009

The truth about Globalisation

More agony for steel workers

I recently bought the above book by Philippe Legrain. Legrain seeks to point out that the anti-globalisation protestors have to a certain extent misunderstood globalisation. Globalisation is blamed for all our troubles too easily.

Even though this book was written in 2003 on Thursday I heard the above news about the loss of steel workers jobs and even though the recession is blamed there does seem to be a trend for a loss of unskilled jobs and in general these job losses were blamed on other countries doing the same job for lower wages - globalisation.

Legrain points out that in the USA the amount of imported steel is extremely limited and controlled. You can't really blame cheap labour for the massive job losses that have been experienced. In developed countries it is more likely to be the increase in technology that causes job losses. At Sparrows Point Steel plant in Baltimore 3500 workers produce as much steel today as 30,000 workers did in the past. It is important that if we decide to protest that we know what the problem is first. Perhaps we need to be honest and admit to ourselves that technology is our invention and it does cause job losses. Once we know the problem - we can work on the solution and the devastation facing those steel workers in NE England would suggest that we still have not worked this problem out.

No comments: