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View Diary: Krugman: "The Competition Myth" (292 comments)

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  •  If we had called their bluff in the 70s (10+ / 0-)

    when there was no Chinese or Asian markets, they would have folded like a house of cards.     Build here what you sell here, or we'll tax you out of our market; and import a foreign company that actually wants our business. The longer we wait, the less any of the corporations will need the US market place.  

    We never use the power we have - always too timid, too ignorant, too afraid, or too loyal to a party that stabbed us in the back and abandoned us in the 90s.

    What we need is a Democrat in the White House.

    by dkmich on Mon Jan 24, 2011 at 04:14:03 AM PST

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    •  It started (4+ / 0-)
      Recommended by:
      PrahaPartizan, irmaly, drewfromct, neroden

      with the steel mills, I grew up in a steel mill town, and it had a healthy middle class, good schools, jobs, small family businesses, and it provided a good life for many.

      Right around the 1970's is when they started moving the steel industry overseas, and now the area I grew up in is a dismal place compared to the good days, I grew up in the town that Gene Shepherd wrote about in "God We Trust, All Others Pay Cash." His father worked in the mill and he writes about the kind of middle class background that is now a treasured memory of days gone by.  

      I will always remember some of the better times in our country when people mattered.  If we continue down this road eventually our government will become irrelevant to the people.  Especially, if they cut any last remaining safety nets like social security.  

      Certain violations of the social compact are too terrible to utter aloud: this is the meaning of the word unspeakable. Herman.

      by zaka1 on Mon Jan 24, 2011 at 05:33:13 AM PST

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    •  You assume that the powers that be (2+ / 0-)
      Recommended by:
      neroden, Betty Pinson

      want to see the democratic capitalistic model that's been in place since the country's founding, succeed.

      They don't.

      Read Jeff Sharlett's "The Family."  We're headed for an evangelical fascist plutocracy, and the target date is 2015.  

      •  The thing is, that will explode. (1+ / 0-)
        Recommended by:

        We're headed for an evangelical fascist plutocracy, and the target date is 2015.

        Yep.  But those people are so batshit crazy that they're going to self-destruct in a massive fashion.

        Trouble is they could take a lot of the world with them.  Hitler self-destructed in a massive fashion, after all, as did the militaristic elite of Japan in the 1930s.  We call it World War II.

        Read pp. 1-7 of Krugman's _The Great Unraveling_ (available from Google Books). NOW.

        by neroden on Mon Jan 24, 2011 at 10:11:19 AM PST

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        •  True. They will take as many as they can (0+ / 0-)

          with them when they go down.  And since they believe they will be rewarded in the afterlife, they don't give a shit.

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