More on Detroit

kyokogodal:

atwaterpub, so what you are saying is that the destruction of all major cities is due entirely to business moving out? I suppose that is possible. However, if that is the case, then only Americans are to blame, for continuing to purchase the products made by those companies. If they stopped buying them, then the companies would have gone under totally, and something else would have replaced them entirely. And why did those companies move in the first place? Did government have anything to do with it? Did unions have anything to do with it? More questions than answers in this thread.



 atwaterpub atwaterpub 2 minutes ago:

 kyokogodal I do not know all the answers or understand all the connections, but to me the predominant factor is MONEY. Follow the Money and that will lead to the main answers. I am 60 years old and my entire life in school and business we have placed primary value on profit and negated personal relations and personal ethics. It seems to me that we are paying the price for this imbalanced perspective. There are 60,000 homeless in Los Angeles. There are FOUR or FIVE homeless camps within three blocks of my apartment (depending on police activity). The collapse has already begun and only a restructuring of the economy will stop it. HALF OF ALL SINGLE FAMILY HOMEOWNERS in the USA HAVE NO MONETARY SAVINGS AT ALL (i.e. they do not have any money in the bank at all). The system cannot stand any slight instability or it will really collapse. Just wait and see.


kyokogodal:  Your assumption that the business HAD to move out or they would go bankrupt is not valid. Presently in the USA, the average CEO earns 200 - 2000 times what the average worker earns. In most Japanese corporations the average CEO earns 10 - 20 times what the average worker earns. American corporations are very "top heavy" with executive pay. Also the structure of the quarterly profit motive encourages short term financial gain at the expense of long term growth. This encourages CEO to seek personal gain at the expense of the entire corporation. Also the fact that all CEO's are largely exempt from personal criminal prosecution when the corporation engages in illegal activity encourages dishonest and unethical business practices. There are many inefficiencies built into the USA American economy that actually encourages this type of waste and exploitation of people and natural resources instead of actually building a stable economy and stable society.


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William Schaeffer