Thursday, March 15, 2012

Globalisation, unions and Kraft at Keynsham

I recently read of a groundswell in the USA bitterly opposing thesell-off of their large companies and corporations to foreignpurchasers. It has lead to the unemployment of a massive proportionof the middle and working classes. A quoted instance is the purchaseof nearly all the car component manufacturing businesses in Detroitwhich has been bought by Chinese companies.

This is 'globalisation'. A worldwide phenomenon embraced, perhapseven started, but definitely encouraged, from the other side of thepond.

I'm not sure if I'm for or against this. My jury is still out.

What I do see in many instances, is the decline in the quality ofthose businesses …

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