Just read that the old factory's been moved 50,000 miles away to Philippines cos it's more 'cost effective'. Yeah ok.. Get rid of jobs in England and get slave labourers to do it in far east to make a few bob. Stop the planet, i want to get off!
Too much short term thinking. Sell it all off to the foreigners. Then they wonder why every bugger's out of a job. Then they blame all jobless buggers for skintin country. Bee in bonnet time nar
It is the balls that make a 50,000 mile trip not the Phillipines is 50,000 miles away. The study looked into where all the components came from to make a ball, add all the milage up and its 50,000. Phillipines is around 6,000 miles away from England If Slazenger got the products from the same places for the old Barnsley plant, then the balls would still do about 44,000 miles or so
So it's still about the same distance then. So why move it there? Cos they can't be arsed to pay proper wages to the workers?
Just wow... If you owned a clothing business, would you rather make £20 or £40 per item? That's a lot more profit...
A combination of Marxism and Globalization The workers at the factory in Barnsley were probably on minimum wage (or not far off) and their hard graft was probably making the owners a measly £1million profit. It is a lot easier nowadays to make your UK workforce redundant and exploit foreign labour. Obviously made easier by globalization and a lack of legislation/minimum wage in other countries. A great opportunity for the owner of the means of production to make a bigger profit for himself. Blame Nike.
Our economy is in the dangerous position of relying on the supply of services and hardly anything else, when these services inevitably start to move to other countries we will be truly f**ked. We should have worked harder to make our industries more efficient as well as diversifying into services and we'd be OK now with the rest of the world coming to us with a begging bowl - the previous conservative government got too giddy at the success of deregulation in the banking industry and threw all our eggs into that particular basket. W@nkers.
We should have worked harder to make our industries more efficient as well as diversifying into services and we'd be OK now with the rest of the world coming to us with a begging bowl - the previous conservative government got too giddy at the success of deregulation in the banking industry and threw all our eggs into that particular basket. W@nkers.[/QUOTE] Paying people a competitive wage with other countries would be the only way, do you think people would work for that salary. The country has rightly taken the predominantly service based industry and specialized in it hence why it wont be moving to other countries. Your post was a lot of hatred fluff and zero substance but carry on.
Problem is- and there is no easy answer - is that Globalisation will ALWAYS mean a 'race to the bottom' as long as shareholder driven profit maximisation and growth are the only measures of success. Many 3rd world and developing countries are more 'efficient' than the Western / European countries as they have less regard for 'Health and Safety of workers,building standards, etc. etc. so can cut corners to make stuff cheaper to sell to us. Don't know what the answer is other than to try and get people to buy products from the domestic market. The answer is NOT to export all the jobs as that is a short term approach as in many cases the employees are also the customers. It is no good when the main customer base is domestic producing the goods abroad 'cos no matter how cheap you can make the stuff, if the people have no jobs they cant afford to buy any of it. The cost to the country is also loss of tax revenue and higher benefits bills as has been clearly demonstrated in recent years. Cheaper exports (the mantra of the Con-Dems) only works in our favour if we are net Exporters which we ain't.
No-one has mentioned the fact that the old factory was sold off and the land used for other purposes, so perhaps there has been a bit of asset stripping here (sell the land and move somewhere cheaper). It's not nice, but it happens everywhere. I was born and bred on Athersley, and was Head of Economics at a large state school. This is simple economics, I'm afraid.
Is this true or could the government opt for an import tax such that overseas made items became less desirable, at least for the UK market? It's something I wonder about. It surprises me sometimes how little power the government have, such as in the case of the untaxable Amazon/Apple.