re: #148 Glenn Beck’s Grand Unifying Theory of Obdicut

It’s entirely possible, even probable. The higher wage structure is almost always a competitive benefit.

To give the opposite example, LusasArts pays substantially below market wage. They get tons of people coming there, because it’s still LucasArts, and there’s a lot of prestige. But people also leave, regularly, their journeymen, because with LucasArts on their resume other companies know that they got good training and can work in a very disciplined way, and the other companies can tempt them with higher wages.

But companies develop cultures, even while those cultures are actually interfering with the best business decisions. It’s sickly fascinating.

With respect to Ford, I’m going by his antagonism toward unions more than anything else.

The larger point is that the market is completely amoral —- whatever works has the blessing of the market, for what little that is worth. If it ‘works’ for US companies to send significant numbers of jobs overseas, then that is what will happen.