Outsourcing by Nick Guzik

My Entrepreneurship students are just starting to learn about blogging. Here is a post from Nick Guzik about Outsourcing. Good job Nick!

For my blog, I have decided to investigate the loss of American Industry. The early 20th century was a prosperous time in which America made its own cars, bread, and weapons. Sometime after WWII however, American factories began moving oversees due to a phenomenon called outsourcing. This happens because large corporations discovered that by setting up factories in third and second world countries, they can make cheaper goods by ignoring American labor laws and exploiting poverty and overpopulation. It has gotten so bad that American-made goods are actually a premium in America. I personally believe that unless we start making something, our country will only continue to decline. We need to find some way to force American companies to build here and get back our industry from China, Mexico, and other impoverished nations. However, the great masses of the people are too disorganized to initiate a mass boycott; it’s simply too easy to succumb to the evils of wal-mart and other large companies. The only hope for American industry rests in the power of the state, under a radical economic theory called protectionism. In protectionism, the state installs high tariffs to make it more expensive to buy from other countries and thus protect its own economy. The idea of free trade seems to be a part of the American belief in freedom, however, unless we are willing to get rid of laws that protect thousands of workers from brutally unfair exploitation, we can’t hope to compete with the third and second world regimes. I believe that if we were to implement this policy, it would stimulate industry