Monday, March 28, 2005

Here we go again. Another welfare-statist wants to hoard the wealth of industry all to itself, instead of sharing it with the developing world:

Otto König, chairman of the Hattingen branch of Germany's powerful IG Metall union, feels the greed of the owners of Kone, the Finnish engineering group, is ridding the livelihood of hundreds of Germans. Shaken by the job losses, the mayor of the Ruhr asks whether the people at Kone have any social responsibility at all.

Kone's decision to transfer the production of escalators from the German industrial heartland to China and England is facing escalating resistance. The projected job losses amount to 301 in the Kone factory and a further 200 in companies that supply it.

"Kone has broken all its promises," Mr König told the Finnish News Agency (STT).


Notice the same old rhetoric. Social responsibility, blah, blah, blah. And not one whit about the lack of German social responsibility with the rest of the world.

Kone is doing the right thing. Farm out the heavy industry, and share the management expertise with the world. That goes a long way more than any pathetic foreign aid in helping the developing world.

2 Comments:

Anonymous Anonymous said...

Social responsibility has indeeded some steps to to be taken in China.

And for a reason.

Workers of the world, unite!

12:38 PM  
Blogger Finnpundit said...

And that's where social activists should concentrate their attention on: working conditions in China and elsewhere in the developing world, - once we give them the opportunity to become wealthier.

There's no sense in trying to "protect" workers in Europe, who are among the laziest and greediest in the world.

Outsourcing is the single most important way we can help the developing world. That Finland, - and Europe - put barriers against that (and try to pass off foreign aid as the better way to help the poor) is absolutely atrocious.

12:06 PM  

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