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View Diary: Irish Workers Occupy Waterford Crystal Factory (277 comments)

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  •  Who should do this? (2+ / 0-)
    Recommended by:
    jxg, Dragon5616

    And what industries should they develop? Will those industries compete with our industries on the global economy?

    So moving Waterford to Asia is a bad idea, but giving them seed money to start a competing crystal company in Asia that will put Waterford eventually out of business because of its low prices is A-ok?

    •  That's competition. (11+ / 0-)

      Maybe there's room for both brands. But why shift Ireland's economy to SE Asia?

      "We have always known that heedless self-interest was bad morals; we know now that it is bad economics." --FDR, 2nd Inaugural Address

      by Dragon5616 on Sat Jan 31, 2009 at 11:27:26 AM PST

      [ Parent ]

    •  Sure! (4+ / 0-)
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      nota bene, Sparhawk, panicbean, chrome327

      Fine with me. Competition is good. China has a multi-century history making...well...china. I'm sure they have craftsmen who can turn out a good product.

      Some capitalist is free to set up a  factory. If treats its workers like humans, doesn't poison the environment, and pays a living wage for the country the factory is located in, I will consider buying. That factory should be quite competitive, given the lower cost of living.

      Competition is good, trade is good, as long as it brings standards up, not down.

      Comments Signature: This will get attached to your comments.

      by Gravedugger on Sat Jan 31, 2009 at 11:31:55 AM PST

      [ Parent ]

      •  Ah (0+ / 0-)

        Competition is good, trade is good, as long as it brings standards up, not down.

        Forgive me, I am not being snarky, but this kind if competition and trade does bring living standards up: the average living standard across the globe. Unfortunately, in order for that to happen, particular places need to have falling living standards while others have rising standards.

        It sounds like you're ok with trade, as long as any particular location never has to deal with any kind of decline in its standard of living as a result.

      •  Sorry to interject (3+ / 0-)
        Recommended by:
        Marie, marylrgn, 3goldens

        (and I'm not a collector of Waterford crystal) but there are some traditions worth keeping. I can't put a name on it, but it has to do a little with history, and trust, and other intangibles.....

        Just the fact that here we say "if the product is equivalent, why not?" is a dismissal of these intangibles.

        Which to some are important. Why can we not have globalized trade without making everything generic?

        As I understand, sovereignty is a big point--we all need an identity, a group among which we feel safe. It's instinctual. But why can we not trade our products without selling off our identities, to be genericized beyond recognition?

    •  I don't think giving thme seed money for (5+ / 0-)
      Recommended by:
      Marie, marina, Philpm, BYw, island in alabama

      competing craft is what was meant. Seed money for cleaner poultry facilities so H5N1 won't jump species and kill everyone would be a good bet. Seed money for educational facilities to teach people what population growth does to the world might be, too.

      Before you criticize someone, you should walk a mile in their shoes. That way, when you criticize them, you're a mile away and you have their shoes.

      by crose on Sat Jan 31, 2009 at 12:55:35 PM PST

      [ Parent ]

    •  Competition is fine (1+ / 0-)
      Recommended by:
      BYw

      and it would take the Chinese artisans years to develop the same level of skill that Waterford has.

      In the meantime, they would sell cheaper crystal - and you CAN buy much cheaper crystal than Waterford. And it shows.

    •  But it wouldn't necessarily... (4+ / 0-)
      Recommended by:
      RebeccaG, greenalley, BYw, Boise Grad

      Crystal made in Asia is just going to be a cheap Waterford knock off. Even if it bears the "Waterford" brand.

      For somebody who truly wants fine crystal, they'll still go and pay higher prices for the real thing from Ireland.

      I'd love a piece of Waterford crystal. It would be a singular purchase of a lifetime in the right circumstances. I'd rather have no crystal than crap crystal from an Asian factory.

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