But will American workers be willing to sign pledges promising not to commit suicide?
With Chinese wages rising at about 17 percent per year and the value of the yuan continuing to increase, the gap between U.S. and Chinese wages is narrowing rapidly. Meanwhile, flexible work rules and a host of government incentives are making many states--including Mississippi, South Carolina, and Alabama--increasingly competitive as low-cost bases for supplying the U.S. market...Reinvestment During the Next Five Years Could Usher in a 'Manufacturing Renaissance' as the U.S. Becomes a Low-Cost Country Among Developed Nations, According to Analysis by The Boston Consulting Group (via Futurismic)
"Workers and unions are more willing to accept concessions to bring jobs back to the U.S.," noted Michael Zinser, a BCG partner who leads the firm's manufacturing work in the Americas. "Support from state and local governments can tip the balance."
(Image: A factory producing telephone cable in Shanghai. This is the "Research Department". The banner above urges support for the Dominican people in their struggle against U.S. imperialism., a Creative Commons Attribution (2.0) image from thomasfisherlibrary's photostream)
I write books. My latest is a YA science fiction novel called Homeland (it's the sequel to Little Brother). More books: Rapture of the Nerds (a novel, with Charlie Stross); With a Little Help (short stories); and The Great Big Beautiful Tomorrow (novella and nonfic). I speak all over the place and I tweet and tumble, too.