Wednesday, March 15, 2006

Chinese slave labor and the post-industrial New Orleans economy

Voodoo economics 102, the need for a new higher educated workforce
by Isiah Scott
The post-Katrina New Orleans labor market requires higher skilled, which most American America workers lack the educational levels or transferable skills to immediately participate in the new labor market. This was a major issue before Katrina, now it is a crisis, with no federal funding to even seed a massive manpower-training program.

The post-Katrina Vision 2020 plan offers a ruthless American Ruhr final solution to New Orleans Black problem, by importation of new labor requirements both skilled and slave labor.

Under the post-Katrina Ruhr plan the city of New Orleans will remain depopulated, only regaining 40 percent of its pre-Katrina population or 200,000 people as select manufacturing comes back online. More importantly, 600,000 internally displaced people from New Orleans region will ever be allowed to return because of lack of employable skills and limited housing units.

American Ruhr final solution
This new reality is controlling mainly a function of control (lack of) housing and other social and educational infrastructure in New Orleans. Only a few public schools are operational at this point. Most skilled labor will be imported into the region.

This post- Katrina Vision 2020 economic development strategy will vastly reduce both the level of poverty and the number of poor on welfare. This is a one time economic opportunity for urban planners to change the matrix and development path of the regional economy away from labor-intensive manufacturing and toward a post-industrial informational economy. One of the critical keys is both improving and reorientation the public school systems away from an Afro-centric mission, to a white-centric post industrial curriculum and is changing the population input and composition of the student body.

Critical missing from the pre/post Katrina Ruhr-designed 2020 plan is the new pressure of 200 billion dollar of US multinational firms exporting from Chinese advanced manufacturing added-valued imports into America.

This slave trade impact on the very shape of sub-industrial regions like New Orleans. Chinese import has a direct impact on the nature and type of manufacturing to be located in New Orleans. There are only limited amounts of manufacturing products New Orleans can produce that can not be manufactured more cost effectively in US multinational plants in Asia. New Orleans lacks the infrastructure to product even this limited group of products as of this writing.

Deadly slave triangular backdoor sub-assembly trade
Slave labor platforms in China, Mexico and Canada have leveraged their national currencies to buy up key small American companies in order to accesses core technologies and make it artificially cheaper for multinationals to operated from their countries. Multinationals exporting from Chinese back to the US and Central America have greatly benefited from Washington policy of Latin intimidation. This has limited pre-Katrina industrial growth in regions like New Orleans.

The capital flight of 50 billion dollars has left Northern Gulf and Central American manufacturers helpless and defenseless against the heavily foreign funded Asian firms. The pre-Katrina New Orleans regional non-oil economy was already under major Asia pressure.

With Central American skill labor cost near 4 dollar per hour and Chinese 50 cent per hour, Latin labor cost 8 times higher than China’s and in many cases their NAFTA brothers in Mexico. In head to head ruthless trade warfare, the foreign multinationals exporting from China have all but killed Central American manufacturers. Even well funded American-based Mexican industries were no match, and final submitted to Asian labor and became welling junior partners or was destroyed. In order for New Manufacturing to recover it must deal with the ruthless Chinese factor.

This means that multinationals exporting from China are better positioned to both take US market share and flood Central America economies with cheap imports, so long as the dollar keeps falling, and if the small countries are forced by Washington to let their currencies rise. There have been no real talks either in Washington or on Wall Street about major upward adjustments of either Mexico or Canada’s currencies against the dollar to balance the proposed Chinese adjustment. With combined Canadian/Mexican imports into the U.S. of 412 billion, the development of a post-industrial New Orleans regional non-oil manufacturing economy will face major challenges from Mexico, Canada and China.

Central to the real recovery efforts of local New Orleans manufacturing is the repair of 17th Street levee and the creation of an economic trade zone based on CIM and NAFT slave labor. Even with massive capital investment is modern computer integrated manufacturing equipment, New Orleans manufacturing section will be seriously downsized?

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