We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

Debate House Prices


In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

The destruction of the Middle Classes commences

17810121320

Comments

  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    ILW wrote: »
    As is now coming to light, there is no point in getting a degree for many people. For a fair few, three years work experience would be more valuable.
    being practical that should be the case.
    experience in the subject matter can be more useful than a degree.

    what makes it more difficult is that some employers seem to filter out anyone in their 20s who hasn't got a degree.
  • marklv
    marklv Posts: 1,768 Forumite
    ILW wrote: »
    As is now coming to light, there is no point in getting a degree for many people. For a fair few, three years work experience would be more valuable.

    So what would you say to people who invested time and money in a degree? Especially a non-vocational one such as history or philosophy?
  • bendix
    bendix Posts: 5,499 Forumite
    I fully support globalisation and have absolutely no problem with the middle classes losing their jobs to skilled overseas suppliers, if that is the most effective option. Tough luck - protectionism never works and it is encumbent upon businesses and service providers to find ways to meet service needs in the most cost effective way. It is you lot, after all, who want dirt cheap goods and services.

    You can't have it both ways.
  • ILW
    ILW Posts: 18,333 Forumite
    marklv wrote: »
    So what would you say to people who invested time and money in a degree? Especially a non-vocational one such as history or philosophy?

    On purely financial and commercial grounds, for many it was a total waste of time and money. But if you enjoyed the experience and think it was worth the money, then fine.
  • marklv
    marklv Posts: 1,768 Forumite
    edited 2 August 2010 at 3:39PM
    ninky wrote: »
    the professions remain protected due to strong unions (aka 'professional bodies') - barristers, doctors, architects etc. these are all very middle class careers.

    Hmmm, not sure. There are already a lot of foreign doctors practising in UK hospitals. If the government wants to, they can invite more and more foreign doctors over on contracts that undercut UK ones yet are good enough to attract talent from overseas. Infact, the whole NHS could quite easily be outsourced at a fraction of current UK costs, leaving British trained doctors to focus on private work, accept large pay cuts or go abroad. If the NHS is to survive, salaries need to reflect reality.

    Even the legal profession is not exempt. Foreign solicitors with UK accreditation can quite easily offer services from overseas, especially now with the internet.
  • marklv
    marklv Posts: 1,768 Forumite
    bendix wrote: »
    I fully support globalisation and have absolutely no problem with the middle classes losing their jobs to skilled overseas suppliers, if that is the most effective option. Tough luck - protectionism never works and it is encumbent upon businesses and service providers to find ways to meet service needs in the most cost effective way. It is you lot, after all, who want dirt cheap goods and services.

    You can't have it both ways.

    True in a sense, but not very patriotic. The aim should be to adapt to the global market, not surrender to it.
  • Kohoutek
    Kohoutek Posts: 2,861 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    edited 2 August 2010 at 3:53PM
    bendix wrote: »
    I fully support globalisation and have absolutely no problem with the middle classes losing their jobs to skilled overseas suppliers

    Do you realise that it's your taxes that will go towards welfare for these people?
    bendix wrote: »
    if that is the most effective option. Tough luck - protectionism never works and it is encumbent upon businesses and service providers to find ways to meet service needs in the most cost effective way. It is you lot, after all, who want dirt cheap goods and services.

    You can't have it both ways.

    Well in China, the example every keeps raving about, they have capital controls, a currency fixed at an artificially low value against their largest trading party and extensive state ownership/control of industry and the financial sector. I think that probably counts as protectionism....
  • bendix
    bendix Posts: 5,499 Forumite
    marklv wrote: »
    True in a sense, but not very patriotic. The aim should be to adapt to the global market, not surrender to it.


    What does patriotism have to do with anything?

    In another post, marklv, you lamented that you struggled to find a political party to fit your views which you described as left wing economically and right of centre on social issues. There is a party just for you - it's called the BNP.

    What frustrates me about these debates is how one-sided they always are. The little-Englanders lament losing jobs to Johnny Foreigner (either through immigration or outsourcing), yet ignore the fact there are more Brits working overseas (taking foreigners) jobs than the other way around, and that numerous foreign companies choose to have their manufacturing facilities here instead of in, say, Japan or the states where their home operations are.

    Do we complain when Sony opens a new manufacturing centre in Tyneside, for example, rather than Kyoto? Do we hell.

    At the end of the day, companies will go where they think it makes most commercial sense. If Britain can't compete, so be it. Britain will have to change. Our people will have to change. If they don't . . well, tough luck. We seem to think we have some god-given right to have people employed and that we're superior to Johnny Foreigner. We're not. Before blaming foreigners or the government or big business, the English, American, French etc working and middle classes who stand to be more affected should take a good long hard look at themselves.
  • Kohoutek
    Kohoutek Posts: 2,861 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    bendix wrote: »
    numerous foreign companies choose to have their manufacturing facilities here instead of in, say, Japan or the states where their home operations are.

    Do we complain when Sony opens a new manufacturing centre in Tyneside, for example, rather than Kyoto? Do we hell.

    The reason that Japanese manufacturers built factories in Europe and the United States is because of protectionism against Japanese imported goods, not because they want to give foreigners jobs.
  • Linton
    Linton Posts: 18,343 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Hung up my suit!
    ILW wrote: »
    As is now coming to light, there is no point in getting a degree for many people. For a fair few, three years work experience would be more valuable.

    Possibly would be, though perhaps not so enjoyable.

    However, there is little opportunity for people without a degree to gain the type of work experience that would lead to better things in the future.

    Companies cant afford to take the risk that someone without a degree hasnt got a degree because they are incapable of it. At least with a degree there has been some level of selection.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352K Banking & Borrowing
  • 253.5K Reduce Debt & Boost Income
  • 454.2K Spending & Discounts
  • 245K Work, Benefits & Business
  • 600.6K Mortgages, Homes & Bills
  • 177.4K Life & Family
  • 258.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.