Tuesday, December 11, 2012

Branch Plant Economy in Canada

This writer first learned about the toxins of branch plant economies when he lived and worked in Canada for eight years.  It was at the heart of the debate about Canada's future.
 
Barbara, this is a first-class analysis of the social impacts of a business. Recently, I attended a meeting with the director of the Wisconsin Technology Council, which seeks to bring jobs to the state. Note the word bring. Instead of growing new businesses here his idea is to get big companies to open branch plants here. However, since the branch plant's owners do not live here, they care little if anything for how operations impact the community, as long as it makes money for them. In short, absent owners have no loyalties to the branch plant communities. This is what passes for economic development in this state.

No comments: