Delocalization
By: psr, 2008-02-10
“Delocalization”: a term used to refer to companies moving factories or other operations from their usual locations to new ones.
People (politicians included) like to complain about companies “delocalizing”, and taking jobs away from their region (be it a town, province, country or a continent). They love to argue that the departing company is only moved by profit and has no sensibility for society and the local community.
However, “delocalization” is actually an illusion built on the illusion that things will not or should not change.
Businesses (whether a local business or a multinational opening a new factory or branch) establish themselves in a particular location, at a particular point in time, when it is in their interest. Likewise, new conditions may drive the …
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