Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

The "Good" company will ALWAYS be undercut by the "Bad".

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (01/01/06 through 01/22/2007) Donate to DU
 
JanMichael Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-02-06 10:30 PM
Original message
The "Good" company will ALWAYS be undercut by the "Bad".
The company that pays well, and "gives" healthcare and benefits and a decent wage, will normally be demolished (In the same market) by the "Bad" company that offers the same products without offering those "good" incentives (Living wages, healthcare, and pensions).

They will simply offer the same goods at a lower price than the responsible owner.

One may find anecdotal evidence that this is not the case but on the aggregate it is a fact.

Hence the drive-down in wages in manufacturing.

"My" union workers make $30,000 a year making t-shirts...under-shirts that cost $1 a piece to produce with that high paid labor.

Compared to:

The Haiti workers that make, produce, the same (literally it's a t-shirt for somethings sake) t-shirts for $500 a year...Those t-shirts cost me pennies and sell for dollars!

The "Good" economic "god" (Capitalist) will take the loss (Only for so long). The "Bad", who are many, will seek to undercut the "Good" with the "cheaper" Haitian t-shirts (50 cents, or less, compared to $1.00) hence more profit and the destruction of that pansy assed "Good" producer.

It's simple math: Welcome to Globalisation. The global drive down in wages in the so-called "1st World" minus any gains anywhere else which equals the very rich getting even richer!

I'm not saying that the Capitalist result is "wrong" (because it's a dog eat dog world in Capitalism) but in reality the high cost producer DESERVES to die, in what defines "Capitalism": I'm saying that the whole fucking exploitive system is WRONG.

People should matter. Cooperation should trump competion. Exploitation for economic gains by private individuals should not be the goal...The benefit of ALL should trump those individuals.

Screw me...I'm a "socialist" I don't see this as "moral" "right" or even rational.


Printer Friendly | Permalink |  | Top

Home » Discuss » Archives » General Discussion (01/01/06 through 01/22/2007) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC