Broken Capitalism

[Clintonista]

Lou Dobbs of CNN reported Friday night that Corp. profits are up 21% but workers wages are ther stagnant or down.

Productivity, how hard people work, is up. Wages are down.

Jobs are bng exported for no other reason than to increase the bottom lines.

Washington State is having it's social service software developed by a compay in India.

NJ Assembly has bottled up a bill that would make that practice illegal in NJ.

US Labor Dept tell Corps how to AVOID paying thier employees overtime.

The basis of Capitalism is the "Social Contract" between managment and labor. It appears, abetted by a large degre by Bush & Co., the social contract is dead and been replaced by Social Darwinism.

As long as Bush & Co. have there's the rest of us can drop dead. These people are NOT Conservative. They are Reactionary. They don't want to go back to the 20th Century they want to go back to the Robber Baron days of the 19th Century..............

Time to dump Buschco and those, of ANY party who agree!
________
Hino Liesse (http://www.toyota-wiki.com/wiki/Hino_Liesse)

[T Paine]

The basis of capitalism is to sell a product. To be able to sell that product at the maximum price possible. To offer the buyer the proper balance of quality, price, and characteristics of your product so as to maximize your profit margin. The better you make your product, the more desireable it will be. If it is expensive to make, but of high quality, people will buy it, though demand will be low. If you can maintain the high quality of your product, but find a way to make your product more efficiently, you can lower the price of your product, produce greater quantities of it, and raise the demand for it. As you make more money by tapping into the public desires and making the proper adjustments to your procedures by investing more capital to improve your operation, supply of your product will increase and so to will demand. This should allow you to sell your product at a lower price, however, with the increased production, this means that you will enjoy even greater personal income. The motivation behind most people who start a business is not greed. Primarily people start a business to provide themselves with a livelyhood. Should an individual develop a product which somehow taps into the public need, and should that individual make the proper continual investments required that will allow him to sell his product at the largest profit margin attainable, he will then move beyond this need for livelyhood, and set his goals on having his idea reach its maximum potential. In the mean time, many people will profit from his idea and his constant attention to making the necessary capital improvements, increasing the value of his business. The people who benefit are his workers, investors, as well as the consumers.

Does it make good business sense to provide for your workers? Sure. Well paid workers are more motivated and more productive. Should all workers begin getting a fairer portion of the wealth that was created by them for somebody else, the more products they should be able to buy. This concept, however, is far from bng the basis of capitalism as a whole. The main concept of capitalism is that the product which offers the most balanced value will succeed the best. This provides an incentive to constantly improve your product or the procedures to make it. This in the long run benefits all of society.

People often misinterpret Darwin. Darwin did not say that the strongest will survive. Instead what he theorized was that those who are most adaptable to change will survive.

[Allie62]

Business 101.

But that's not really what Clintonista was saying. If I understand it correctly, his point was that while companies are doing well, workers are suffering, and I agree completely. They are not getting overtime wages, thr jobs are bng shifted overseas, the ones who still have jobs are working much harder for the same (or less) pay than a few years ago. The companies are profitable - thr profits are growing. But the millions of jobs that have been eliminated in the US in the last 3 years have NOT come back.

Unemployment is so out of control that we can't even count the numbers anymore. Unemployment benefits AND extended unemployment benefits have run out for so many people that they are no longer counted as "unemployed", even though they've been looking for jobs for over a year. So they then have to turn to other public assistance programs, sell thr homes, uproot thr families - way too many homeless people as a result of the companies NOT looking out for thr workers.

These profitable companies need to bring jobs back to the US. They need to start sharing the profits with the people who make them profitable. I read somewhere that in order to get back to where we once were, 158,000 new jobs a month need to be created. That's how we'll end this recession. I hope whoever is in the WH next term will consider ther heavily penalizing US companies who use off-shore labor or reward US companies who don't. Maybe a combination of both is what it will take, but SOMETHING must be done.

[Clintonista]

you said it better than me....Bravo!

another aspect I noticed last week was this:

the 20/30somthings in business today have only one loyalty........making $$ for themselves.

there were a few interviwed on the news and they all said essentialy the same thing:

there are no national borders
we're here to make money

translation:

I'm the center of the universe and if it means America goes down that's fine as long as I make $$ doing it.

And no one is telling them anything to the contrary

we're back to Gordon Geko's "greed is good" only this time with a vengance
________
Cmx250c (http://www.honda-wiki.org/wiki/Honda_CMX250C)

[Allie62]

I know a lot of those 20/30 somethings! While I agree with you, so many of them are driven simply by greed, I wonder how many of them actually see beyond that to the desperation of thr elder counterparts. Perhaps some of them are trying to make as much as they can NOW, because they have no idea what the future holds for them. Layoffs, cutbacks, salary cuts, demotions, etc. Not that I think that they're all that forward-thinking, but I have to try to believe that the future of our country aren't ALL money-grubbing opportunists. I can't believe that's the case - that's who's taking care of me when I'm too feeble to!

[foozr]

I am no genius but it seems to me that most companies don't have the luxury of making the choices that some of you demand. i mean it is all about the bottom line and what the market will bear. Its called competition and it is difficult to succeed if you worry more about anything other than the bottom line.
One example is the grocery store workers strike in So Cal. these workers are paid a fair wage and have enjoyed benefits at no cost for years. Now that Insurance rates and workers comp have shot through the roof the stores are asking the workers to pay a portion of the benefits package.These stores operate at a 1% profit margin but the UNION feels this is corporate greed . I feel it is Liberalism run amuck! the unions are fascist votng blocks for the Dem party who are sycophants of the america hatng left in this country.
You offer only criticism and no solutions. You want companies to give jobs to ne'er do wells and then think your entitled to profit sharing. Oh and don't make the people work to hard or you might sue. You hate capitalism, condemn it and then bitch that corporations are moving overseas. Maybe you could have jesse jackson extort them for having to many whites on the payroll then you can force them to hire a bunch of losers who will go on strike because they want longer breaks or that they are working to hard.
you people defy logic and reason and are to full of yourselves to admit that you are ruining this once great country.
i w2ould love to see billy bob,micheal moore,noam chomsky ,alan coombes,ed asner ,mike ferral etc dangling over one of Saddams plastic shredders. I wonder what those assholes would have to say about America and W at that moment?
and guess what ? i am not spell checking , get over it!

[Clintonista]

I, and I suspect you haven't, had to meet a payroll. I've created jobs, bet you haven't.

Companies don't "give" anyone a job. If they need the labor they hire it. But that doesn't mean you treat your emplyee with less regard than you treat the copier. And that's what's going on in America today.

One solution: Corps who move jobs overseas for NO other reson than increased bottom line should lose the deduction for the cost of that labor. Give them incentives to keep employees here.

As for who hates America? Try the Right Wing.....

It's the Right who says 9/11 was our fault
It's the Right who says America is going to hell
It's the Righ whose responsible for Domestic Terror

need I say more?
________
BLOWJOB GAY (http://www.fucktube.com/categories/346/gay/videos/1)

[capitalist]

I have created jobs and met payroll. I have also been mistreated by companies and laid off or forced out.
I have also been glad to work OT for the same pay and i have worked in jobs where you are paid commensurate with performance.
A copier might need a little toner now and then and you can't leave it running all the time but a copier also won't cost you more unless you upgrade to a better model. It also won't sue you because it doesn't like its job or working coditions that are the same as when it came to me in need of work.