A History of Corporate Whining

[Deleted472477User]

http://i287.photobucket.com/albums/ll160/Lolblivion/labor_history.png

 

 

The point? That everything that has been put into place to protect the rights of workers (without whom corporations would have an even harder time making money) that was ever predicted to bring doom, gloom, and ruin, never did.

Edited November 6, 2012 by nyxalinth

[Vagrant0]

In fairness... This is why we are mining ore in the US, shipping it to China to be processed into steel, then are buying it back for use in American construction. The transportation costs remain far less than what it would cost with American labor in American facilities, almost entirely because of the higher wages, higher regulations, environmental impact fees, and other things. Or why 9 out of 10 jobs that you'd have once hired a teenager for, are now going to immigrant workers, leaving a large amount of college-age persons without any real work experience, with most of the wages earned in these jobs being sent to other countries instead of being invested locally.

 

While there is certainly merit in trying to ensure safe working practices, and trying to make sure that people are paid sufficiently, over-regulation can be a hindrance for economic growth. As it stands, you cannot build a new factories, refineries, or power plants in the country without having to tackle a mountain of red tape. Even new offices and other buildings can take years of negotiating labor and logistics in order to even build something. The biggest example of this is the WTC site, which still doesn't have anything built there beyond a small memorial after 11 years, meanwhile in Dubai, they were able to make a record breaking modern office building inside of 2 years.

[Ghogiel]

In fairness... This is why we are mining ore in the US, shipping it to China to be processed into steel, then are buying it back for use in American construction. The transportation costs remain far less than what it would cost with American labor in American facilities, almost entirely because of the higher wages, higher regulations, environmental impact fees, and other things.

 

It's the currency that is broken too.

 

Hiring a foreign company to do the shipping to and fro because pennies to them is like dollars to us. America has always needed and to continue it's course as number1 economy, will always need immigrant workers to work for cheap. The cartoon illustrates the evolution of shrinking corporate exploitation(only at the lowest level, the worker). Now with the global market, the dollars influence in it, corporation solidarity, now there is a new kind of immigrant worker doesn't even have to leave their home country, the jobs go to them. :teehee:

 

If the Dollar wasn't so artificially inflated against foreign currencies, then the wages in the US wouldn't seem high, except at the top of course. Import taxes on goods also produced in the US can be dropped and the US product can compete in the market and vice versa when exporting to foreign markets.

 

And no one is going to like how that chapter plays out I bet.

Edited November 6, 2012 by Ghogiel

[Deleted472477User]

In fairness... This is why we are mining ore in the US, shipping it to China to be processed into steel, then are buying it back for use in American construction. The transportation costs remain far less than what it would cost with American labor in American facilities, almost entirely because of the higher wages, higher regulations, environmental impact fees, and other things. Or why 9 out of 10 jobs that you'd have once hired a teenager for, are now going to immigrant workers, leaving a large amount of college-age persons without any real work experience, with most of the wages earned in these jobs being sent to other countries instead of being invested locally.

 

While there is certainly merit in trying to ensure safe working practices, and trying to make sure that people are paid sufficiently, over-regulation can be a hindrance for economic growth. As it stands, you cannot build a new factories, refineries, or power plants in the country without having to tackle a mountain of red tape. Even new offices and other buildings can take years of negotiating labor and logistics in order to even build something. The biggest example of this is the WTC site, which still doesn't have anything built there beyond a small memorial after 11 years, meanwhile in Dubai, they were able to make a record breaking modern office building inside of 2 years.

 

Fair enough, but where does the line get drawn between "Best for corporations?" and "Best for humanity/the environment?" Remove the red tape and sure things will get done, but can you really trust them to do things without screwing people/the world over? There's the issue.

 

Yes, there is too much of it. That's why I prescribe balance for both sides. Just wish I knew how to do that, though.

[Vagrant0]

Fair enough, but where does the line get drawn between "Best for corporations?" and "Best for humanity/the environment?" Remove the red tape and sure things will get done, but can you really trust them to do things without screwing people/the world over? There's the issue.

 

Yes, there is too much of it. That's why I prescribe balance for both sides. Just wish I knew how to do that, though.

Responsible companies do exist. It's just that in the current environment they usually can't grow very large without either being crushed by other companies, lose their accountability in trying to compete, or simply get bought out.