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MichaeltheGreat is offline MichaeltheGreat
Apolyton Grand Executioner
mooning the house that Ruth built.
Oct 1999
time: 21:33
  Old Post 11-02-2004 21:04
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quote:
Originally posted by Shi Huangdi
Stupid comments this far in advance rarely decide elections. This one will be decided by 1) the economy and 2) Iraq.


Yep. Unless a candidate admits to murder, or sodomizing sheep on a courthouse steps late at night, nothing said before the conventions will really have an effect on the general election.

David Floyd is offline David Floyd
King
The bottom of a large bottle of beer
Jan 1970
time: 05:33
  Old Post 11-02-2004 21:07 Visit David Floyd's homepage!
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quote:
Ask when you're looking for a job, and your unemployed ass doesn't have any money to spend on the crap that's made overseas.


Sorry, I have my bases covered in the whole job field. Even if I can't find a job in my field of study (a possibility, to be sure), I have numerous fallbacks that will suffice.

If someone else doesn't have those fallbacks, then I suppose one could say that I made better choices earlier in life than some other people did. In other words, tough ****.

In any case, you still didn't answer my two questions, which were 1)what's wrong with corporate profits? and 2)what else is the point of business?

Adam Smith is offline Adam Smith
King
Maryland, USA
Jan 1970
time: 00:33
  Old Post 11-02-2004 21:16
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Several people seem to be missing the point that profits are competed down to normal levels, thus passing the gains on to consumers.

Ming is offline Ming
Chief Minion

Donate to the Red Cross
Mingapulco - CST
Jan 1970
time: 23:33
  Old Post 11-02-2004 21:20 Visit Ming<br><img src=/forums/images/staff-icon.gif>'s homepage!
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It's a real catch 22... people want jobs, but then they complain when prices go up because of labor costs.

While I don't like seeing all the jobs go overseas... I don't like to see government decide for companies how they should allocate their work force.

MichaeltheGreat is offline MichaeltheGreat
Apolyton Grand Executioner
mooning the house that Ruth built.
Oct 1999
time: 21:33
  Old Post 11-02-2004 21:21
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quote:
Originally posted by David Floyd


Sorry, I have my bases covered in the whole job field. Even if I can't find a job in my field of study (a possibility, to be sure), I have numerous fallbacks that will suffice.

If someone else doesn't have those fallbacks, then I suppose one could say that I made better choices earlier in life than some other people did. In other words, tough ****.

In any case, you still didn't answer my two questions, which were 1)what's wrong with corporate profits? and 2)what else is the point of business?


Yeah, yeah, whatever, Mr. stuck in a bottle of beer is so prescient that he knows his entire employment history already.

1) Nothing's wrong with corporate profits, if you take into account the appropriate timeframe and risks associated with your level of profit. Short term profits which erode prospects for long term growth or which are based on risks which didn't happen to materialize at the time aren't the same as short term profits which are consistent with long term growth. Don't believe me? Ask Enron.

2) If you don't know, I'm not going to waste my time educatiing you. Profit as a be all and end all point of business is a gross oversimplification.

Sprayber is offline Sprayber

Emperor
Dixie
Oct 2000
time: 23:33
  Old Post 11-02-2004 21:25
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quote:
Originally posted by MichaeltheGreat


2) If you don't know, I'm not going to waste my time educatiing you. Profit as a be all and end all point of business is a gross oversimplification.


Sometimes experience is the only way anyone learns. Some people, you just can't reach

Sava is offline Sava
King
GO GO GO!
Mar 2001
time: 23:33
  Old Post 11-02-2004 21:32
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mr bush's true corporatist colors are showing

David Floyd is offline David Floyd
King
The bottom of a large bottle of beer
Jan 1970
time: 05:33
  Old Post 11-02-2004 21:37 Visit David Floyd's homepage!
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quote:
Yeah, yeah, whatever, Mr. stuck in a bottle of beer is so prescient that he knows his entire employment history already.


Yes, there is a possibility that at some point I will be unemployed. However, I feel that as a result of my experience in retail, I can always go back to that as a fallback, if necessary (worked in the retail field for the past five years, mostly full time in supervisory roles). This isn't to say that is a good career, but rather that even if I do become unemployed, or have trouble finding a job in my field, I would probably stand a very good chance at being employed in some field.

No, I don't know my entire employment history. I do know my work ethic to date, and my work experience to date, and my intelligence, and those factors tell me that I don't have as much to worry about as certain other people.

quote:
1) Nothing's wrong with corporate profits, if you take into account the appropriate timeframe and risks associated with your level of profit. Short term profits which erode prospects for long term growth or which are based on risks which didn't happen to materialize at the time aren't the same as short term profits which are consistent with long term growth.


Naturally.

And if you want to bring up Enron and other corporate scandals, I can only reply that I assume you know my position on fraud. I would think that people would assume, by now, that when I ask "What's wrong with _____?", I mean "What's wrong with ______ if achieved morally/" And by "morally", I believe that everyone knows I mean "without coercion" and "consistant with freedom".

So, then, outsourcing jobs is not immoral. It cannot be said to be either coercive or inconsistent with freedom - laid off workers have no inherent right or entitlement to their job, and by taking the job when offered were simply entering into a contract which all involved parties knew was not necessarily permanent. Now, if laying off workers violated a clause of some contract they may hypothetically have had with the company, that's another matter. Since that is not typically the case, we can ignore it. If outsourcing jobs is not immoral, then the only relevant question a company needs to ask is "What will this do to profits?" Obviously, as you point out, long-term profits should be weighed as well, but in any case, this question of business decisions is certainly not the business of anyone but the company and its shareholders.

quote:
2) If you don't know, I'm not going to waste my time educatiing you. Profit as a be all and end all point of business is a gross oversimplification.


Fine, then to avoid this argument, let me simply rephrase.

Is the primary function of a business to make a profit, or is the primary function of a business to provide jobs? Yes, the two (profits and jobs) are obviously intertwined - hence one reason for oursourcing jobs to places with cheap labor

DanS is offline DanS
Emperor
Kickball Capital of the World
Jan 1970
time: 00:33
  Old Post 11-02-2004 21:47 Visit DanS's homepage!
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quote:
If companies don't benefit then why would they do it?


Price competition. As AS states...

quote:
Several people seem to be missing the point that profits are competed down to normal levels, thus passing the gains on to consumers.


As to...

quote:
Remaining employees. That's cold comfort to those who aren't retained.


This is a cold world. No doubt about it. But history indicates that over time these people will find work on an equal or greater payscale.

Sava is offline Sava
King
GO GO GO!
Mar 2001
time: 23:33
  Old Post 11-02-2004 22:14
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quote:
But history indicates that over time these people will find work on an equal or greater payscale.

working wages have stagnating since the more egaltarian 60's and early 70's

This corporate shift is competely retarded... if consumers don't have jobs, they can't buy your stupid products.

I just wish these dopey corporations could see past their own bottomline for once.

But I'm not terribly discouraged. If things keep getting worse and worse for the American people, it will spark a revolution... and the corrupt crony capitalists will be hanging from the trees and burning in pits.

Park Avenue is offline Park Avenue
Emperor
Liberal and defender of freedoms for the people
Oct 1999
time: 05:33
  Old Post 11-02-2004 22:21
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#41 Report this post to a moderator
Got spare money?

"If things keep getting worse and worse for the American people, it will spark a revolution... and the corrupt crony capitalists will be hanging from the trees and burning in pits."

Just what do you teach kids these days... look at your growth figures for the last twenty years.

Ben Kenobi is offline Ben Kenobi
Emperor
McGregornobi!
Oct 2002
time: 21:33
  Old Post 11-02-2004 22:31
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Tired of ads?

quote:

Bush didn't lose the election, because the whole focus will be on Iraq, homeland security and abortion / gay marriage during the campaign.


And Spiffor gets it.

Guynemer is offline Guynemer
King

Donate to the Red Cross
Gotta have more cowbell!
Mar 1999
time: 00:33
  Old Post 12-02-2004 00:05
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quote:
Originally posted by MichaeltheGreat
Unless a candidate admits to... sodomizing sheep on a courthouse steps late at night,


In certain parts of West Virginia and the upper peninsula of Michigan, that is considered a job requirement.

Sava is offline Sava
King
GO GO GO!
Mar 2001
time: 23:33
  Old Post 12-02-2004 00:12
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quote:
Just what do you teach kids these days... look at your growth figures for the last twenty years.
yeah and compare growth to wages... with inflation, wage buying power for working and lower-middle class have gone down. If you think GDP growth is reflective of American quality of life, then yer a dope!

chegitz guevara is offline chegitz guevara
King
Ft. Lauderdale, FL Communist Party of Apolyton
Jun 2000
time: 00:33
  Old Post 12-02-2004 00:23 Visit chegitz guevara's homepage!
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quote:
Originally posted by DanS
This is a cold world. No doubt about it. But history indicates that over time these people will find work on an equal or greater payscale.


No it doesn't. Almost every "where are they now" study I've seen of manufacturing workers who lost their jobs in the early 90s were worse off a decade later. Today, most of those who lost their jobs in the tech crash haven't yet managed to find employment in their old fields and will likely never again get such a well paying job. I'm one of the lucky few.

chegitz guevara is offline chegitz guevara
King
Ft. Lauderdale, FL Communist Party of Apolyton
Jun 2000
time: 00:33
  Old Post 12-02-2004 00:28 Visit chegitz guevara's homepage!
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quote:
Originally posted by Spiffor
the whole focus will be on Iraq, homeland security and abortion / gay marriage during the campaign.


Iraq is already dropping as a campaign issue.

Homeland security is big, but jobs is still the number one concern for those that don't have them and those that are afraid of losing them.

Abortion isn't an issue except for committed Dems and Reps.

Gay marriage isn't as key an issue as the Reps want to hope. It will galvanize the Christian right, but they were already galvanized. The CR is gonna blow their wad on a constitutional amendment campaign when polls indicate 58% of Americans feel it is an issue that should be left to individual states to decide. It'll backfire.

Any politician that forgets the number one concern of Americans is the economy is doomed to fail.

Ogie Oglethorpe is offline Ogie Oglethorpe
King
Marietta, GA
Dec 1999
time: 05:33
  Old Post 12-02-2004 00:42
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Dang wouldn't it just be the world coming to an end if the Fed's predictions for recovery come true?

chegitz guevara is offline chegitz guevara
King
Ft. Lauderdale, FL Communist Party of Apolyton
Jun 2000
time: 00:33
  Old Post 12-02-2004 00:51 Visit chegitz guevara's homepage!
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I'd be happy if it did. I don't want people to suffer just to get rid of Bush.

Lazarus and the Gimp is offline Lazarus and the Gimp
King
Whale-raping abomination
Aug 2000
time: 05:33
  Old Post 12-02-2004 01:16
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quote:
Originally posted by David Floyd
Yes, there is a possibility that at some point I will be unemployed.


Dear God. Please let this be so. Please let him be forced to claim welfare, if even for only a week.

Ogie Oglethorpe is offline Ogie Oglethorpe
King
Marietta, GA
Dec 1999
time: 05:33
  Old Post 12-02-2004 01:23
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quote:
Originally posted by chegitz guevara
I'd be happy if it did. I don't want people to suffer just to get rid of Bush.


You've always been somewhat reasonable Che (Did I just say that?). There are some whose hatred of the other side is so otherwise blinding. (Applies to both Repubs and Dems)

Imran Siddiqui is offline Imran Siddiqui

Deity
The Potterverse
Jan 1970
time: 00:33
  Old Post 12-02-2004 01:34
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quote:
You've always been somewhat reasonable Che


Now, now... let's not go too crazy .

Ogie Oglethorpe is offline Ogie Oglethorpe
King
Marietta, GA
Dec 1999
time: 05:33
  Old Post 12-02-2004 01:41
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Well I did qualify it with somewhat afterall

Odin is offline Odin
Prince
Biology Nerd at Minnesota State University Moorhead
Sep 2000
time: 23:33
  Old Post 12-02-2004 01:46
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Tired of ads?

The one thing that annoys me is that people want social programs, but then complain that thier taxes are going up. It's like people don't get the connection between that new school in town and taxes. Politicians then drive us into deficits by pandering to this ignorance.

DanS is offline DanS
Emperor
Kickball Capital of the World
Jan 1970
time: 00:33
  Old Post 12-02-2004 01:50 Visit DanS's homepage!
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quote:
Please let him be forced to claim welfare, if even for only a week.


Welfare? I doubt it. He might get unemployment insurance payments, but that's different. He is paying premiums on that now, so...

Ogie Oglethorpe is offline Ogie Oglethorpe
King
Marietta, GA
Dec 1999
time: 05:33
  Old Post 12-02-2004 01:50
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I don't want social programs. By and large, they absolve too many folks of individual responsibility.

OTOH the so called safety net we have is now ingrained into the political process. The likelihood of dismantling it is very unlikely.

Imran Siddiqui is offline Imran Siddiqui

Deity
The Potterverse
Jan 1970
time: 00:33
  Old Post 12-02-2004 01:59
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quote:
Politicians then drive us into deficits by pandering to this ignorance.


And you wish for more democracy?

Agathon is offline Agathon
Prince
Leafs 4TW!! - CPA
Dec 2002
time: 00:33
  Old Post 12-02-2004 03:24
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quote:
Originally posted by Odin
The one thing that annoys me is that people want social programs, but then complain that thier taxes are going up. It's like people don't get the connection between that new school in town and taxes. Politicians then drive us into deficits by pandering to this ignorance.


It's quite natural.

Each person wants everyone else to pay for it because they have a natural desire to free ride. If taxes weren't compulsory, almost no one would pay them because it is rational not to (the old Prisoner's Dilemma).

The fact that any government that reduces taxes too much is being irresponsible has escaped the right, since they naively believe that the market will suffice (when the reason we have these things is that markets fail to provide them).

monkspider is offline monkspider
King
banned
Aug 2001
time: 23:33
  Old Post 12-02-2004 03:25
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Bush is finished!

Kuciwalker is offline Kuciwalker
Emperor
of Schmooism
Feb 2001
time: 00:33
  Old Post 12-02-2004 03:35
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quote:
Originally posted by Buck Birdseed
"Freedom" in the deeply flawed libertarian sense.


Actually, freedom in the "libertarian" sense (I'm thinking Mill limit here) is possibly the most coherent, internally consistent definition of freedom possible

Oncle Boris is offline Oncle Boris
Prince
Once in a brown moon
Aug 2001
time: 00:33
  Old Post 12-02-2004 03:44
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quote:
Originally posted by skywalker


Actually, freedom in the "libertarian" sense (I'm thinking Mill limit here) is possibly the most coherent, internally consistent definition of freedom possible


Wake up, dude. Mill is NOT libertarian, and his philosophy is from the 19th century.

 
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