US joblessness tied to profitability and lack of unions
#1
Posted 03 April 2011 - 01:36 AM
So, to sum up the article, American companies are posting higher profits than their foreign counterparts. Yay USA right? On the surface that's a great statement, but this article actually looks into things like unemployment rate, job security, etc. America has one of the highest unemployment rates of any of the G8 industrialized nations (coupled with one of the shoddiest safety nets) and that's because companies in the other developed nations are more willing to share in economic losses than in the US, where profitability is put before all. Also, it points out that its harder for foreign companies to fire their workers due to increased union participation (apparently out of 31 countries rated, the US is one of the bottom 4 in union membership)
So, discuss.
Quote
#2
Posted 03 April 2011 - 12:03 PM
#3
Posted 04 April 2011 - 01:24 AM
Quote
#4
Posted 04 April 2011 - 04:16 AM
Our Western governments are increasingly anti-union. To me it looks like they want to remove any competition for control. And they mask it in the same rhetoric used by the corporations, talking of how the unions don't help workers, and only collect dues from them, and can't protect their jobs in bad economies (unions don't claim to be able to do this, but corporate rhetoric insists that they do claim it). What happens if they do destroy collective bargaining? We already know they're not going to increase the minimum wage, or create incentives for corporations to employ Americans. So how will they be working for the citizens of their country? What will they be doing to meet the promises of new jobs? [/being serious]
And while we're at it, let's privatize social security and pensions, and link them to the stock exchange! It worked for Enron!
#5
Posted 08 April 2011 - 07:21 PM
Many companies in my field outsource parts of each job to the domincan republic and india, because it's cheaper and clients only ever hire the lowest bidder in consulting. I know from my experience, many of the companies are not making a profit. I'm all for unions, but perhaps they are keeping us from being competative?
#6
Posted 09 April 2011 - 02:08 AM
The problem with capitalism is that the incentive is to maximize the bottom line so that the shares go up. There's no incentive to pay for the best labour, since the profit of your company is so closely tied to it's alleged value.
I don't know. This is the first time in years I have smoked weed, so I could be off my nut.
#7
Posted 09 April 2011 - 04:32 AM
What you describe actually sounds pretty good to me, if that's the way things work in Canada - The companies aren't making a ton of money, but they're keeping people employed. The government seems to be helping this by increasing spending. In the US, most of the workers there would certainly have been laid off already so that the companies could make massive profits and pay their CEOs million dollar bonuses.
I think competitiveness can only really take a country so far, and in times of economic crisis, that should definitely be put aside for the greater good, sharing the burden and all that. In the US, wealth has become even more concentrated than ever before in the hands of 1 percent of the population, whereas the other 99 percent has gotten far poorer. The wealthy are making hard times even harder for the vast majority of people, and that's just not acceptable.
Quote
#8
Posted 30 April 2011 - 01:14 PM
"And the Evil that was vanquished shall rise anew. Wrapped in the guise of man shall he walk amongst the innocent and Terror shall consume they that dwell upon the Earth. The skies will rain fire. The seas shall become as blood. The righteous shall fall before the wicked! And all creation shall tremble before the burning standards of Hell!" - Mephisto
Kurgan X showed me this web comic done with Legos. It pokes fun at all six Star Wars films and I found it to be extremely entertaining.
<a href="http://www.irregularwebcomic.net/cast/starwars.html" target="_blank">http://www.irregularwebcomic.net/cast/starwars.html</a>
#9
Posted 30 April 2011 - 11:59 PM
Quote
#10
Posted 02 May 2011 - 12:44 AM
And while non-violent revolutions are certainly possible, I just don't see that happening here. You know, if we were to have one in the first place.
"And the Evil that was vanquished shall rise anew. Wrapped in the guise of man shall he walk amongst the innocent and Terror shall consume they that dwell upon the Earth. The skies will rain fire. The seas shall become as blood. The righteous shall fall before the wicked! And all creation shall tremble before the burning standards of Hell!" - Mephisto
Kurgan X showed me this web comic done with Legos. It pokes fun at all six Star Wars films and I found it to be extremely entertaining.
<a href="http://www.irregularwebcomic.net/cast/starwars.html" target="_blank">http://www.irregularwebcomic.net/cast/starwars.html</a>
#11
Posted 17 June 2011 - 03:35 AM
To be more topical, I have recently heard people questioning whether teachers' unions are the problem in the U.S. education system... Really???
Quote
#12
Posted 17 June 2011 - 12:03 PM
Well, I could go into detail, but not right now. A bit busy atm. (And yet I still have the time to post about stuff on here )
"And the Evil that was vanquished shall rise anew. Wrapped in the guise of man shall he walk amongst the innocent and Terror shall consume they that dwell upon the Earth. The skies will rain fire. The seas shall become as blood. The righteous shall fall before the wicked! And all creation shall tremble before the burning standards of Hell!" - Mephisto
Kurgan X showed me this web comic done with Legos. It pokes fun at all six Star Wars films and I found it to be extremely entertaining.
<a href="http://www.irregularwebcomic.net/cast/starwars.html" target="_blank">http://www.irregularwebcomic.net/cast/starwars.html</a>
#13
Posted 17 June 2011 - 12:36 PM
#14
Posted 20 June 2011 - 03:26 AM
So yeah, basically it always boils down to managerial and operational efficiency (which is where freelancer-consultants usually take the cake). Plus your own brand's strength and a few more details, but again, efficiency rules everything. So by fixing prices for those surrounding factors like wages and all, one might actually argue that you're providing an even stronger incentive for companies to either excel completely or seek out niche markets and start developing those.
Quote
#15
Posted 20 June 2011 - 11:52 AM