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View Diary: "Waiting for Superman" and Education Nation - more concerns (126 comments)

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  •  such contrasting wants (6+ / 0-)

    if the consumers had higher wages they could buy more and make the corporations even richer.
    It doesn't make sense to should be their priority if they are working in their own best interest.

    What if the hokey pokey is what it's all about?

    by Julie Gulden on Wed Sep 22, 2010 at 05:39:20 PM PDT

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    •  welllll... this is the cost-benefit analysis (8+ / 0-)

      of the corporation, I reckon.  The people at the top make more money if the corporation is large.  The corporation gets large by selling.  You can either sell a lot of low priced items or a few high priced items.  Which is a more stable, robust model?  lotsa low priced.  It's not the only model, of course.  Boeing is a complex conglomerate with mostly high end output, but it serves gov'ts and other corporations.  It's a middle-man, in a sense.  But large corporations marketing their wares to individual consumers make more money by selling more cheap stuff.

      Admittedly people have to have the money to do this, and as we're discovering, this model is not likely to be sustainable.  Marketing trumped reason for so long middle class people bought a lot of crap they didn't need or couldn't really afford, while their real incomes are being chipped away by serious needs such as health care.  We get to a point at which we can't afford the necessities, we haven't been able to save for a rainy day, and we're behind the eight ball, because corporations push the envelope of their ability to turn short term profits.

      If you pick up a modern book on "entrepreneurship," you'll find that mnay, if not most, of them recommend you build a business that requires the least intelligent of employees.  They don't say it that way, but they suggest that there should not be "key" employees that you can't do without.  Processes should be so clear that employees are "plug and play."

      feathers fall around you, and show you the way to go... -- Neil Young

      by bubbanomics on Wed Sep 22, 2010 at 05:57:03 PM PDT

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    •  but they don't want (4+ / 0-)
      Recommended by:
      Julie Gulden, JanL, bubbanomics, m00finsan

      to maximize revenue, they want to maximize the share of the economy that they own.

      The question is not whether the chickens needed replacing, the question is whether the fox should have been guarding them in the first place.

      by happymisanthropy on Wed Sep 22, 2010 at 07:15:34 PM PDT

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