Re: Supply and demand ... (1/2)
D-rock said:
I am quite aware of how reality works. That is part of the reason I think capitalism as we know it is as flawed as it is.
I don't deny capitalism is flawed, but I would argue its the best thing we know.
D-rock said:
Hard vs. easy and fair vs. unfair should matter.
It
does matter. When I interview candidates or size people up, I don't size them up by what they do, but how they do it -- the challenges in their life and how they've coped. That's how I ensure I work with people who can handle challenges the best, and ensure any company I work for, or if they work for/with me, we succeed.
People who hire their friends, companies that maintain a useless, "top heavy" executive or middle management or otherwise don't think of qualified people first, they ultimately pay the price in unemployment themselves -- and often at the expense of their company at the same time. That's the balance of capitalism. It's not immediately, but there is a long-term balance.
D-rock said:
Sure, there are people who work hard, know what they are doing, and deserve what they get.
I didn't get that idea from you. I sit in an A/C office. I exert little, physical strength. I read something different about people like myself from what you said.
Now I can appreciate those who do have to exert physical ability. And I can feel lucky that I don't have to. But the reality is that I'm in more demand than they are. I've made myself a valued and rare commodity that is needed. And that's why I am paid what I am.
Not because I have been "privileged." Not because I was "given a job I didn't deserve." And certainly not because I don't know what "hard work" is. As a kid and even a teenager, I trampled around swaps and did a lot of physical work -- and decided I didn't want to do that for a living like my father.
D-rock said:
You might have had a point in me picking out the worst scenarios if it was an extremely rare occurrence, but from my observations things like that happen all the time, even more if you count instances that are even milder than that.
And that's exactly what the Social Liberal playbook does too.
D-rock said:
Besides very technical jobs where it is impossible to do them without knowing what you are doing, in my experience who you know is a lot more important than what you know or how well and dedicated somebody is to a job and even then if you know the right people you have the advantage.
And capitalism and the consumer eventually result in those companies with such attitudes to eventually go out-of-business. People and their companies who don't hire qualified people eventually die. I've been in several myself. I've told management that things needed to change. And I've not only left, but took a lot of their clients with me (I
never sign "non-compete" clauses)!
D-rock said:
Even me in the measly jobs I have had got all but one of them because I had some minor connections inside the place that spoke up for me getting hired. It worked out for them because I was a good worker, but that wasn't the reason they hired me.
So, what you want is "fair"?
How do you get it?
D-rock said:
Every company in the modern day makes everything as cheaply and as "good enough" as they can get away with. They don't have to be fair.
Oh boy, anytime you start saying "every company" you're not going to listen to anything I say.
D-rock said:
In fact I would say going above and beyond would be unthinkable because that would put them at a disadvantage to some corporation that is cutting corners and producing cheaper products.
Huh? Who says? Informed and intelligent consumers think otherwise. Now if consumers are dumb and blind, then they deserve what they get.
D-rock said:
Do you mean "rich" as in "wealthy"?
Or do you mean "rich" as in "high income"?
They are
two completely different "rich"
I assume you mean "wealthy."
Just understand those people pay capital gains tax, not income tax.
D-rock said:
and corporations have sort of created a culture that has enabled that.
Oh boy, now we get to the heart of the Communist Manifesto.
Like I didn't see this coming.
D-rock said:
As long as everybody is doing just enough to peddle their crap on the consumer they will be forced to buy their products to keep them in business.
If the consumer is that dumb and blind, yes.
D-rock said:
It is even worse now that the middle class is starting to slowly evaporate and people are being forced to buy cheaper products.
No, the consumer doesn't question where things come from, and how it affects the economy. Those that do, really do care! And even if it's only 30%, they do affect those corporations.
Furthermore, the erradication of the middle class has more to do with raising income tax on the "high income" of those who make more than US$20,000/year than the alleged "rich" aka "wealthy" who don't pay it. Insurance and medical bills are now becoming the #1 expense, and not commodities.
In fact, our standard of living is so high right now in the US, it's more about the consumer never thinking they have enough.
D-rock said:
If they really cared about making products that are sub-quality I wouldn't have to replace my coffee pot, taster, and boots ect…every year and a half because they are broken down already.
That's because 90% of US consumers want the "discount superstore." They don't care how long it lasts, becuase they can now buy a product that costs 1/10th of what it used to. Take the computer for instance. 90% of consumers don't care that their PC, peripherals, OSes and applications are only good for 2-3 years, they want to upgrade all 4 every 2-3 years.
Dude, listen, you're talking to an engineer. The whole concept of the "discount superstore" sickens me. It goes against every fabric of my essence as an engineer.
Unfortunately, 90% of US consumers are the ones that caused this, not the "rich and companies." The average US consumer wants this -- they want cheap, they want "loss leaders," they even give into "bait'n switch" sales these days.
D-rock said:
Of course the executives at the top always make their money no matter what. If anything they will try to sell their products in some marketing campaign, not by making what the produce better.
And consumers fall for it. Again, what you're talking about are "dumb and blind" consumers.
The essence of freedom is intelligence. The essence of capitalism is intelligence. If you have a dumb and ignorant populous, freedom and capitalism fail. And that's when the populous is easily swayed by socialism, and freedom is erroded.
For every safety net, for every regulation for every new agency, you
lose rights in a free society. They take away choice. Now agree some safety nets, some regulation and some agencies
are required -- but their proliferation is out of control.
Since the mid-'90s, 99% of US income taxes are now funded by those making several times the poverty income -- of which, *0* is paid by the wealthy. If you go back to the early '70s, when the OMB was founded, it was closer to 95%. Those income taxes are reducing the amount of discretionary income from income earners that can be used to create jobs. That's why only the wealthy -- the ones who do not pay income taxes -- are the creating more and more of the new, private sector jobs. Those with discretionary income are not, because more and more of it is being taken away -- preventing them from acquiring wealth.
I think it's awful that when someone overcomes the poverty line, the first thing they are greated with is, "oh, you're income tax rate just doubled, and the amount you pay now triples (or more!)." At the same time, most people -- who utterly lack the simple relevance of how progressive income tax works -- believe the "problem" is that the "rich" -- i.e., mid to high income earners get all the tax breaks. Duh, they are already paying 99% of the income tax -- so who is going to get a "tax break"?
And yet
none of these people are the commonly demonized "rich" aka "wealthy." That's why you see the "rich get richer" and the "poor get poorer." We're taking the income earners more and more, thinking they are the "rich" -- and that's why people who cross from poor to middle class
rarely acquire wealth! Because we
take discretionary income away before they can even use it to create private sector jobs.
D-rock said:
Of course companies that are ethical and fair will go out of business. THEY designed the rules that way.
Bullshit. I run my business fair and ethical. I know many, many others that do! Even large companies, like Hewlett-Packard (one of the last remaining "real engineering" firms in the US) is still largely a firm by engineers for engineers with a 30+ year vision, and not a narrow-minded 3 years.
These "rules" you speak of are more likely the "Common Law" results of litigation and lawyers. That's the root cause of most issues in the US -- lawyers. Just like doctors can't heal someone without the threat of malpractice litigation, engineers come under the same scrutiny and lawsuits when it comes to products. Engineers can't think of everything and accidents can and do happen -- not because so much of their negligence, but because of consumers'.