a question for you: the wages of the average person in the west are dropping, etc. if the global elite were to decide the exact wage level of the average person, where would they stick it? is it better to keep everybody poor, some people rich, or what? where does the ultimate profitability lie? maximum exploitation, or does it make sense to let people have a certain amount of money?
are the global elite, whose only goal is profit, likely to make more money if all wealth is distributed to corporations, or is it better for them to have a consumer group with a certain amount of money to spend? are we heading for mass poverty, or would that just be scaremongery?
ok. let me answer again. i said that it is a part of globalization process. and it results from the advantages of capital. if capital earn little in malaysia, it can go turkey, china, argentina etc. but labor cant. if you remove all the rules&borders on capital but not on labor, it is natural that averages wages will drop.
THANKS FOR YOUR COMMENT.i really forgot mr. galbraith. i knew he had died in 2006 but i forgot to put his pic to movie. sorry again. i will correct it. thanks
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no te dice nada!!!!
fabrimanuel1 7 months ago
You forgot Robert Kiyosaki, the best of the best !
teknoketer 1 year ago
Gostei. Valeu esmo!!
bbaahhiiaa 5 years ago
a question for you: the wages of the average person in the west are dropping, etc. if the global elite were to decide the exact wage level of the average person, where would they stick it? is it better to keep everybody poor, some people rich, or what? where does the ultimate profitability lie? maximum exploitation, or does it make sense to let people have a certain amount of money?
rakmanenuff 5 years ago
are the global elite, whose only goal is profit, likely to make more money if all wealth is distributed to corporations, or is it better for them to have a consumer group with a certain amount of money to spend? are we heading for mass poverty, or would that just be scaremongery?
rakmanenuff 5 years ago
as i you know that put pressure on the wages in the west. i think so.
gokhanomics 5 years ago
i wrote a pharagraph that contains 3 comments. why wasnt it published? :S
gokhanomics 5 years ago
ok. let me answer again. i said that it is a part of globalization process. and it results from the advantages of capital. if capital earn little in malaysia, it can go turkey, china, argentina etc. but labor cant. if you remove all the rules&borders on capital but not on labor, it is natural that averages wages will drop.
gokhanomics 5 years ago
You forgot John Kenneth Galbraith!
ludwigau 5 years ago
THANKS FOR YOUR COMMENT.i really forgot mr. galbraith. i knew he had died in 2006 but i forgot to put his pic to movie. sorry again. i will correct it. thanks
gokhanomics 5 years ago