Interview with Ricardo Semler, Chairman of Brazilian Company Semco, a democratic workplace. Aired on Australian ABC television 7:30 Report March 2007 Check out this video for a tour of SEMCO: http://www.youtube.com/watch?v=gG3HPX0D2mU&feature=related
@CUMBICA1970 I would argue that this point of view arises from a fundamental misunderstanding of market economics. Prices are relative, not absolute. If your in a desert, nearly dead from thirst, and you have a million dollars. IF I walked up with a canteen of water, then guess what, a canteen of water just become worth a million dollars. This demonstrates how prices and valuations change according to circumstance. We both benefitted from the transaction. It wasn't a zero sum game.
@ghostofanonion "One can only be wealthy if someone else is poor." This assumption is ultimately true. It's simple math. Take example the US: they have arguably the world's highest average income and still 40+ million live in poverty. Even if they double this average I'm 100% sure this structure will remain the same. And I'm not even counting the old trick of transferring production sites overseas but those workers (though 100% involved in the organization) conveniently hid from the stat.
@clubnaj Why pay the fisherman anything, when you can fish for yourself 4 fish a day minus 1 for the net. Don't get me wrong I'm all for invention. Just simplifying these equations dosn't work.
@RSUMGNDES111 but you're a zero
benrfc 1 month ago
nice interview
malindavanderwal 1 month ago
@indefiance24
Hooray for marginal utility!
LibertarianAtheistDR 1 month ago
heey my last name is semler
RSUMGNDES111 2 months ago
interesting indeed.
lovelplants 2 months ago
@CUMBICA1970 I would argue that this point of view arises from a fundamental misunderstanding of market economics. Prices are relative, not absolute. If your in a desert, nearly dead from thirst, and you have a million dollars. IF I walked up with a canteen of water, then guess what, a canteen of water just become worth a million dollars. This demonstrates how prices and valuations change according to circumstance. We both benefitted from the transaction. It wasn't a zero sum game.
indefiance24 6 months ago
@clubnaj Well put. Well put indeed!
BayStateObserver 9 months ago
@ghostofanonion "One can only be wealthy if someone else is poor." This assumption is ultimately true. It's simple math. Take example the US: they have arguably the world's highest average income and still 40+ million live in poverty. Even if they double this average I'm 100% sure this structure will remain the same. And I'm not even counting the old trick of transferring production sites overseas but those workers (though 100% involved in the organization) conveniently hid from the stat.
CUMBICA1970 1 year ago
I 100% agree with Ricardo
BaldeagleVIP 1 year ago
@clubnaj Why pay the fisherman anything, when you can fish for yourself 4 fish a day minus 1 for the net. Don't get me wrong I'm all for invention. Just simplifying these equations dosn't work.
ghostofanonion 1 year ago