quantumcarl
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Originally posted by Raven
Enron
American Nightmare.
Originally posted by Raven
Enron
Raven, you are implying that if Nike weren't there, the void would be filled by other compaines that paid more. Were you asleep the day they taught supply and demand in economics class? Where would these other "opportunities" come from? Nike can pay those low wages simply because there are no other jobs for those people. The presence of Nike does NOT keep them from prospering, it keeps them from failing WORSE than they already are.Originally posted by Raven
Nike hires workers in Indonesia because labor is cheaper there and people who are already poor need more than the opportunities than the way Nike provides it. Simply put, Nike is taking advantage of the labor laws for its own good and not the good of Indonesia. And yes their economy does grow but not at the rate that other countries who use their resources to increase their own at faster rate and in essence keeps them down from reaching equal competition.
India prides itself at being "the world's largest democracy." Are you saying that Enron forced them to build these dams? Enron profited from a project that had negative environmental impact - but they did not start, fund, or manage the project. The project existed because the government of India WANTED it to exist and paid Enron a lot of money to make it happen. Negative effects of an ill-advised project are the fault of the entity that comissioned the project, not the entity that carried it out.I would also like to point out that you might want to consider other more damaging corporations. Enron for instance destroyed the environment in India and caused more problems for their economy under the guise of helping it. About a decade ago Enron made a contract with the Indian government to help build damns. The work created floods in populated areas and made millions homeless. To make things worse, Enron was the only corporation capable of cleaning up after themselves and yet they did not do this for free despite their fault.
Yes, that *IS* too much to ask. How exactly would the US go about enforcing such a requirement? We'd need to set up a labor bureau in every country that had US corporations employing people in it (which is about all of them) and enforce American laws on foreign countries. The term that best describes taking over the functions of foreign governments is IMPERIALISM. I'm sorry, but most countries are going to have to come out of the dark ages largely on their own.Not really, although it would not be a bad idea to help modernize other countries. No what I am suggesting is that when we employ the people and resources of other countries, we should treat them with the same standards that we would treat our own citizens. Is that too much to ask?
RW: Raven, you are implying that if Nike weren't there, the void would be filled by other compaines that paid more.
RW: Where would these other "opportunities" come from? Nike can pay those low wages simply because there are no other jobs for those people.
India prides itself at being "the world's largest democracy." Are you saying that Enron forced them to build these dams? Enron profited from a project that had negative environmental impact - but they did not start, fund, or manage the project. Negative effects of an ill-advised project are the fault of the entity that comissioned the project, not the entity that carried it out.
Were you asleep the day they taught supply and demand in economics class?
Originally posted by russ_watters
Raven, you are implying that if Nike weren't there, the void would be filled by other compaines that paid more. Were you asleep the day they taught supply and demand in economics class? Where would these other "opportunities" come from? Nike can pay those low wages simply because there are no other jobs for those people. The presence of Nike does NOT keep them from prospering, it keeps them from failing WORSE than they already are. India prides itself at being "the world's largest democracy." Are you saying that Enron forced them to build these dams? Enron profited from a project that had negative environmental impact - but they did not start, fund, or manage the project. The project existed because the government of India WANTED it to exist and paid Enron a lot of money to make it happen. Negative effects of an ill-advised project are the fault of the entity that comissioned the project, not the entity that carried it out. Yes, that *IS* too much to ask. How exactly would the US go about enforcing such a requirement? We'd need to set up a labor bureau in every country that had US corporations employing people in it (which is about all of them) and enforce American laws on foreign countries. The term that best describes taking over the functions of foreign governments is IMPERIALISM. I'm sorry, but most countries are going to have to come out of the dark ages largely on their own.
Those two statements are mutually exclusive. Either someone else will employ people at higher wages in Indonesia or not - the presence of Nike is irrelevant. And the reason I think you are unclear here is this:Originally posted by Raven
Actually I'm not implying that at all [rether oppeortunities]...
Russ I think it's short sighted to assume Indonesia would not be able to find other "opportunities".
If you aced econ, then you know that supply and demand applies to all goods and services: labor for example, is a service. Supply and demand DOES apply here. If there were "other opportunities", ie other companies that could turn a profit while paying Indonesians more, they would go to Indonesia and employ the people that Nike is paying less (or Nike would raise its its wages to compete). Thats how supply and demand works in a labor market.I aced economics. However, we aren't really talking about supply and demand in terms of creating profit here.
Careful - if its not a direct quote, don't put it in quotes. See my sig for what that is called. I never said it and I never even suggested it. Nike certainly can afford to pay more. That really isn't relevant to whether they SHOULD. Whether they should is a moral and legal question. Legally, they are clearly not obligated to pay more. Morally its a lot tougher. Morally, Indonesia should change its labor laws - or should they? If Indonesia changes their labor laws and enacts a $1/hr minimum wage, problem solved, right? Wrong. Nike (and every other corporation) picks up and moves to Vietnam where they can still pay $.40/hr. Supply and demand again. Raising the minimum wage could HURT Indonesia more than it helps them. So its a tough problem.The problem I have here is not what Nike "can afford to pay" (as you put it)
[?] [?] Enron funded the project? So this was charity? I don't think so. India PAID Enron to do it - otherwise Enron couldn't have profited.I also want to correct you, because Enron did start, fund and manage the project.
You implied before that the project was a flawed concept to begin with. Which is it? Did they screw it up or was the concept flawed? HUGE difference. I must admit that I don't know a whole lot about this project.Enron should have cleaned it up at their cost since they were the culprits to begin with.
Originally posted by russ_watters
quantum, I actually mostly agree with your post there. I went a little further with my argument than I actually believe. Though most would call heavy handed nation building imperialism, I think sometimes it may actually be necessary. Regardless, it would be great if other countries could learn from our mistakes. But its tough and it doesn't always work that way. Besides which, a lot don't WANT our help. They certainly wouldn't pay a consultant to tell them how to run their country.
Originally posted by quantumcarl
It would make a good company and a good american dream to create a legitimate and authoritative consulting firm that helps to guide countries through their early stages into the current climate of corporations and administrations. They could compile and present the best ways to avoid the devistation to the environment and their citizenry caused by the one foot forward... 4 steps back process called progress.
Originally posted by Zero
Can we somehow skip the corporations, since they are the bane of freedom and personal achievement, not to mention the environment and economy?
You are soulless and evil.Originally posted by kat
LOLOLOLOL thanks Zero, I needed a good laugh!![]()
BTW as a small business owner I've been incorporated for almost 10 years now, being incorporated allows me much personal freedom! and has certainaly contributed to my personal achievement!, not to mention I am environmentally green and definitely have contributed to the local economy!
Originally posted by russ_watters
You are soulless and evil.