|Posted by Zane Hunker on March 8, 2013 at 3:35 AM|
At one time, investment fostered inovation that then created long term, widespread prosperity. Nowadays, short term gains create prosperity for a dwindling hyper-rich few. Out with innovation, in with consolidation.
2 main factors have taken us to this point, outsourcing and big online business.
Outsourcing has made products cheaper while creating massive job losses in the USA. Efforts to justify this practice have been made through spreading words like "free trade" and "global economy" don't be fooled, all these words mean is "Exploiting cheap labor in rural corners of the world to sell things cheaper is wonderful!!!"
Big online business is a godsend to the greedy, it allows maximum exposure, high volume, minimal physical assets and few employees which all means high profits and low risk. In terms of manpower and physical assets, Apple, Google, Amazon and Facebook are tiny. Many people consume the products of these companies while few are actually employed by them. While the economic opportunity created through the innovation of these companies must be considered in its own right, much greater the world be if more people were employed better.
Outsourcing and big online business are sugar highs for the plutocracy. Meanwhile, folks are struggling. It doesn't have to be this way. We must realize the symbiotic relationship between good people, and a good economy. They aren't just units of consumption and productivity, these are people that want to build a better world.
In this world, people need to go places, they need the jobs that build the vehicles to get them there. This is a world that values strength, integrity, hard work, risk, inovation and a real physical presence. Big factories, tons of steel and thousands of workers are all wonderful things. Many good people can go to jobs that take care of their families. These workers can afford to buy what they build. The company cares about them so they then care about the company. Profits generated by this kind of company go back into the inovation that once again creates long term, widespread prosperity.