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Is that the light at the end of the tunnel? (O.T. Thread)


zelbell
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45 minutes ago, candyman93 said:

I understand and agree with what you’re saying, but here’s an ugly truth people don’t feel comfortable talking about-

 

Our currency is strong, therefore our labor costs more, and the end result is products become more expensive to manufacture here. This isn’t some capitalism / socialism rant, I’m speaking pure money.
 

Our system inherently relies on exploiting somebody-somewhere unless there’s tremendous innovation. Innovation is extremely expensive and difficult, thus there’s not a lot of it.

 

Mega companies have also discovered this business strategy- Focus on short profits and just buy out a company that innovates something.

This is true, but it’s been done before.  

For example people afforded cars when they were built in Detroit by not just American workers, but union workers who worked 30 years and got a pension.  The Big 3 at that time definitely had issues, but not necessarily because of domestic labor costs.

Now we can produce cars with a fraction of the actual man hours/labor due to automation.

 

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1 hour ago, LETSGOBROWNIES said:

This is true, but it’s been done before.  

For example people afforded cars when they were built in Detroit by not just American workers, but union workers who worked 30 years and got a pension.  The Big 3 at that time definitely had issues, but not necessarily because of domestic labor costs.

Now we can produce cars with a fraction of the actual man hours/labor due to automation.

 

You’re right, this is how it SHOULD be. However, this all goes back to the “there must be infinite growth” problem. At some point in every company there will be no more good decisions that will help (innovation).

So you have a decision to make as a CEO: 1. Quit / Be fired or 2. Make a crappy decision that falsely boosts your shareholders profits long enough for you to survive 1-2 years.

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3 hours ago, candyman93 said:

You’re right, this is how it SHOULD be. However, this all goes back to the “there must be infinite growth” problem. At some point in every company there will be no more good decisions that will help (innovation).

So you have a decision to make as a CEO: 1. Quit / Be fired or 2. Make a crappy decision that falsely boosts your shareholders profits long enough for you to survive 1-2 years.

Yeah I mean that’s a whole other can of worms for here, but you’re absolutely correct.

As long as infinite growth and widening profit margins are the sole goal of companies this won’t improve.

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In case anyone is interested, here's the introductory episode for my series of episodes called, "Why fans of the NFL would love the AFL" https://www.ayankonthefooty.com/223-a-yank-on-the-footy-introducing-my-why-nfl-fans-will-love-the-afl-series/

Spoiler

New Zealand NFL fans who love rugby are exempted from the aforementioned "blanket statement".  😄

I've recorded 4 episodes in the series (hopefully a couple more....and would love to chat with some people who might be interested in the game, but haven't watched it all that closely before).  

Fishing GIF by Podcastdotco 

;)

Also have finished 13 of the 18 club preview interviews (3 more this weekend) and two more waiting to get times confirmed.  

Oh....and I'm also in the process of starting a 2nd (non sports) related podcast.  

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On 2/6/2023 at 10:31 PM, Bucketheadsdad said:

In case anyone is interested, here's the introductory episode for my series of episodes called, "Why fans of the NFL would love the AFL" https://www.ayankonthefooty.com/223-a-yank-on-the-footy-introducing-my-why-nfl-fans-will-love-the-afl-series/

  Reveal hidden contents

New Zealand NFL fans who love rugby are exempted from the aforementioned "blanket statement".  😄

I've recorded 4 episodes in the series (hopefully a couple more....and would love to chat with some people who might be interested in the game, but haven't watched it all that closely before).  

Fishing GIF by Podcastdotco 

;)

Also have finished 13 of the 18 club preview interviews (3 more this weekend) and two more waiting to get times confirmed.  

Oh....and I'm also in the process of starting a 2nd (non sports) related podcast.  

Later this month, I'm going to be chatting with former Melbourne Demon and West Coast Eagle (AFL) and San Diego Charger, Darren Bennett for my "Why American NFL fans will love the AFL" series of episodes.  Really looking forward to it.

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