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Message
re: HRC: "Don't Let Anybody Tell You Businesses & Corporations Create Jobs"
Posted on 10/31/14 at 6:53 am to germandawg
Posted on 10/31/14 at 6:53 am to germandawg
quote:
But what drives economic growth is demand
Africa disagrees with you
quote:
It is a relatively recent idea that the entities that meet these needs are responsible for their creation....and one that is so flawed that only a liar or a moron would repeat it.
See above comment
1
Posted on 10/31/14 at 7:00 am to Asgard Device
Jobs are a business....there is no difference in producing and marketing automobiles and producing and marketing productive labor. This is a mistake that capital has always made and usually to labors advantage. When you work for someone you are being paid for a product that you produce. You can invest Iin technology that improves your efficiency, you can cut production when supply is greater than demand.....in Essenes there is no difference. Capital has convinced itself for centuries that it is somehow responsible for the creation of commerce. Labor has also fallen for this ruse....and the reason is simple. Capital has time to dream up silly things while labor is to busy laboring....
Posted on 10/31/14 at 7:11 am to ironsides
I would love for y'all to explain how a corporation creates a job with no consumer demand driving the need to hire someone.
Gates has never done it.....he facilitated a demand from consumers to be more productive. Smart yes. Well compensated for those smarts yes. Creating something in a void? Didn't happen.
Apple? Facilitated a demand to communicate that is inherent in human DNA. Smart? Without a question. Well compensated? Rightfully so. God like in his ability to create a demand where none existed? Absolutely not.
Wright Brothers are Henry Ford? Again, mere facilitators of the human need to be nomadic. Heroic? Yes. Smart? Of course. Well compensated? Without a doubt....
I don't think any of you can state how a corporation creates a job. It sounds good on a bumper sticker and if you own a business and have employees it makes you feel all warm and cozy but if your truthful you will admit that without demand from customers you would have to find a way to meet your basic needs in another vein.
Of course HRC has no reason to point this out because y'all are so ingrained to think that capital is so superior to labor that anyone who suggests the two are identical is a commie.
Gates has never done it.....he facilitated a demand from consumers to be more productive. Smart yes. Well compensated for those smarts yes. Creating something in a void? Didn't happen.
Apple? Facilitated a demand to communicate that is inherent in human DNA. Smart? Without a question. Well compensated? Rightfully so. God like in his ability to create a demand where none existed? Absolutely not.
Wright Brothers are Henry Ford? Again, mere facilitators of the human need to be nomadic. Heroic? Yes. Smart? Of course. Well compensated? Without a doubt....
I don't think any of you can state how a corporation creates a job. It sounds good on a bumper sticker and if you own a business and have employees it makes you feel all warm and cozy but if your truthful you will admit that without demand from customers you would have to find a way to meet your basic needs in another vein.
Of course HRC has no reason to point this out because y'all are so ingrained to think that capital is so superior to labor that anyone who suggests the two are identical is a commie.
Posted on 10/31/14 at 7:11 am to jamboybarry
yeah well capitalism doesn't work in countries that outlaw it; embrace communism; don't use it
but some countries/people, including internet posters just don't clue in
but some countries/people, including internet posters just don't clue in
This post was edited on 10/31/14 at 7:12 am
Posted on 10/31/14 at 7:16 am to germandawg
we live in a free country. one doesn't have to work. one can starve to death if they choose
does anyone actually think they don't have to work to attain food? other than government leeches?
does anyone actually think they don't have to work to attain food? other than government leeches?
Posted on 10/31/14 at 7:18 am to Hooligan's Ghost
quote:
yeah well capitalism doesn't work in countries that outlaw it; embrace communism; don't use it
capitalism isn't outlawed in Africa brotato
Also it's a continent and not a country
Bottom line to act like demand creates jobs alone is a ridiculous statement
Posted on 10/31/14 at 7:36 am to jamboybarry
oh, I thought there was already a generalization about Africa [(there was) whether it's admitted or not]. AND that does not address the fact that it doesn't work where it is not tried!
of course capital and labor are opposite sides of the same coin, of course they need each other; it's like arguing the chicken or the egg
and by insisting on this circular argument, then the criticism heaped on corporations should also be heaped on labor
but running around the country campaigning for national office and making asinine comments that corporations do not create jobs is really ridiculous
it's like making the argument "it depends on what your definition of is, is." Gee that sounds familiar.
it's nonsensical
of course capital and labor are opposite sides of the same coin, of course they need each other; it's like arguing the chicken or the egg
and by insisting on this circular argument, then the criticism heaped on corporations should also be heaped on labor
but running around the country campaigning for national office and making asinine comments that corporations do not create jobs is really ridiculous
it's like making the argument "it depends on what your definition of is, is." Gee that sounds familiar.
it's nonsensical
This post was edited on 10/31/14 at 9:11 am
Posted on 10/31/14 at 8:22 am to HailHailtoMichigan!
quote:
Money comes first, and then production starts. You can't have an economy unless money is in the hands of people first.
Posted on 10/31/14 at 8:30 am to KCT
quote:
Seriously, this left-wing kook is the acknowledged front-runner for the Democrat Party's presidential nomination in 2016?
And Fauxchahontas is going to run to the left of her - significantly to her left.
There is no rational Democrat choice for 2016.
Posted on 10/31/14 at 8:37 am to germandawg
quote:
It is a relatively recent idea that the entities that meet these needs are responsible for their creation....and one that is so flawed that only a liar or a moron would repeat it....
Keynes has you all tied up in knots. NOBODY is denying that certain demands are inelastic. And demands are typically far more abstract than actual products.
And I agree with your chicken/egg analogy - to a point. But, the demand was never for "cars" - the demand was/is/will be "transportation". Now people needing to go places NEVER provided substantial employment for anyone - beyond a direct, 1-to-1 transaction. Passenger ship lines, railroads, taxicabs, Uber service, etc., they did all of that AND provided/provide employment.
As an example - throughout history guys and gals worked on ways to solve that transportation problem AND make a profit.
While the demand created the environment, Person A had to expend his own resources to build a boat, build a dock. spread the word and begin taking on passengers. He did all of this at personal risk - putting himself and his family at risk, because he was doing this instead of growing food - for example - at an initial loss. Some of these cats failed (boat sunk, got sick and couldn't ferry passengers, so business failed, competition brought bigger boats with cheaper fares, etc.).
So there was no boat ride until an entrepeneur "made that happen". People just needed transportation, in the abstract, until a capitalist decided to create or enter a market.
All goods and services follow this general model. Am I making any sense to you at all?
This post was edited on 10/31/14 at 8:39 am
Posted on 10/31/14 at 9:25 am to germandawg
quote:
But what drives economic growth is demand
Posted on 10/31/14 at 9:41 am to HailHailtoMichigan!
quote:They wouldn't be making anything in the absence of money.
If money didnt exist, how would a firm sell the goods it makes?
Posted on 10/31/14 at 9:43 am to Asgard Device
quote:So if hiring people, isn't job creation, pray tell what is?
TL;DR if you hire people to build you a 100' yacht, you didn't create those jobs
Posted on 10/31/14 at 9:48 am to germandawg
quote:If this were true, we'd have large swaths of our economy dedicated to building homes for poor people, and supplying them with water. Interestingly, houses are targeted to upper-middle income and most water utilities are governmebt-owned because they would otherwise be unprofitable.
what drives economic growth is demand and people have demand for some products rather they have income or not....water, shelter and food are the basic necessities that create jobs
Check your premise.
This post was edited on 10/31/14 at 9:55 am
Posted on 10/31/14 at 9:52 am to germandawg
quote:This happens EVERY SINGLE day. It's called at-risk-capital. Every venture capital firm in existence operates on the very model you describe.
I would love for y'all to explain how a corporation creates a job with no consumer demand driving the need to hire someone.
Posted on 10/31/14 at 10:07 am to Taxing Authority
quote:
This happens EVERY SINGLE day. It's called at-risk-capital.
Really, you could just call it "investment", when you're talking about firms. This is why investment is a component of aggregate demand by definition.
Posted on 10/31/14 at 10:26 am to 90proofprofessional
quote:That is a good point. No business is ever assured of future demand.
Really, you could just call it "investment"
quote:Indeed. The desire to put capital at risk is a form of demand in the capital market.
This is why investment is a component of aggregate demand by definition.
I think many forget that there is an active market for money.
We think of money as paper notes and coins In our pockets. But money-- is the raw material feedstock of the capital market. Just like oil is the raw material of the gasoline market. And without the capital market... an entrepreneur is limited to what she can do with her bare hands -- literally.
Posted on 10/31/14 at 10:33 am to 90proofprofessional
quote:
She's scared of Warren.
As am I. The idea of her in the Oval Office is pretty frightening.
Posted on 10/31/14 at 10:33 am to HailHailtoMichigan!
Hail Michigan is absolutely correct. Demand is not created in a vacuum. Companies respond to the market place - they don't create one.
Posted on 10/31/14 at 10:35 am to KCT
Wait, wait, wait, wait, hasn't the mainstream media convinced all the brain-dead Kool-Aid drinking Dems who claim to be "independents" (yes, VOR, this means you) that Hillacount is "moderate" who can reach across the aisle?
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