"The whole concept of Reagonomics [sic] rests on premises that I don't buy into. The most important lesson I got when running my own business, was that employees are pure overhead. If you can automate a function w/ a one time investment of capital or if you can outsource a none core function. Or better still, if like Tommy Hilfiger, you can operate your entire business off a lap top, that's what you do. Businesses do not 'create' jobs, the market does. A business only hires people when if is forced to by product or market conditions. Otherwise, I ain't hirin' nobody. This ain't no social program, this is 'bidness'.I linked to Gary Marshall because I like anyone who can cite Naomi Klein and Bill Hicks in a single article.
Yet, the popular myth is that the people at the top will invest money in ventures that create jobs, when the truth is, they invest their money for maximum return. Jobs are an unfortunate, if necessary drain on corporate resources.
The arguments that 'the company is it's employees' and 'employees are a company's most valuable asset' are often true but miss the point. The premise only holds true until I can maximize my return elsewhere.
I know you know this. I guess what I'm saying is that Reagonomics [sic] seems to imply that market conditions always favor or nearly always favor investing in human capital. That premise just is not true.
As soon as DOD can get 1/3 of their fleet automated by 2010 (I think that was the stated goal), look for serious profit potential to be made in the logistics chain. Once this technology gets cheap enough, and a 1/3 fleet purchase by DOD represents a significant move in that direction, look for the rest of the battle to take place in the courts, w/ Unions claiming the technology unsafe for the American streets, battling a well financed element fighting to immediately field the technology and reduce the cost of labor.
And Reagonomics [sic] will fail another test, but it's a test I don't think we can avoid, and I don't think labor will win. I'm just not sure how societies, economies, workers, will adjust. I'm not worried about those who will have the capital to invest in these ventures, just everyone else.
And I've said just about everywhere I've gone, I hated Ronald Reagan Zapp. Good -your choice of expletive here- riddance, just twenty years too -your choice- late. But this time, I mean that in a nice way..."