Guess the idea here is that everyone else in the supply chains were getting raises, too, without an increase in productivity. (And as noted, labor can only increase its productivity with technological innovation.)
and that's why automation in factory allow cheaper good as lowering labor cost... nowadays, high price inflation and raise in profit is due transportation costs, especially people nowadays like to have premium product from exotics places..
yes it is but china is our biggest purchaser of our trash which they recycle for the paper and also there is a military unit whose only job is sorting through our trash for intel due to the fact we publish so much thanks to freedom of info act
@@thelasthallowmight should consider consumers willingness to finance the purchase and what that means for the price someone is willing to pay during the period mentioned
That worker couldn't afford that car either. That amount of money was probably as unreachable as today (or maybe just a little less) considering inflation and such
But... Productivity is finite. Sooner or later productivity will cap out and inflation has no upper limit so it'll keep going. A solution would be innovation and the creation of new industries
That's what these folks think too. They think the american system is the best to channel investment into research and innovation to meet competition. Not because americans are smarter, but because the system of investment and shared risk and benefit is better.
Profit sharing, performance related pay bonus, marginal revenue productivity and enhancements, a rise in wages can lead to a rise in inflation but if we export more and import more this won't be the case.🍻🥂
But its real, it works, and you're just an ungrateful, ignorant, communist who has no place in the modern era. Go back to 1960 where 60 million people starved to death to enjoy your communist utopia.
Yeah, that has already been corrected by me! But if it's his son, giving him a doll as a gift would be quite remarkable since boys usually don't play with dolls. Girls do. So, buying a girl's toy for a boy makes it feministic. But it doesn't matter, since it's just "the kid".
Buying a doll for a boy isn't a feminist action, it's simply not an anti-feminist action. There is no particularly feminist reason to buy a boy a doll - rather, the reason a person might NOT buy their son a doll would be that they hold antiquated views about gender. (Or their son just isn't into dolls - in that case you shouldn't get him one either.)
@@bentleykennedy-stone673 Huh? The only reason TO buy a doll for a typical boy, would be for feminist reasons. I grew up during that era. Boys take their dolls and turn them into guns. Example: Toy Story's Sid. The studies have proven what society already knew for thousands of years. Men and women are Born Different. It's not societal pressures that make boys like things that use big muscles. It's mother nature
Worker: _"Hey Boss, I just came up with an easy way to multiply our productivity!"_ [proceeds to explain his invention] Boss: _"Splendid! I'll get a patent for that idea and undercut my rival's prices whilst being able to lay off a third of my workers at the same time. Thanks, worker. As a reward for making me millions of dollars and reducing the labor pool, I'll give you a raise. You'll still have to produce twice as much as before in the same amount of time, but at least you won't get fired. Isn't capitalism great?"_
@@UnknownName5050 Did I utter a single negative viewpoint on capitalism? Certainly not. In feudalism, the lord would give the peasant a pat on the back and proceed to exploit his labor as before - only more efficiently. In socialism, the worker would get a badge and a useless honorific. Afterwards, he'd be expected to produce twice as much in the same time , but without a raise. Out of the three systems, capitalism is still the best choice for inventative workers. But they must act smart about it. Going to your boss with a new invention isn't a good idea. Patent that stuff, then go to your boss and make him a license deal. Then proceed to spread the new invention to anyone willing to buy a license from you. Bam, fast-track millionaire.
It didn't say he had a son. He referred to the person in question as "the kid," so it could be a girl. Besides, what does THAT have to do with fenimism? XD
These guys partly explained cartels in an earlier movie. They believe that in a functional market the consumer will punish would-be cartels and do their best to find alternatives. And if that doesn't work, the state must put sanctions against cartels and price-fixing.
I honestly believe that this was a opportunity filled golden era to live in. I think if I had a time machine I'd just go back to here. Also going back this far probably wouldn't kill everyone I came into contact with due to me being a walking biohazard from modern vaccinations.
Meh, it sure as hell wasn't a golden era for most people, and I'm not even talking about pre-Civil Rights black people barred from the better-paying jobs, higher education and the voting booth, traumatized soldiers or women who'd been booted out of the well-paid workforce and back into the home. There was still much bitter poverty then, little in the way of social safety (but then again, the same can be said for now) and less knowledge about things such as food safety and mental health. This movie is propaganda, of course, in the same way a Soviet cartoon explaining the wonders of collective farming would be. The reason employees got a sweeter deal than they got nowadays is because the unions were stronger then, and there was a labor shortage which meant workers had more bargaining power. Taxes were higher for big businesses, too. That's about it. America already has the labor shortage down, now those other two things and you could bring back a semblance of the "golden times of the 50's", although with less bigotry and Red Scare censorship this time
One thing which seems kind of un-american about this movie is that the worker decides to buy a DOLL to his SON for the latter's birthday. (What a feminist!).
Now most of the jobs going into making a car are automated... yet they're far more expensive, even factoring in inflation. Greed makes the world go 'round.
Dead Baron pretty sure cars today aren't even close to comparable to cars just 30 years ago... They're more expensive for a reason. I realize why. I'll let you figure it out for yourself though... It's really not that complicated a solution.
