tony: hey did you hear that people think that all the new TV may be part of some new coveration
michal: woah really?
tony: maybe i don't really know
michal: woah really?
tony: maybe i don't really know
by trash falcon September 29, 2018
Get the coveration mug.Corporations in 3rd world countries pay on average 500-800% of the income people are making there. These companies build factories there because they can pay less for labor than they would in America, meaning they in turn can charge lower prices, and sell more. By the same token, the workers who work in them don't do so to help the company, but because it's 5-8 times the money they would make at the next best alternative.
Voluntarily entered agreement to mutual benefit...the alternative is to take the Susan Sarandon approach (that is, legislate the jobs there out of existence..."better they starve"). The entire reason a company would go halfway across the world is because it's cheaper...using government Force to Coerce people into paying American wages will not mean the people there will be making more money...the companies simply won't build plants there (how could they afford to pay more for wages and for shipping? and why would any person do that?)
Bottom line, companies do not exist to provide jobs and wages. Wal-Mart does not sell bread to me for $X because I want it for that price...they offer it because the $X is more valuable to them than the bread. By the same token, I don't exist to provide income to Wal-Mart. I don't shop at Wal-Mart because it needs my money...I buy the bread because I value the bread more than my $X. But at the end of the day, each of us can only OFFER the other our property...neither can coerce the other; we each have the power to refuse the deal and walk away.
The situation is no different in India. A company can show up and build a factory, open the doors, and OFFER to pay people X. If X is worth more than their labor (which it surely will be if it's 5-8 times more than they're making now), they may choose to accept the deal. Just as the company has no right to Force people to work for them (or to order them to work under certain conditions), the individuals have no right to Force the company to hire them or employ them under certain conditions.
(As a side note, whenever a company opens a new factory over there, people typically beat down the doors to get such "low paying" jobs...they offer bribes to the employers, offer to pay their first month's salary in return for securing a job for a family member, etc. What we consider low paying here is actually an opportunity few of them would ever see, as it is more than any other place there pays them.)
Voluntarily entered agreement to mutual benefit...the alternative is to take the Susan Sarandon approach (that is, legislate the jobs there out of existence..."better they starve"). The entire reason a company would go halfway across the world is because it's cheaper...using government Force to Coerce people into paying American wages will not mean the people there will be making more money...the companies simply won't build plants there (how could they afford to pay more for wages and for shipping? and why would any person do that?)
Bottom line, companies do not exist to provide jobs and wages. Wal-Mart does not sell bread to me for $X because I want it for that price...they offer it because the $X is more valuable to them than the bread. By the same token, I don't exist to provide income to Wal-Mart. I don't shop at Wal-Mart because it needs my money...I buy the bread because I value the bread more than my $X. But at the end of the day, each of us can only OFFER the other our property...neither can coerce the other; we each have the power to refuse the deal and walk away.
The situation is no different in India. A company can show up and build a factory, open the doors, and OFFER to pay people X. If X is worth more than their labor (which it surely will be if it's 5-8 times more than they're making now), they may choose to accept the deal. Just as the company has no right to Force people to work for them (or to order them to work under certain conditions), the individuals have no right to Force the company to hire them or employ them under certain conditions.
(As a side note, whenever a company opens a new factory over there, people typically beat down the doors to get such "low paying" jobs...they offer bribes to the employers, offer to pay their first month's salary in return for securing a job for a family member, etc. What we consider low paying here is actually an opportunity few of them would ever see, as it is more than any other place there pays them.)
The fact that even the "poor" in America on average own clothes, radios, TVs, at least 1 CAR, phones, air conditioning, a dishwasher, and a multitude of other conveniences that the "better off" in countries can only dream of owning is the result of (semi) Free, unCoerced interaction with one another...and corporations are an incredibly efficient way for entrepreneurs to team together and invest capital to create more products, wealth, and job opportunities than anything else in all of history.
www.capmag.com if you want to learn about Freedom and Individual Rights (which go hand in hand)
www.capmag.com if you want to learn about Freedom and Individual Rights (which go hand in hand)
by tb11 April 22, 2004
Get the Corperations mug.Related Words
The most shittiest school in the world. Bullies everywhere, kids drink and smoke, and the teachers dont give a shit about it.
by crazychick67 January 12, 2013
Get the Cooperative Middle School mug.Congration is a sentence. *sarcastic clap*
by HaING February 5, 2017
Get the Congration mug.The act of beginning to drift too soon on Mario Kart, thus resulting in driving on the grass which inhibits your speed and more than likely costing you a few places.
Anna: Yes! getting up speed, gonna get back to first place in no time!
*starts drift too soon*
Ok, hold it out....No! I'm on the grass!!!!!
Rob: *Overtakes* Hahah I'm winning!
Anna: -_-" damn premature corneration...
*starts drift too soon*
Ok, hold it out....No! I'm on the grass!!!!!
Rob: *Overtakes* Hahah I'm winning!
Anna: -_-" damn premature corneration...
by Annaterasu July 1, 2011
Get the Premature Corneration mug.Liberal Christian offshoot of the Southern Baptist Convention. CBF's focus is on egalitarian social and political policies along with presenting a hazy view of theology. While most CBF members are not as far to the left as clearly apostate denominational elites such as found in the United Methodist Church, the CBF would be more accurately characterized as part of the mushy middle or moderates.
CBF does not explicitly deny the truth of the Bible, but they emphasize that individual believers can interpret the Bible any way that they choose. This tact on interpreting the Bible can easily provide a liberal Christian with the license to make the Bible into a wax-nose so that one can twist the Bible to justify whatever one wants to read into the text. This loose approach to reading and being instructed in the Bible comes from CBF's so-called "Four Freedoms": (1)Soul Freedom-a direct relationship with God without intermediaries (2)Bible Freedom-each person can interpret the Bible for himself without direction from anyone but God (or who one can easily deceive oneself into believing is God, viz. oneself who wants what he wants and wants it now) (3)Church Freedom-local church autonomy (4)Religious Freedom-as defined by egalitarian leftists at the ACLU. The CBF is affiliated with the Baptist Joint Committee for Religious Liberty, which opposes such benign policies as allowing for Ten Commandment displays.
CBF does not explicitly deny the truth of the Bible, but they emphasize that individual believers can interpret the Bible any way that they choose. This tact on interpreting the Bible can easily provide a liberal Christian with the license to make the Bible into a wax-nose so that one can twist the Bible to justify whatever one wants to read into the text. This loose approach to reading and being instructed in the Bible comes from CBF's so-called "Four Freedoms": (1)Soul Freedom-a direct relationship with God without intermediaries (2)Bible Freedom-each person can interpret the Bible for himself without direction from anyone but God (or who one can easily deceive oneself into believing is God, viz. oneself who wants what he wants and wants it now) (3)Church Freedom-local church autonomy (4)Religious Freedom-as defined by egalitarian leftists at the ACLU. The CBF is affiliated with the Baptist Joint Committee for Religious Liberty, which opposes such benign policies as allowing for Ten Commandment displays.
Cooperative Baptist Fellowship member reflecting on Deuteronomy 24 after his wife has burnt the toast: "I see here right in the Bible that I can divorce my wife if she displeases me. So, I shall divorce her and marry my sexier secretary. After she gets some mileage on her, I shall trade her in, too. I am so glad that I read the Bible and follow God's Word."
by Tex in Tex August 23, 2008
Get the Cooperative Baptist Fellowship mug.When looking up cooperation, I found "the definition does not exist yet" which made me realize, there IS no cooperation on the internet...
by ChelleBean April 11, 2011
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