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 other 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 corporation mug.Similar to council pop, it's just another slang expression for tap water. People who can't afford a bought drink, enjoy the fine delicacy of corporation wine fresh from their local water authority.
In short it is the drinking of tap water.
In short it is the drinking of tap water.
by James-A-W August 18, 2006
Get the corporation wine mug.Related Words
Walmart taking over small businesses in communities is a good example of Corporate Rape. Small businesses can't compete with Walmart's low prices attained only through purchasing at high volume. Small businesses closes down, because they can't match the price. Walmart's ad campaigns manipulate the consumer into thinking they are doing something good by shopping at Walmart by saving money. Small business can't compete by sharing their side of the story. Consumers remain ingnorant. The people are manipulated into buying necessary items at Walmart, . The small business owners will probably file bankruptcy. The economical integrity of the town is is fragmented and cultural threads are frayed.
by Pegasis August 23, 2011
Get the Corporate Rape mug.Noun: an individual who works for money for the sake of money. Takes care of business for business' sake. Renegade working inside corporate ranks, fucking up all kinds of bottlenecks and complacency. Rocks the boat and follows the money. Takes "In God We Trust" to literally mean our, the royal "We", trust held in fiat currency. Will break rules AND take credit for it. Not afraid to catch flak. Cutthoat. Guilty by association.
Example 1
Person 1: Hey did you hear redacted got called to the 11th floor?
Person 2: Technically, redacted can't be called anywhere. They're an 1099- Independent Contractor.
Person 1: Fucking Corporate Cowboy. Probably stays cutting checks.
Person 2: Probably stays breaking necks. "Earn your keep, if you know what I mean..." haha
Example 2
Person A: Since when is a work day 8-5? WTF happened to 9-5?
Person B: "Right-to-Work", bud.
Person A: WTF is "Right-to-Work?" What happened to "Fire-at-Will?"
Person B: You need approval to fuck with Rules of Engagement. Corporate War and all. Can't just lick potshots all willy-nilly.
Person A: Fucking ay, man. Corporate Cowboys don't have to deal with Chains of Command. Are they hiring?
Person B: They don't hire. They only fire. Hahaha
Person A: Haha lit
Person 1: Hey did you hear redacted got called to the 11th floor?
Person 2: Technically, redacted can't be called anywhere. They're an 1099- Independent Contractor.
Person 1: Fucking Corporate Cowboy. Probably stays cutting checks.
Person 2: Probably stays breaking necks. "Earn your keep, if you know what I mean..." haha
Example 2
Person A: Since when is a work day 8-5? WTF happened to 9-5?
Person B: "Right-to-Work", bud.
Person A: WTF is "Right-to-Work?" What happened to "Fire-at-Will?"
Person B: You need approval to fuck with Rules of Engagement. Corporate War and all. Can't just lick potshots all willy-nilly.
Person A: Fucking ay, man. Corporate Cowboys don't have to deal with Chains of Command. Are they hiring?
Person B: They don't hire. They only fire. Hahaha
Person A: Haha lit
by el socio October 10, 2018
Get the Corporate Cowboy mug.Usually said by a “Karen” who wants to appear right and authoritative in a situation. It is usually stated by someone who doesn’t work for the company that is being threatened.
Customer: l don’t have to wear a mask; I have a doctor’s excuse.
Clerk: I’m sorry, but I can’t serve you if you don’t have on a mask. It’s company policy.
Customer: Well, I’m calling corporate!
Mike: Hey Ken. What are you doing?
Ken: I’m just weeding my garden.
Mike: You know that’s against our HOA rules.
Ken: No, it isn’t…I’m just pulling out the weeds.
Mike: Well, I’m calling corporate.
Did you hear that crazy neighbor say that she was calling corporate because I was turning on my porch light before it got dark?
Man, if you throw that cigarette butt in the street, someone may call corporate.
Clerk: I’m sorry, but I can’t serve you if you don’t have on a mask. It’s company policy.
Customer: Well, I’m calling corporate!
Mike: Hey Ken. What are you doing?
Ken: I’m just weeding my garden.
Mike: You know that’s against our HOA rules.
Ken: No, it isn’t…I’m just pulling out the weeds.
Mike: Well, I’m calling corporate.
Did you hear that crazy neighbor say that she was calling corporate because I was turning on my porch light before it got dark?
Man, if you throw that cigarette butt in the street, someone may call corporate.
by RaineyL January 5, 2022
Get the calling corporate mug.A corporate freeloader. Has an I.T degree but has never written a line of code in his entire life. He says he wants to learn but in reality is not interested. He attended a coarse in C# so that he can boast about it and moan how expensive it was. Doesn't know the difference between a website and a webservice and thinks microsoft sharepoint is something you install on a PC like a normal application.
When trying to explain a concept to him he stares at you and repeats "exactly.. exactly" many times. This is a giveaway meaning he understood nothing.
Strategically, he likes to be someone else's shadow, appearing to be a friend, he is really leeching on his resources and hard work. He continously tries to get recognition of other's peoples work and to appear as the expert, by repeating statements memorized from other's people's conversations. He acts more like a parrot than as a human. It seems his mental resources are utilised to monitor and leech others, not to live life like other people.
When cornered and faced with his limitations and freeloading tactics, he generally retreats, and waits for the next opportunity to repeat the cycle. When stressed he may burst in a frenzy of ridicule and intollerance towards others, but never admits his faults.
Beware of these people. They can make your life difficult to live in peace. if you need more info how to spot them, here is a good article i found:
http://www.digitaldigressions.net /blog/2006/03/how_to_spot_cor.html
I am not the origianl author and i am not advertising anything, but this stub cannot be complete without it.
When trying to explain a concept to him he stares at you and repeats "exactly.. exactly" many times. This is a giveaway meaning he understood nothing.
Strategically, he likes to be someone else's shadow, appearing to be a friend, he is really leeching on his resources and hard work. He continously tries to get recognition of other's peoples work and to appear as the expert, by repeating statements memorized from other's people's conversations. He acts more like a parrot than as a human. It seems his mental resources are utilised to monitor and leech others, not to live life like other people.
When cornered and faced with his limitations and freeloading tactics, he generally retreats, and waits for the next opportunity to repeat the cycle. When stressed he may burst in a frenzy of ridicule and intollerance towards others, but never admits his faults.
Beware of these people. They can make your life difficult to live in peace. if you need more info how to spot them, here is a good article i found:
http://www.digitaldigressions.net /blog/2006/03/how_to_spot_cor.html
I am not the origianl author and i am not advertising anything, but this stub cannot be complete without it.
Example of I.T corporate freeloader
You are assigned on a task by your manager. jason asks the manager to come with you to gain experience and 'learn' something new.
When you are on the task, he stays in a corner supposedly writing notes and does not provide input.
when asked by the manager about the task outcome, he jumps in the middle and speaks as he did all the work. Unkowing managers will get the impression he did all the work, but one that knows better ignores him outright. when this happens he gets pissed and offends him behind his back.
When you confront him that he really did not provide input and was only there to learn he offends you as well. jason then retreats and acts for his next chance, playing the administrative manager's role in the mean time.
You are assigned on a task by your manager. jason asks the manager to come with you to gain experience and 'learn' something new.
When you are on the task, he stays in a corner supposedly writing notes and does not provide input.
when asked by the manager about the task outcome, he jumps in the middle and speaks as he did all the work. Unkowing managers will get the impression he did all the work, but one that knows better ignores him outright. when this happens he gets pissed and offends him behind his back.
When you confront him that he really did not provide input and was only there to learn he offends you as well. jason then retreats and acts for his next chance, playing the administrative manager's role in the mean time.
by Freeloader Busters November 7, 2008
Get the corporate freeloader mug.These are legal entities created by the registration of appropriate incorporating documents with the supervising government office. These May be private (ownership sometimes held by specific individuals ,these are not traded on a public stock exchange) or public corporations (shares can be bought by everyday people). The Shareholders are protected from liability for faulty the actions of the corporation.
Corporations are what built up every single developped nation in the world. if you don't like them move to ethiopia.
by mAGIK bUS April 11, 2005
Get the corporation mug.