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Supply & demand

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Description: This should apply to employment as well
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Tweefo
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« on: July 28, 2009, 17:31:34 PM »

Just saw a news headline "South Africa unemployment 23%". Also in the news is the municipal worker's strike. They demand a 15% hike. Everybody wants more money but with an over supply of workers, can your demands be so high? Employers find it very difficult to get rid of workers once they are employed. This is not free market. The workers need protection but I think they have far to many rights. We need a Margaret Thatcher to put the unions in their place. If you want more money you find a job that pays more. Those unemployed will be happy to work for half of what these workers are earning at the moment.

 As you can see here I am an employer, not a employee so I see the issue only from one side. In the end they will probably get the increase and we will pay more on our rate and taxes.
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cyghost
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« Reply #1 on: July 30, 2009, 08:24:20 AM »

Some of these people get less than R3000 a month... I'd so be striking, it ain't funny.

The way they go about doing it however, cannot be condoned in any way or form. They simply shoot themselves in the foot.
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Mefiante
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« Reply #2 on: July 30, 2009, 08:47:43 AM »

They simply shoot themselves in the foot.
…inflicting a wound they then have to treat themselves anyway, unassisted.  It seems so pathetic somehow – I mean that that connection isn’t made.

As for many currently unemployed people being happy to work for a pittance, I’m not sure that’s true.  Street-side and parking lot beggars in the big cities (Pta, Jhb at least) are known quickly to “escape” from charitable work havens because their take on the streets is much better.

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Rigil Kent
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« Reply #3 on: July 30, 2009, 12:00:30 PM »

I'm with Tweefo here - how do you justify withholding services as supposed leverage when such services can mostly be done by anyone? Contra-flippin'-freemarket if you ask me.

'Luthon,  I notice we have a kiloposter amongst us. Well done! Smiley

Mintaka
 

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Mefiante
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« Reply #4 on: July 30, 2009, 19:24:28 PM »

'Luthon,  I notice we have a kiloposter amongst us. Well done! Smiley
Thanks! Cool (Achievement celebrated here.)

'Luthon64
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cyghost
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« Reply #5 on: July 31, 2009, 10:18:19 AM »

I'm with Tweefo here - how do you justify withholding services as supposed leverage when such services can mostly be done by anyone? Contra-flippin'-freemarket if you ask me.
I personally think that freemarket and capitalism is all well and good, but while people are dying of hunger, have no clothes on their backs and no roof over their heads, we as a species are failing.

I walk into a shoe store and I look at the rows and rows and rows of shoes and I always think, damn, that is a lot of shoes. And there are many shoeless people. wtf? Owning more shoes than I ever wear myself, I can only shake my head really.

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Rigil Kent
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« Reply #6 on: July 31, 2009, 10:31:35 AM »

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I personally think that freemarket and capitalism is all well and good
correct

Quote
but while people are dying of hunger, have no clothes on their backs and no roof over their heads, we as a species are failing.
Less correct. Our species will only fail once we completely stop having offspring.

But I assume your angle is philanthropic, in which case I see your point.

The question is, which economic system will leave us with the least amount of people going hungry? I think ideally we are looking at capitalism combined with birth control.

Mintaka
« Last Edit: July 31, 2009, 18:19:25 PM by Mintaka » Logged
Tweefo
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« Reply #7 on: July 31, 2009, 19:24:31 PM »

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The question is, which economic system will leave us with the least amount of people going hungry? I think ideally we are looking at capitalism combined with birth control
With you on that one. Who are the more well off countries? Free market. We have tried all sorts but in the end it is supply and demand that works. You can bend the rules for a while but in the end you will go bankrupt.

And there are to many of us. On a farm, if there is a problem with rats or something, the predators move in. We have reached pest proportions and it is just a matter of time for some predator to move in. It might be a virus and it probably won't wipe us out, but here is a huge amount of food.
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cyghost
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« Reply #8 on: July 31, 2009, 21:16:54 PM »

I think ideally we are looking at capitalism combined with birth control.
Combine that with education and we may have a winning formula  Wink
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