Once upon a time, the philosophy of Capitalism was to place before the consumer the best product possible for the least possible price. This was to underpin the greater common good and the greater collective good.
Today this is not the philosophy of Capitalism. Today, it is to offer the product of whatever quality that might pass muster and gouge the consumer of the highest possible price bearable.
There was also once a fantasy that Capitalism cared for its workers who worked faithfully over a life time to ensure the profits and other monetary benefits of his employer.
This is not so today. Today, Capitalism pays the least wages possible and least possible benefits whilst demanding, requiring and coercing the highest quality of labour. In fact, the way to ensure that labour enjoys zero benefit is to give the employee a contract job or even better to give him the job on an on-call basis. He rings in daily if there is a job. If he is late, he has no job. The worker is yoked into a one-down stance, hostage to the whim of the employer.
This is to create a labour force, one step removed from slave labour.
Wednesday, April 10, 2013
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