summary of Kodak downfall
On 02/10/2014 07:17 PM, Dale wrote:
Kodak failed to leverage a giant imaging media market into emerging
hardware and software markets and new media markets
what if you applied the laws of supply and demand to labor?
the work less people want gets paid more
the work people want more gets paid less
no harm done to meritocracy, more meritocracy since the demand of labor
is satisfied better resulting in a more plausible production model, and
more labor and wages giving demand for products and service
for instance, a coal miner gets paid more than a schmoozer
not applying laws of supply and demand to labor violates capitalism
we do not have capitalism, we have only prestige, its like saying your
title is more important than your pay, its like saying titles are more
important than capitalism
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Dale
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