Tuesday, April 3, 2007

April 3, 2007 - “Economics for Real People” vs. Vulgar Libertarian Bullshit from Corporate Press Releases

[And with all due respect to Gene Calahan who wrote a book by the same name. This article is about bad times for employees of Circuit City.]

“Like many companies,” says this revealing article in Businessweek, “Circuit City has a set of company values, which it conveniently lists on its website. First among them: 'Our associates are our greatest assets.' Last week some 3,400 of them learned what that means. Their jobs were eliminated solely because the company decided they were getting paid too much. Clearly, the company doesn't value them as 'great assets.' If it did, it would realize that firing employees because they've performed well enough to earn raises demoralizes everyone else. What kind of inducement is it for employees to work hard and excel if their reward might be a pink slip? And why would people want to shop at a store where the low premium on service is so loudly trumpeted?”

Oh the joys of being a wage slave! Those folks did everything the company asked them to do, and did it well; and their reward is to be kicked to the curb. But I hear some people actally like being wage slaves AKA corporate employees, because working for yourself is such a risky, tiresome and heavy responsibility. Whatever. Some people like S&M too.

As for me, I'll take the risk of fending for myself and come what may, rather than put my future in the hands of the corporate types and politicians who dominate American style state capitalism.

No comments: