He often states that the rich are necessary because they lead our economy and that their money helps them to do so. Then later in the books he calls the rich greedy and that they have more money than enough money for them to have a luxurious life. He is basically saying that while some families are struggling to have at least one meal a day, the rich just save/blow money on useless things. He quotes on pg. 20 that “The poor cannot be expected to save, because they need every dollar for basic needs such as food and shelter.
Margaret Benston said that the amount of unpaid work done by women is very large and is very profitable for the people that own the means of production, men have to pay for the women and his own work. This means that the husband has to pay for any equipment that the wife may need to look after children or do the cleaning or cooking. These responsibilities will commit the male to waged labour as if he stops working he will not be able to support his family. Benston concludes that the family system traps the husband in market labour. The wife’s role of ensuring the husband is performing well at work does not cost the employer anything, this shows how the family promotes free labour.
There are also workers and suppliers, who don’t think that Wal-Mart is good for America. Many local businesses are out of business because they cannot compete with Wal-Mart’s low prices. By striving for lower prices, Wal-Mart turned to outsourcing and now the majority of company’s suppliers come from China. Wal-Mart’s outsourcing has a dual effect: it provides low prices for products, more earnings for shareholders and on the other side it drives American suppliers out of business, which means people are losing their jobs. However, some argue that outsourcing unskilled labor will open up opportunities and will lead
In the Grapes of Wrath, I understand why Ma Joad said this, as they met plenty of poor, helpful Oklahomans going through the same things they were, but the wealthy Californians did not welcome them and were hostile to them. Ma Joad said this when the worker at the ranch store paid for a dime of sugar for her. The point that this quote makes is that money makes people greedy and selfish, so I believe the quote is more about the evils of money than the helpfulness of the poor. This quote carries the same power today as it did back then, if not more so. A great modern example is that while only 20% of the world lives in a developed country, these 20%
Wheelan continues to say although it seems inhumane to have employees in sweatshops working for meager wages, it gives people jobs who otherwise may have no job at all. Also, lower prices are the equivalent of higher incomes. Wheelan also mentions that world trade opens the doors of domestic business to other countries which increases investment and business. Trade is one beautiful process. In conclusion, Wheelan strongly asserts the point that the economy is always changing, and factors like GDP and inflation will never stay the same.
Buy Nothing Day can be a time to stake a step back and see the infection of addiction the society has to buying. The society today gets caught up in mass production popularity and they do as the general public does. They save their money to buy something that they want not that they need. People around the world are starting to forget what they are dependent on and giving up their livelihood. Just to fit in to the new society’s say so; the people use all their
This stimulates big businesses because its saves the business more money to pay someone less for their services. On the other hand, segregation hinders the economy by splitting people up which makes it harder to find more willing workers. Also, no products will be introduced to the economy if segregation was still prominent. The economy wouldn’t have any positive growth because of segregation. The United States was founded off of immigration.
No jobs equal no dreams to build In my opinion there are far too many immigrants that already occupy all areas of our industrial and mercantile business. What this does is limit the amount of hometown jobs for hometown people. One classic example is it is cheaper to pay an immigrant less per hour to pick produce than it is to pay a hometown individual that is associated with a union. I am not saying pay is a huge factor it is only one facet of the whole diamond. There are jobs such as picking produce that no hometown native would want to do because it is too dirty for them to perform so these jobs become appealing for the searching immigrant.
Any additional raise of minimum wage would totally jeopardize the everyday lives of all Americans. The fewer jobs available, because of the pay hike, will mainly be the cause of the lower class workers’ unemployment. Simply, the minimum wage debate is a touchy subject among many economists and political figures. There are an immense amount of arguments toward the good and bad aspects of minimum wage, but one incontrovertible fact is that a minimum wage elevation causes loss for businesses, as well as, working people. The larger businesses try to make things seem more at ease than they truly are.
“Erik Larson of the San Diego Farm Bureau says that, because land is so expensive, farmers have to grow crops with a high return on investment, and those crops are also labor intensive. He says that without immigrant labor most farms in San Diego would disappear”. “Construction and tourism also benefit from cheap immigrant labor. Tourism is central to San Diego’s economy, and many of the people changing the sheets and washing the dishes in hotels and restaurants are illegal immigrants. Their low wages increase employers’ profits and lower consumers’ costs.” (St. John).