Infidel
1:57 Sat Jun 13
Re: TTIP
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H&P
That 'human capital' as you call it is not just a downstream recipient of whatever the employer metes out to them.
Human capital is an ugly term for what is better described as 'people'.
And people need to take responsibility for themselves, not wait to receive instructions from their employer.
That means investing in themselves. They can start by reading books - lots of them. It takes 45 seconds to read an average page of text. In round numbers that means 3.5 hours to read a book of 300 pages, so just 30 minutes reading every night before going to sleep and you can read 50 books a year.
That's why there is no excuse for remaining on low pay. In the long run you are paid what you are worth,so by increasing your value to an employer (and being willing to move jobs / relocate when necessary) you also increase your pay.
I have no truck with this idea that employees are victims and employers decide how much people are paid. The employee decides how much he or she is paid - by making the right decisions and investing time and energy in self improvement.
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Hammer and Pickle
11:53 Fri Jun 12
Re: TTIP
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The point is not so much the revenues corporations generate, but the way they employ human capital.
And that tends to be most wasteful and uninspiring.
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Infidel
11:39 Fri Jun 12
Re: TTIP
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Comma
It's not the role of businesses to promote political aims like social justice or environmentalism.
The role of corporations is to maximise the return for their shareholders.
In recent years it has become clear that corporations can't do that unless they also show willing with some wider social / political interests, because customers increasingly regard it as an important purchase criterion.
Hence we have all these phoney CSR programs, which are little more than tick box exercises. Corporations regard them as a nuisance but necessary.
And that's how it should be. The day corporations stop looking after their shareholders is a black day for education,public health,welfare and pensions, all of which are paid for out of the taxes generated by private sector companies.
They pay taxes directly on both their profits and on their payrolls; they pay VAT; their employees pay income tax and NI; and their shareholders pay dividend tax.
Corporations are a vast milk cow for the Treasury and the more successful they are the more they pay in tax.
Yes some of them relocate their HQ offshore and use transfer pricing arrangements to reduce their corporation tax liability but that is only a fraction of the total taxes they generate, a point missed by all the commentators on this subject.
I want companies to be focused on shareholder returns. So should everybody else. Anyone who thinks that is somehow evil doesn't understand how public services are funded and should go arm themselves with some facts.
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Hammer and Pickle
7:24 Fri Jun 12
Re: TTIP
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You do realise it was a rhetorical device that the cunning 13 applied, don't you?
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mashed in maryland
7:19 Fri Jun 12
Re: TTIP
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It's taken me over a decade of posting almost whatever it takes to make people on here think I'm a cunt, and I've finally been mistaken for SurfaceAgentX2Zero.
I'm proud of myself.
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,
7:13 Fri Jun 12
Re: TTIP
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I think that fiddle lets a cat out of the bag when he talks about companies run in the interest of shareholders. Uber capitalism is run by and solely for the benefit of the directors. This group of people even shaft the shareholders with their crony stacked remuneration committees.
Gone are the days when a company had stakeholders who all mutually benefitted from a company's success whether owners, shareholders, employees, suppliers or customers. Now it seems the ethos is shaft everyone else other than shareholders or directors.
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Hammer and Pickle
7:04 Fri Jun 12
Re: TTIP
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Off the top of my head, I've worked for Glaxo, Tetra Pak, Ernst & Young, Nestle, Disney and Danone and of course the profit-motive is paramount just like in any business
But that is a truism, and what counts is the strategy selected for achieving that profit, and this varies massively.
Personally, I'm far happier being part of the precariat because I like taking my own policy decisions. However, there are some areas in which I cannot represent my interests very well and if those come in conflict with very powerful actors like Monsanto and Cargill, then I expect my government to represent me at whatever level happens to be effective. In the case of TTIP, that level happens to be Europe.
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Joke Whole
6:48 Fri Jun 12
Re: TTIP
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"Yet you still feel qualified to hold forth on the character of the people who run these companies, which by the way included me for the years I was there."
We only have YOUR independently unsupported comments on the whole thing, Infidel, and likewise mine.
Read an interesting piece in today's Independent concerning one of these so called "Managers of big business", and it basically quoted him as saying "Profit (for the shareholders_ comes before both people and the planet. If people & the planet gains some benefit from the corporation's actions, that was just fine & dandy, but the pursuit of profit trumps all and if that wasn't fully believed at the highest level, then the non-believers were not worthy of their place in the organisation.
Something being good for business does not automatically imply or mean it's also good for the population. See? I can spin both ways, me. Same as I can smell self-supporting bullshit.
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SurfaceAgentX2Zero
6:02 Fri Jun 12
Re: TTIP
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13 Brentford Rd 1:03 Fri Jun 12
'.....oops sorry meant Mashed.'
***Puts jackboots back in cupboard whilst humming Horst Wessel Song***
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fred flinstone
2:58 Fri Jun 12
Re: TTIP
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I didn't notice any of this evil plotting going on while I was there.
Really ? That is a surprise !!
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13 Brentford Rd
1:02 Fri Jun 12
Re: TTIP
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mashed in maryland 8:50 Thu Jun 11
Re: TTIP
Infidel 3:32 Thu Jun 11
"Fuck all that, the Jews run everything.
All you saw was a smokescreen.
Fact."
What the fuck are you going on about suface?
Will you be at the BNP demo on the 4th?
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Infidel
12:57 Fri Jun 12
Re: TTIP
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Joke
I think we can safely conclude from that last post that the answer to my question - whether you have any first hand experience of large corporations - is 'no'.
Yet you still feel qualified to hold forth on the character of the people who run these companies, which by the way included me for the years I was there.
You don't have a scintilla of evidence for your outrageous accusations, yet that doesn't seem to bother you in the slightest.
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Joke Whole
9:30 Thu Jun 11
Re: TTIP
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"What I saw was decent, honourable people, doing their best for both the company's shareholders and the wider society in which we operated and which their children would grow up in."
I suspect what you saw in reality was "...decent, honourable people, doing their best for...the company's shareholders"
The rest being the direct opposite of what the American military call "collateral damage" when they fuck up.
Nothing wrong with that - I live and work by a philosophy of doing my best in whatever I do and I don't give a shit if someone earns 2,3,5,10 times as much as I do by hanging onto my shirt-tails. Fair play in my book. However, as soon as any of the activities of any tail-hangers prevent me from doing my best, they get fried; they are 100% NOT my responsibility - they chose to follow. THEY are that "wider society you spent time gawping at in awe", rather than doing what you were paid to do.
Joe Public gets fuck all out of TTIP, but the company he has a zero hours contract with will simply accumulate more wealth, and not ALL of the UK are shareholders in the companies that will benefit most. And you can kiss any tax revenue a government thinks they owe goodbye.
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mashed in maryland
8:50 Thu Jun 11
Re: TTIP
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Infidel 3:32 Thu Jun 11
Fuck all that, the Jews run everything.
All you saw was a smokescreen.
Fact.
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BRANDED
5:43 Thu Jun 11
Re: TTIP
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Americans are Massive Cunts.
Does that help?
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SurfaceAgentX2Zero
5:41 Thu Jun 11
Re: TTIP
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After8 4:58 Thu Jun 11
'All black people are wonderful' comes above 'all Americans are cunts' in the left-wing handbook.
Same as 'appeasing Islam' trumps 'women's rights and 'religion is the cause of everything bad that ever happened'.
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SurfaceAgentX2Zero
5:39 Thu Jun 11
Re: TTIP
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Ged,
Loving the way you are trying to revive the argument so resouningly rejected by the electorate. Labour overspent - end of story. I'm sure you are being deliberately obtuse, because not only are you now at odds with the Labour leadership constenders, but you are not stupid enough to misunderstand the difference between deficit spending in a recession and in a boom.
But I'll just comment on your faux outrage over Osbourn's privatisation of RBS. Since he didn't decide what the right price was to buy it, he can't be held responsible for selling it at a loss.
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After8
4:58 Thu Jun 11
Re: TTIP
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It amuses me how Obama was feted and praised for six years and now the U.S. and the EU are discussing a trade deal suddenly we're back to evil Americans destroying everything again.
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