Comments by "Kim O\x27Brien" (@kimobrien.) on "The Hidden Reason Manufacturing Jobs Have Disappeared" video.

  1. This is the way capitalism works they move production to lower wage areas for bigger profits. The bosses can not escape crisis since the world market is limited and they all can't be winners.
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  2.  @gaiustacitus4242  If the were to teach economics they would have to justify the profit which they can't.
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  3.  @thisgirlchris  To make the biggest profits the bosses seek to pay the lowest wages with the longest hours at the fastest pace.
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  4.  @thisgirlchris  Its all about making the biggest profits and controlling the markets to advance their profitability.
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  5.  @crsy3  Your assumption is that consumption by the elite is justified by their place in the capitalist system and that they are not both overconsuming and mismanaging the resources they control. Marx's real ideas concern the production of value and surplus value. Every system beginning with slavery produced a surplus. Capitalism now produces the biggest surplus on a world scale but that surplus is mismanaged by competing capitalist elite divided by nation state.
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  6.  @picdubois4620  The Bosses are General officers who win the battle of the market place by the number of discharges issued.
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  7.  @picdubois4620  Profits including bonuses are the unpaid wages of the workers.
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  8.  @johndoe-ss9bz  The unions need to organize a labor party with its own foreign policy. Profits are unpaid wages.
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  9.  @evangiles4403  Workers need to rebuild the unions and a labor party for a workers foreign policy.
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  10.  @allenkranawetter9482  As capitalism progresses the rate of profit naturally declines. The bosses use inflation to cut wages by ending the gold standard. The profits are just unpaid wages that go to the shareholders.
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  11. The bosses want us to work the longest hours at the lowest wages to make the biggest profits as prices naturally fall towards the cost of production. The bosses use the central bank to inflate the currency as a way to hold down wages and raise prices to boost falling rates of profit.
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  12.  @Spark-Hole  Greed for profit is what drives the capitalist investor.
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