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Tom Gardner[_29_] Tom Gardner[_29_] is offline
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Default "Poverty cycle" for businesses

On 10/31/2014 1:53 PM, wrote:
On Thursday, October 30, 2014 6:30:24 PM UTC-4, Ignoramus28704
wrote:
We all have heard of "poverty cycle", where people are trapped in
low paying jobs, have to work a lot just to make ends meet, have no
time for education, start drinking on top of that etc.

This poverty cycle is real, and while it is possible to get out of
it, it takes a real feat and a superhuman effort.

What I want to bring up is that there is an analogy of poverty
cycle for businesses. This is includes one-man businesses, just as
well as larger companies. The poverty cycle for a company is being
trapped in a low return, high hassle business. Similar problems
accompany companies in poverty, such lack of funds to improve, lack
of time to think about doing things differently, being unable to
reject undesirable clients, etc.

A big effort needs to be made to stay out of the business poverty
cycle. Getting out of it, may be completely impossible (unlike for
people).


No. Traditionally, low income workers call to bring union reps to the
job site and they rally out in front until the business agrees to big
labor terms. (Like what McDonald's and other workers are doing).

In Europe, they rally and march several times a year just to keep
pressure on businesses to stay on big labor terms. In the US they
hardly ever rally or march. Therefore big labor contracts involve
lower pay and less benefits.

(because there is no pressure on industry to pay higher wages)



Not every job can pay rocket scientist wages. Entry level jobs teach
people responsibility and skill and other marketable qualities.
Meanwhile, people should have paid attention in school and not gotten a
trophy for "showing up" at a sports game? $15/hr for a burger flipper
is STUPID!

Why can't people have some responsibility for their lot in life and not
just have everything handed to them or have some corrupt organization
fight for unearned benefits using extortion, threats and blackmail?