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Revenue maximisation is an 'embedded imperative' of companies a capitalist system, so of course these jobs will be migrated to where they can be done most produ

Revenue maximisation is an 'embedded imperative' of companies a capitalist system, so of course these jobs will be migrated to where they can be done most productively; they will then be automated as soon as the roles become simplified and the AI becomes more advanced. This is neither 'right', not 'wrong' much less shameful; it is simply the logical extension of the socio-economic system we all willingly subscribe to. The only alternative, would be to establish different forms of community owned organisations (should all businesses be owned by employees?) allied with protectionism to prevent leaner, more efficient capitalist firms from outcompeting the co-ops.

komali2 1y ago
Yup. The only alternative is what countries are trying right now, protectionist controls on immigration and tariffs to prevent companies from manufacturing elsewhere, or laws that require attempting to locally hire before hiring on visa (hilariously easy to circumvent). But that's in opposition to capitalism, which many big fans of that mode of production will quickly remind us. No regulation! Pure capitalism! Can't have your cake and also eat it. This trend is one excellent example of the inherent, unsolvable issues with capitalism.
modo_mario 1y ago
>the socio-economic system we all willingly subscribe to Do we subscribe to it willingly? I dare say there's been plenty of scenarios and places where the population would favour protectionism of some form but find their desire subverted by capital.
FirmwareBurner 1y ago
>the socio-economic system we all willingly subscribe to Willingly? I don't remember being asked if I want to be replaced by an imported offshore worker. Most workers don't want this version of capitalism, people want their politicians and businesses to prioritize the interests of local workers first. Hence why you see them voting for the most extreme and radical political candidates since the status quo have made it clear they see the locals as interchangeable cogs in the economic meat grinder.
marcusverus 1y ago
> This is neither 'right', not 'wrong' much less shameful First, CBA lied. They said the workers were "redundant" when they were actually being replaced with cheap offshore labor. They lied because their actions were shameful and they were rightfully ashamed. Second, capitalism is an economic system, not a moral code. If you discover that your rich neighbor's car dealership has a policy of hard selling expensive cars to vulnerable old ladies, would you think "welp, I can't hold that against him, because capitalism incentivizes maximalizing profits"? Obviously not.
phendrenad2 1y ago
You're right, and that's why hoping that companies will just willingly "do the right thing" will never work. Companies have (at least in the US) the same rights as biological humans. And we've observed corporations long enough to realize that if they were humans, they would be PSYCHOPATHS. Quick, how do you reign in a psychopath? With wishes, hope, or the strong arm of the law? It's option 3, of course. But we don't have a strong arm of the law, we barely even have law these days, and what little law we DO have has been co-opted by the corporations, and generally only wakes up when it's time to defend corporations against the "little guy". And THAT is why hoping that the government will just willingly "do the right thing" and reign in the psychopathic corps will never work, either. We need a groundswell of people who demand change pushing upward on the corrupt power structures. When enough people want it, it's what everyone talks about, and politicians can't sidestep the issue any longer, THEN change will occur.

komali2 1y ago

Yup. The only alternative is what countries are trying right now, protectionist controls on immigration and tariffs to prevent companies from manufacturing elsewhere, or laws that require attempting to locally hire before hiring on visa (hilariously easy to circumvent). But that's in opposition to capitalism, which many big fans of that mode of production will quickly remind us. No regulation! Pure capitalism! Can't have your cake and also eat it. This trend is one excellent example of the inherent, unsolvable issues with capitalism.

modo_mario 1y ago

>the socio-economic system we all willingly subscribe to Do we subscribe to it willingly? I dare say there's been plenty of scenarios and places where the population would favour protectionism of some form but find their desire subverted by capital.

FirmwareBurner 1y ago

>the socio-economic system we all willingly subscribe to Willingly? I don't remember being asked if I want to be replaced by an imported offshore worker. Most workers don't want this version of capitalism, people want their politicians and businesses to prioritize the interests of local workers first. Hence why you see them voting for the most extreme and radical political candidates since the status quo have made it clear they see the locals as interchangeable cogs in the economic meat grinder.

marcusverus 1y ago

> This is neither 'right', not 'wrong' much less shameful First, CBA lied. They said the workers were "redundant" when they were actually being replaced with cheap offshore labor. They lied because their actions were shameful and they were rightfully ashamed. Second, capitalism is an economic system, not a moral code. If you discover that your rich neighbor's car dealership has a policy of hard selling expensive cars to vulnerable old ladies, would you think "welp, I can't hold that against him, because capitalism incentivizes maximalizing profits"? Obviously not.

phendrenad2 1y ago

You're right, and that's why hoping that companies will just willingly "do the right thing" will never work. Companies have (at least in the US) the same rights as biological humans. And we've observed corporations long enough to realize that if they were humans, they would be PSYCHOPATHS. Quick, how do you reign in a psychopath? With wishes, hope, or the strong arm of the law? It's option 3, of course. But we don't have a strong arm of the law, we barely even have law these days, and what little law we DO have has been co-opted by the corporations, and generally only wakes up when it's time to defend corporations against the "little guy". And THAT is why hoping that the government will just willingly "do the right thing" and reign in the psychopathic corps will never work, either. We need a groundswell of people who demand change pushing upward on the corrupt power structures. When enough people want it, it's what everyone talks about, and politicians can't sidestep the issue any longer, THEN change will occur.