Corporations in 3rd world countries pay on average 500-800% of the income people are making there. These companies build factories there because they can pay less for labor than they would in America, meaning they in turn can charge lower prices, and sell more. By the same token, the workers who work in them don't do so to help the company, but because it's 5-8 times the money they would make at the next best alternative.

Voluntarily entered agreement to mutual benefit...the alternative is to take the Susan Sarandon approach (that is, legislate the jobs there out of existence..."better they starve"). The entire reason a company would go halfway across the world is because it's cheaper...using government Force to Coerce people into paying American wages will not mean the people there will be making more money...the companies simply won't build plants there (how could they afford to pay more for wages and for shipping? and why would any person do that?)

Bottom line, companies do not exist to provide jobs and wages. Wal-Mart does not sell bread to me for $X because I want it for that price...they offer it because the $X is more valuable to them than the bread. By the same token, I don't exist to provide income to Wal-Mart. I don't shop at Wal-Mart because it needs my money...I buy the bread because I value the bread more than my $X. But at the end of the day, each of us can only OFFER the other our property...neither can coerce the other; we each have the power to refuse the deal and walk away.

The situation is no different in India. A company can show up and build a factory, open the doors, and OFFER to pay people X. If X is worth more than their labor (which it surely will be if it's 5-8 times more than they're making now), they may choose to accept the deal. Just as the company has no right to Force people to work for them (or to order them to work under certain conditions), the individuals have no right to Force the company to hire them or employ them under certain conditions.

(As a side note, whenever a company opens a new factory over there, people typically beat down the doors to get such "low paying" jobs...they offer bribes to the employers, offer to pay their first month's salary in return for securing a job for a family member, etc. What we consider low paying here is actually an opportunity few of them would ever see, as it is more than any other place there pays them.)
The fact that even the "poor" in America on average own clothes, radios, TVs, at least 1 CAR, phones, air conditioning, a dishwasher, and a multitude of other conveniences that the "better off" in other countries can only dream of owning is the result of (semi) Free, unCoerced interaction with one another...and corporations are an incredibly efficient way for entrepreneurs to team together and invest capital to create more products, wealth, and job opportunities than anything else in all of history. if you want to learn about Freedom and Individual Rights (which go hand in hand)
BobbyT가 작성 2004년 04월 22일 (목)
Top Definition
Something that doesn't really need to be greedy, but in reality, is.

CEOs in America make thousands of times more than their employees. In Britain, they only make about six times as much.

See that CD you just bought for $15? It cost about 1 cent to make it. How much does the artist get? About 50 cents or less per CD. How much goes into the laborers that made the CD? Well, seeing that it was either made by machines or minimum-wage workers (to assemble the case), the electricity/labor cost per CD is probably 5-10 cents. Let's round up and say it's a dollar total. So where's the rest go? Into the corporation.

The Rock Against Bush CD cost $7 (if you buy it directly from the producer). That's less than half the price of a typical CD. That shows that it is possible to have cheap CDs.

An ideal corporation always puts its employees before its executive office and always puts its consumers before its profit. But of course, none of this happens. We see people get laid off so that the exectuive's stock can go up a half of a point. We see goods that cost a dollar to make being sold for twenty. We see them exploiting the children of third-world countries.

Don't give me crap about how they want the job. It's exploiting, regardless of whether they want it or not. Since when do Americans deserve more rights than Africans or Chinese?

Oh, and corporations basically have the government and media in its pocket. Corporations buy the presidency through donations. Enron donated $114,752 to the Republicans and $102,050 to the Democrats. Then, when they're elected, the do whatever the corporation wants. Oh, and they control the media too. Microsoft controls NBC, Fox controls Fox news, etc. Liberal media my ass. It's not a liberal media, it's not a conservative media. It's a profiteer media. Meaning, anything that will get them a profit, they will report.
Damn, I hate those money-mongering corporations. It's a pity no one can do jack shit about them though.
DrIdiot가 작성 2004년 06월 28일 (월)
An entity that remains free to continue to do as it damn well pleases after being convicted of criminal activity that would have been a capital offense if an individual had committed it.
Corporations have more rights than people do.
Downstrike가 작성 2004년 06월 05일 (토)
the real controllers of the world. and no its not just America.
Money controls everything. take control of a countries economy, u practically are the king.
the top 3 corporations in the world: Exxon/Mobile General Motors Ford, individually make more revenue then all but 6 countries in the world.
Dong Woo가 작성 2004년 11월 12일 (금)
Entity that can, and usually does, abuse its employees, investors, and customers. Led by individuals called executives, who care only about playing golf, porking each other's trophy wives, and lining their own pockets.
Many elections have been rigged by powerful corporations.
Anonymous가 작성 2003년 10월 06일 (월)
A collection of people who hate each other, working themselves to death to make someone else rich.
"He's had three heart attacks in the last six months, hasn't seen his kids and a year and will gladly tell you the sky is beet red if his boss says so. He's a real asset to the corporation."
Salieri82가 작성 2009년 07월 22일 (수)
A fascist regime that is permitted to exist within a democratic society.
It was the corporation that introduced fascism in Europe before WW2.
Democracy is Dead가 작성 2010년 04월 14일 (수)
Total ownage of all there is including your mind and your life.

All your base are belong to us.

And there is nothing you or anyone else can do.
NWO - New World Order.
Light.가 작성 2005년 04월 26일 (화)
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