Contract Work Stinks!
- Category: Economic Conditions
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One of the biggest items in an Austro-Libertarian system is that relationships between people are dictated by their mutual agreements or contracts (see Contracts Are The Key To Coexistence). But the inevitable conclusion is that any business or corporation will also act in the same manner. From a business perspective why should they be forced to have permanent staff if they can just have them on contract? Sure, some staff…
Brazil, Yet Another Worker's Paradise
- Category: Communism
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Brazil is known for their vastness, the Amazon forest, its beaches, fantastic gentlemen (and ladies), its carnival and lately because of its feats in the marketplace. After all, the B in BRICS stands for Brazil, right? So, if they are hitting a little bit of economic turbulence, what's the worst that can happen, right?
INTRO
Brazil switched from conservative governments to formally communist ones in 2002 with the advent of President…
Worker's Exploitation, Power Relationships And Risk - Part 4 of 4
- Category: Entrepreneurship
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RISK
Yet another aspect that we need to explore is risk. This factor has very little -if any- impact on power relationships but it is important because it helps us understand why it is inherently fair that BVA's with larger capital investments make large profits.
When entering into a negotiation, typically either side does not care much about risk. Granted, there are certain exceptions but for the vast majority of the…
Worker's Exploitation, Power Relationships And Risk - Part 3 of 4
- Category: Entrepreneurship
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THE SO-CALLED EXPLOITATION OF THE WORKER
Given those four critical factors determining the power relationship between employees and employers we have 36 possible scenarios. In each one of those scenarios, the power relationship in a negotiation can be calculated by adding the total weights of the four factors for each BVA involved in the negotiation. For prospective cases (i.e. new hirings), we can use the same calculation because employers are…
Worker's Exploitation, Power Relationships And Risk - Part 2 of 4
- Category: Entrepreneurship
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POWER RELATIONSHIPS
The idea that "workers" are being exploited by "owners" is based on the notion that workers always have less negotiation power than owners and this seems to be somehow unfair. The power imbalance in negotiations is true albeit it can benefit either party. But such imbalance is never "unfair". In order to understand why this is so, we need to understand the basis for this "power balance/unbalance".
The…
Worker's Exploitation, Power Relationships And Risk - Part 1 of 4
- Category: Entrepreneurship
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Today we are going to take a critical look at the tumultuous relationship between workers and business owners. This relationship is of critical importance because most of us are workers (we work for a living) and few of us are business owners (we have a business from which we make a living). Thus, chances are, we are in one group or the other and are thus affected by the dynamics…
Licensing & Certification Nonsense - Indian Example - Part 2 of 2
- Category: Bureaucracy
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LET'S HIRE MORE OF THEM
Indian regions that began hiring un-qualified teachers did the right thing without any doubt. They had to live in the real world and make do with what they had. Their choice was to follow the (dead and stinky) letter of the law or provide teachers for students. Even a half brain-dead slug knows the answer to this one. Yet, somehow, university professors and government apparatchiks…
Licensing & Certification Nonsense - Indian Example - Part 1 of 2
- Category: Bureaucracy
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A few days back the newspaper the Times of Indiaposted the article "1 in 5 primary teachers unqualified". In it they present impressive statistics as to the horrible disaster that India faces due to lack of qualified primary teachers. The title already spoke of the low average Indian Teacher qualification level (80%) but the article itself present us with statistics from other regions, the worse one being Arunachal Prades with…
Communism Vs Capitalism - Core Beliefs
- Category: Communism
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We want to explain why we keep hammering on communism and socialism. It's simple. They are alive and well. Of course, we don't have hard-core communism as we had in the USSR, but what we now have is hard-core socialism… trending towards soft-communism. If you don't believe us, just look at our Socialism Indices.
It is for this very reason that we strive to point out the differences between capitalism…
