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Can Civilization Survive Capitalism?

#1 Mar 14 2013 at 4:35 PM Rating: Excellent
9,526 posts
Smasharoo wrote:

Oh look, a batshit insane example that makes no sense. Apple's profit per employee is around half a million. Why? Because they farm sh*t out to foxcon, not because they pay apple store employees $12 an hour, or whatever it is poors that work there make.

Given that Sam's club and Costco are direct competitors, your quibble makes no sense. They are in the same business - and while they may be targeting slightly different demographics, the point stands. If I was comparing walmart to apple, you'd have a point, but I am not.

Costco pays it's employee's approx 70 per cent more than walmart/Sams does, yet gets almost twice the profit from each one of them. That's significant. It shows that there is a huge, underrated benefit in paying employees more (at least until a certain point) - as it results in decreased turnover, increased productivity and less shrinkage

Edited, Mar 14th 2013 3:36pm by Olorinus
lolgaxe wrote:
When it comes to sitting around not doing anything for long periods of time, only being active for short windows, and marginal changes and sidegrades I'd say FFXI players were the perfect choice for politicians.

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