Tag: economy

The Period When Human Begins Developed a Throw Away Cultural Mindset

Leave a comment

Human beings have arguably been a throw away culture, or at the very least mindset and culture, since 1892 when bottle caps were first introduced. The trend has become more and more prevalent to the point where we now replace an entire transmission rather than a gasket. This shift reflects the rise of planned obsolescence, in which products are intentionally designed to have limited lifespans and/or be extremely difficult or expensive to repair. As manufacturing has become cheaper and mass production more efficient, the economic incentive to discard and replace overtook the values of maintenance and longevity. In all industries (eg. electronics, automotive, fashion etc.), repair has been sidelined in favor of convenience and profit. The result is a global surge in waste, with millions of tons of usable materials ending up in landfills each year. Fortunately, there is an expanding movement advocating for the right to repair one’s own possessions which is now acting as a counterbalance to this disposable mindset

The Annual War Campaign of the Assyrian Civilization

Leave a comment

The Assyrians were masters of war, as war underpinned their society, economy, and civilization. The Assyrians would collectively gather each year to attack and plunder any neighboring states unlucky enough to be within striking distance. This tradition was viewed by the Assyrians as a time of harvest, with vegetables being replaced with the plunders and spoils of war. The Assyrians are known to have impaled their enemies, amputate their enemies, burn their enemies alive, flay their enemies alive, disfigure enemies, engage in mass blinding of vision, as well as mass deportation

The Reason Why Corporations Continue to Outsource Jobs

Leave a comment

Corporations in the west started to dismantle labor unions in the late 1970’s and were successful in their pursuit as the economy at this time was starting to become globalized which allowed companies to threaten to migrate production overseas when workers threatened to strike or refuse their working conditions. This tactic forced labor unions to dissolve as refusal could and most likely would result in complete job loss for every member of the group. The administration of President Ronald Regan ushered in deregulation alongside multiple income tax cuts for corporations and wealthy individuals, and as a direct result of these policies, corporate shareholders began to exercise more and more influence over the way these companies conducted business. Feeling the pressure and scrutiny of Wall Street, businesses began to view labor as expendable and as an expense which needed to be offloaded from balance sheets, leading to many jobs being outsourced within a relatively short period of time, to more impoverished nations which had weaker labor laws but most importantly to the participating corporations, these states also had and continue to have much lower minimum wages which is the primary driving factor as to why outsourcing continues to occur in virtually all industrialized countries

The Exportation of Skilled Labor From the Philippines 

Leave a comment

Filipinos account for 40% of the seafaring workforce as they are very cost effective to employ and speak English exceedingly well making them incredibly popular with shipping companies. At sea, Filipino workers have the opportunity to work 5x – 6x more than they would on land. Every hour, 950 Filipinos leave the Philippines to work abroad. The exportation of people is the most important and profitable industry in the Philippines. Those who embark on contracts to work abroad pay 33% of their salary to the Filipino government pouring $10,000,000,000 ($10 billion) each year into the countries economy