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Politics : View from the Center and Left
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To: Mary Cluney who wrote (125217)11/20/2009 12:19:55 PM
From: cosmicforce  Read Replies (1) of 543765
 
Whether there is $2 of labor or $12 only changes the price by $10 unless each function in the chain is simply doing a 30% markup. It is all the intermediate steps - labor wholesalers, branding, mall-infrastructure, shipping, distribution, trucking, etc. that makes these so expensive. Our system doesn't reward maximum employment with minimum resource expenditure - it rewards maximum profit for the branding company.

A custom clothing factory with direct sales could be making these at a profit, paying $24 per hour for labor to produce the $72 pair for jeans, assuming an assembly line could make 2 pairs per hour per person employed. That doesn't seem all that unreasonable. Our system doesn't reward that kind of entrepreneurship because Wal-mart would just go to the most depressed and desperate place in the world to get the price to $71 or $68 or $35, breaking the back of the local source. They don't care as long as they (Wal-mart) make money. They don't pay for the cost to the community of the loss of wages.
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