Corporate feudalism

Australian Federal, State and Local Politics
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boxy
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Corporate feudalism

Post by boxy » Sat Oct 01, 2011 8:58 am

What does the term mean to you?

To me... it's a one way street, where slowly, but surely, every profitable enterprise is bought up by competing capital entities, leading eventually to a situation where individuals will be only be able to sell their labours to survive.
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Plough
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Re: Corporate feudalism

Post by Plough » Sat Oct 01, 2011 10:50 am

You are probably not far from the truth. It will mean those labours become less valuable as there are more about. An over abundance of supply
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freediver
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Re: Corporate feudalism

Post by freediver » Sat Oct 01, 2011 11:02 am

Enterprises often become less profitable when bought by 'capital entities'. They don't pay enough attention. It's the difference between owning shares and running a business.
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IQS.RLOW
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Re: Corporate feudalism

Post by IQS.RLOW » Sat Oct 01, 2011 12:06 pm

freediver wrote:Enterprises often become less profitable when bought by 'capital entities'. They don't pay enough attention. It's the difference between owning shares and running a business.
More often they don't.

Did you even finish your Tafe book keeping course?
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