Capitalism will save this world

petros

The Central Scrutinizer
Nov 21, 2008
117,174
14,240
113
Low Earth Orbit
When a Corp invests in training someone they have created human capital that becomes equity for them and the person.
 

Angstrom

Hall of Fame Member
May 8, 2011
10,659
0
36
And money. Just think how many hundreds if thousands of people who gained trades and skills from working the oils and alone. How many took them home back east thus raising the human capital of the Maritimes?

I don't think human capital is as valuable as you seem to think.

They just want someone smart enough to pick up the telephone.

Not someone smart and knowledgeable who can become their competition.
 

petros

The Central Scrutinizer
Nov 21, 2008
117,174
14,240
113
Low Earth Orbit
A welder trained to journeyman by a Corp is not bound or obligated to stay with that Corp. The skills are for life and portable and owed solely by that trained welder not the Corporation.

That person can walk into a bank for a loan on that human capital and start a welding business. An untrained worker cant.
 

HarperCons

Council Member
Oct 18, 2015
1,865
74
48
Human Capital.



OH dear....

95% of Scientists are employed by Capitalists creating 99% of vital discoveries many of which they don't make a dime on that change life for the better for 100s of millions of people.

Any idea how much Merck charges for HIV meds for Africans? $0.00.

OH THOSE NASTY BIG PHARMA PIGS....
oh **** he's going to defend big Pharma now
 

Cliffy

Standing Member
Nov 19, 2008
44,850
193
63
Nakusp, BC
 

mentalfloss

Prickly Curmudgeon Smiter
Jun 28, 2010
39,817
471
83
I assume the reward you mean is profit, which you've said before. The problem is that if something were more profitable than innovation, capitalism would reward that instead. If a way to help the environment wouldn't turn a good enough profit, capitalism wouldn't motivated it. The most profitable corporations don't innovate, they expand vertically and laterally.

Bingo.

Which is why we need regulatory measures that price carbon, for instance, and use that revenue to deliberately move industries in a direction that accounts for climate change.
 

Cliffy

Standing Member
Nov 19, 2008
44,850
193
63
Nakusp, BC
BC already does it with their carbon tax.

Also, one of the side benefits of regulation is that it provides certainty to the market, which is something businesses like.
BC is pushing carbon industries like LNG, coastal super tankers and tar sands pipelines. Crispy Clark is a hypocrite and a menace to society and the environment.
 

petros

The Central Scrutinizer
Nov 21, 2008
117,174
14,240
113
Low Earth Orbit
Bingo.

Which is why we need regulatory measures that price carbon, for instance, and use that revenue to deliberately move industries in a direction that accounts for climate change.

OH? Like using carbon tax to fund transit expansion and upgrades to NG buses and LRT projects?

That kinda thing?
 

petros

The Central Scrutinizer
Nov 21, 2008
117,174
14,240
113
Low Earth Orbit

mentalfloss

Prickly Curmudgeon Smiter
Jun 28, 2010
39,817
471
83
Yes, they have reduced their emissions.

They already made their first emissions target in 2012.