Home Capitalism efficient? We can do so much better
 

Keywords :   


Capitalism efficient? We can do so much better

2013-03-16 14:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: What's efficiency got to do with capitalism? The short answer is little or nothing. Economic and social collapses in Detroit, Cleveland and many other US cities did not happen because production was inefficient there. Efficiency problems did not cause the longer-term economic declines troubling the US and western Europe. Capitalist corporations decided to relocate production: first, away from such cities, and now, away from those regions. It has done so to serve the priorities of their major shareholders...

Tags: so much efficient capitalism

Category:Electronics and Electrical

Latest from this category

All news

»
25.11New2DS LL ×AC
25.11Playstation vita Wi-Fi
25.11 UGC
25.11
25.11Soomloom
25.11BMW Z4 M coupe 2009 PMA
25.11 DVD-BOX
25.11(mizuki) ()
More »