[lbo-talk] Roach: Productivity in the New Economy

[kelley at pulpculture.org]

At 06:55 PM 11/30/03 -0500, Doug Henwood wrote:
>michael wrote:
>
>>Suppose Nike pays some you girls $3 to make a pair of shoes and sells 
>>them for
>>$150,  what does that do to productivity?  Or course, if they hide proits for
>>tax purposes and pretend that the imported shoes were worth $125, then
>>outsourcing will not improve productivity.
>
>But there are also expensive inputs for distribution and marketing. Nike's 
>profits are not extraordinarily high.

what are "normal" profits-- what's the benchmark?

Kelley

don't get me started on expensive inputs aka marketingdroids. *shudder*