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

[Michael Perelman]

But the low wages abroad contribute to the "productivity" attributed to
Phil Knight.

On Sun, Nov 30, 2003 at 06:55:39PM -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.
> 
> Doug
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-- 
Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu