Friday, October 25, 2013

Leaving People Out; Corporate Greed

THE APPLE COMPUTER COMPANY has a little problem we'd all like to have. The corporation has about a hundred and fifty billion dollars of extra cash, and has no idea, or can't deicde what to do with it. What a problem to have, huh? The debate rages within and without the company on what to do; but it is generally agreed by economists and corporate analysts that sitting on the money, doing nothing with it, is the worst possible course of action. Seem like a good idea to me, but evidently, at the corporate level, of all the thing you can do with money, doing nothing yields the least returns, and I suppose that makes sense. So the debate rages. There are two schools of thought, as there always seems to be in big arguments. Why are there never three oprtions in anything? Is it the inherent duality of the human mind? Option one is to invest the money in developing new products, like a fancy new line of hand held electronic devices, or something. Either that, or buy up some small tech companies, and integrate them into Apple; corporate aquisition, expansion, and growth. The other school of thought says to distribute the money among the shareholders. Surprsingly, no one is seriously suggesting that the billions should be pocketed by the CEO and members of the Board of Directors and their hired lawyers, but there is still time for that to happen. What strikes you as strange is that no one, absolutely not a single soul seems to be suggesting that the money be spent in pay raises for the lowest level Apple employees, the workers, the janitors, the secretaries, the cafeteria personel, the factory workers, low level programmers and graphic artists, and so forth. Articles and discussions about this are all over the media, print media, National Public Radio, and the internet. Every one is chiming in on what to do with the money. Nobody is standing up for thelittle people, as usual. Opinion seems split between option one and option two, and will probably end up causing the money to be split half and half in each option. True, some, even many of the shareholders are probably "little people", school teachers with 401K's. However, anytime money is given to shareholders before it is given to the lowest level workers, in general, the rich get richer, and the poor stay poorer. So works the American system. Such is our need for revolution. For what its worth, I think all hundred and fifty billion should be divied up between the janitors, the cafeteria workers, the lawn care landscaping people, and the drivers of executive limosines, and maybe, just maybe, any shareholder with an income under fifty thousand a year and total assets less than, say, a hundred grand. If I'm leaving onybody out, its unintentional.

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