Re:U.S. jobless rate hints at permanent structural change
by known on Sunday September 05, 2010 @08:40AM
(#1664416)
I've a somewhat radical solution to US unemployment problem. Breakup all mega corps for e.g. http://en.wikipedia.org/wiki/Bell_System_Divestiture
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Re:U.S. jobless rate hints at permanent structural change
by asmithmd1 on Sunday September 05, 2010 @08:57AM
(#1664437)
That would increase efficiency in those corporations and INCREASE unemployment.
When I have worked for "mega corps" I saw more people getting paid to much to do nothing.
Re:U.S. jobless rate hints at permanent structural change
by nanairo on Sunday September 05, 2010 @10:49AM
(#1664598)
What? So now mega-corporations are less efficient than small companies and hence we have to keep them?
You break up the big corporations and with many suppliers suddenly they need to fight it off in the free market. It will lower prices and despite the efficiency going down (because you have no economy of scale).
You may get a lot of people losing their job at first as the economy resettles which is why it's probably not the best time to do it. But generally I think it would be a good thing.