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nom=de=plume[_2_] nom=de=plume[_2_] is offline
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First recorded activity by BoatBanter: Apr 2010
Posts: 3,578
Default the rich get richer and the middle class poorer


"Colonel Kurtz" wrote in message
...

On 27-Sep-2010, "nom=de=plume" wrote:

Productivity = output compared to cost. Higher output at lower cost in
the
same environment = increased productivity. I have no idea what the
Toyota
driving Walmart crowd "thinks."


Which has nothing to do with less manpower. You can have greater
productivity with technical solutions, for example, or by understanding
standard time-study relationships... by working smarter, productivity
increases.


You said the same as I did, with 5% more detail. If you can sell 100,000
televisions in the U.S. at a cost of $48.00 each, then move production to
Mexico and produce them at $24.00 each, you've doubled yield, and
therefore
productivity. Automation has been the greatest boost to productivity
since
the late 70's.


Which has nothing to do with the increase in productivity that most
companies talk about. It's about efficiency is how a particular worker does
his/her job.