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Disney lays off workers, makes them train their foregin replacements

Diversity Disney Capitalism

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#41
BruceVC

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That's the thing Capitalism doesn't have to be like that, the doctrine of Capitalism doesn't say "  profit at all costs "


It doesn't? Then what does the doctrine of capitalism say?
 

There is an expected balancing act where you consider things like basic human rights. I live in a  country where we see this all the time, Capitalism works...it can really uplift people if they are prepared to work. But this type of thoughtlessness and greed needs to be condemned


It can also create large swaths of people enslaved by various debts who are required to spend most of their earnings paying off those debts. This is compounded in low-income areas, where payday loans keep people in a cycle of perpetual debt. A few people becoming millionaires because of a lucky investment doesn't negate that.

 

 

 

That's the thing Capitalism doesn't have to be like that, the doctrine of Capitalism doesn't say "  profit at all costs "


It doesn't? Then what does the doctrine of capitalism say?

 


AFAIK unless there's some newfangled definition, Capitalism only states that means of production, trade and industry aren't controlled (or aren't majority controlled) by the State, that generally private ownership and accumulation of capital are expected.  There is wage labor, competitive markets and negotiation of prices. There's actually nothing in that that inherently says anything about profit (or for that matter, treating people ethically).

 

 

Well there are various definitions but the most accurate one I use is similar to yours but adds something like "  and profit made is reinvested into the company to provide for growth"  so yes there is nothing in Capitalism to justify the appalling behavior at Disney

 

You see every company also has a code of conduct or manifesto that would say something like "   and we believe in a healthy, happy and fair work environment for our staff "  so quite simply Disney should have balanced this view with the impact of replacing staff like they did. And they should have come to the decision thats its immoral and a contradiction to what Disney stands for and or should stand  for 



#42
BruceVC

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Yeah I read "doctrine" as "definition" so I may have been ass-u-me-ing us all.

 

 

 

 

 

That's the thing Capitalism doesn't have to be like that, the doctrine of Capitalism doesn't say "  profit at all costs "


It doesn't? Then what does the doctrine of capitalism say?
AFAIK unless there's some newfangled definition, Capitalism only states that means of production, trade and industry aren't controlled (or aren't majority controlled) by the State, that generally private ownership and accumulation of capital are expected.  There is wage labor, competitive markets and negotiation of prices. There's actually nothing in that that inherently says anything about profit (or for that matter, treating people ethically).

Well he did say "doctrine of capitalism" so I assumed he was talking about something different than the definition. Granted I have a hard time understanding what Bruce is on about most of the time.

 

 

Yes I meant definition :)



#43
Ineth

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That's the thing Capitalism doesn't have to be like that, the doctrine of Capitalism doesn't say "  profit at all costs "


It doesn't? Then what does the doctrine of capitalism say?

 

"Pursue happiness in whatever way you wish, as long as your interaction with others (be it cooperation, trade, etc.) happens on a voluntary basis and respects everyone's civil and property rights."
 


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#44
JadedWolf

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[Citation needed]



#45
BruceVC

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[Citation needed]

 

Why would you need one, its more a view and perspective that people adopt which then would influence general corporate culture

 

The company I work for has similar morals and business principles 



#46
Meshugger

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"Touch my stuff and i will shoot you, and if I touch your stuff, just go ahead and shoot me. But you and me both like to own stuff, ain't that a bugger?"

 

Citation - me


Edited by Meshugger, 05 June 2015 - 07:33 AM.


#47
HoonDing

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I was going to make a Marvin the Martian joke, then I realized that one was Warner Bros.



#48
Hiro Protagonist

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I'm glad I'm in a job where it's legislated by the Government that I must be physically in the Commonwealth to do my job. With current Technology, I could do my job outside of Australia but I'm not allowed to. So I'm safe from being outsourced.


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#49
Oerwinde

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I saw in some documentary somewhere that corporations by law have to put profits before people. At least in the US.

Found a link that sort of explains what I'm talking about
http://www.commondre...s02/0119-04.htm

#50
kgambit

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I saw in some documentary somewhere that corporations by law have to put profits before people. At least in the US.

Found a link that sort of explains what I'm talking about
http://www.commondre...s02/0119-04.htm

 

Sorry but NO.  There is no such mandate in US corporate law. 

 

The author's reference to section 716 in section A of the Maine Corporate Law is false.  The entirety of Section A of the Maine Corporate Law statutes was repealed in 2001 and replaced by section C.  The clause the author refers to DOES NOT EXIST any longer (and in point of fact, it did not exist when he wrote that article). And there is no similar clause in section C.

 

Although the duties of the director's section in section C now reads as follows:

 

Title 13-C; §831. Standards of conduct for directors

6. Interests of other constituencies.  In discharging their duties, the directors and officers of the corporation may, in considering the best interests of the corporation and of its shareholders, consider the effects of any action upon employees, suppliers and customers of the corporation, communities in which offices or other establishments of the corporation are located and all other pertinent factors.

 

That's hardly a profits over people clause now is it? 

 

http://legislature.m...3-Ach7sec0.html

 

http://legislature.m...3-Bch0sec0.html

 

http://legislature.m...3-Cch0sec0.html

 

 

Now I'm not about to check all corporate statutes for all 50 states but I did check NC and there is no such clause that mandates "profits before people" in the North Carolina Corporate statues either. 

 

http://www.ncleg.net...Chapter_55.html

 

In fact, there is no requirement in the Maine or NC statutes that obligates corporations to pay dividends to share holders.  In NC, the statute says this:

 

§ 55-6-40.  Distributions to shareholders.

(a)        A board of directors may authorize and the corporation may  make distributions to its shareholders

 

There is no compulsory distribution required, and no legal requirement that "profits come first".

 

PS:  And just so there is no confusion, I don't agree with what Disney did at all.


Edited by kgambit, 07 June 2015 - 09:17 AM.


#51
ktchong

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I am familiar with H-1B visa.  Based on what I read in the article, Disney has blatantly abused H-1B visa and violated the terms for H-1B visa, (so are many American companies; a lot of Silicon Valley and tech companies actually abuse H-1B.)

 

Companies can hire people on H-1B only if they have been unable to find any American who has the suitable skills to do the jobs.   H-1B is NOT for companies to import cheap foreign workers to replace Americans so those companies can save labor costs.   H-1B is meant for "specialty occupations", which are difficult to find people with suitable skills to fill.   Companies that petitions for prospective H-1B employees must prove that they have tried, unsuccessfully, to find suitable Americans who can do the jobs.  That is the main stipulation of H-1B visa.

 

In addition, a company that petitions to hire a H-1B worker must show to the USCIS (formerly the INS)  that they will pay the foreign worker a wage level that is comparable or  equivalent to what an American worker with similar skills in similar job earns.  That means the company cannot use H-1B as a route to hire a cheaper foreign worker as the replacement for an American worker.  That is another basic stipulation of the H-1B visa.

 

I know H-1B. So I know Disney or the Indian outsourcing firm must have violated the terms of H-1B to bring in those foreign workers.  Disney or the Indian outsourcing firm must have lied on the petitions to bring in those people.  (I believe the Indian outsourcing company is one of those shady "body shops" - ask me if you want to know what that is.)  I am surprised that the USCIS has not intervened and pulled all those H-1B's.


Edited by ktchong, 07 June 2015 - 09:53 AM.

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#52
Walsingham

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Disney spends vast sums managing its image. You take your kids to Disney movies because they are Disney movies, not just talking teapot movies.

 

Getting angry about their treatment of employees isn't 'anti-capitalism'. It _is_ capitalism.

 

Let the gloss fall off the brand, let them know. They will fire the **** out of the manager who ordered this.


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#53
luzarius

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One american raised, educated worker is worth about two-three techies from India.  You get what you pay for.   

Before someone calls me racist.

 

One indian-american raised person is worth about two-three techies who were born and raised in India. You get what you pay for.

 

 

These decisions to replace local tech workers with cheap foreign labor tend to be reversed a couple years later when the "talent" turns out to lack the advertised skills and project managers start getting fired for missed deadlines.

 

It used to happen a lot in the early 2000's, nothing new here.

 

This exactly, I've seen it happen many times.

I'm not politically savvy, but I think you can report your dislike of H1B visa workers replacing hard working americans by telling your congressman.

 

http://www.house.gov...entatives/find/

Then enter your zip code, you may need to enter the+4 zip code extension as well.  The results are on the left hand side. Each rep has their own website with a means of contacting them and telling them your concerns.

 

The OP could also provide this information in his OP.


Edited by luzarius, 10 June 2015 - 06:41 AM.


#54
Walsingham

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Er... making a judgement based solely on race?

 

I don't NEED to call you racist.


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#55
Walsingham

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In any case, if you fellahs need theme park, we got theme park.

 

_83609217_027672106-1.jpg



#56
TrueNeutral

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A little off-topic, but British theme parks aren't exactly in the best place right now after what happened in Alton Towers recently.



#57
Zoraptor

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And one of the Queen's guards gave a little girl a smack in the chops when saluting too enthusiastically too. Having someone be mildly rude to you at EuroDisney for being un bifsteak or le yank pales in comparison to crashing a rollercoaster or being beaten up by a Beefeater/ Yeoman Guard/ Horse Guard/ Household Guard.



#58
Agiel

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Disney spends vast sums managing its image. You take your kids to Disney movies because they are Disney movies, not just talking teapot movies.

 

Getting angry about their treatment of employees isn't 'anti-capitalism'. It _is_ capitalism.

 

Let the gloss fall off the brand, let them know. They will fire the **** out of the manager who ordered this.

 

I was going to see Le Petit Prince instead of Inside Out anyways.



#59
ShadySands

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Is Inside Out the Herman's Head cartoon?
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#60
Bartimaeus

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"In Turnabout, Disney Cancels Tech Worker Layoffs"

 

http://www.nytimes.c...er-layoffs.html


Edited by Bartimaeus, 17 June 2015 - 02:06 AM.

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