Crude Capitalism

Written By Michael Reign on Friday, February 22, 2013 | 7:27 PM

A socio-economic derivative governed by the precept of societal stratification, whereby the capitalist mantra is systematically expunged from the preexistent dynamic and reincarnated as a deviant strain of its aforementioned counterpart. Crude capitalistic endeavors are synonymous with cost reduction, an approach yielding the displacement of prospective employees via the perceived obsolescence of the industry in question. Philosophical contentions based solely on the precepts governing its propagation place little to no inherent value on technological innovation originating within a nation’s principal border, as the perceptibility of a system’s sustainability oftentimes coincides with the strategy of cost reduction recognized as the determining factor. The concept of cost reduction hinges mainly on the application and eventual integration of three distinctive philosophies: in-sourcing (The process by which cheap labor, often in the form of illegal/ undocumented workers entering the national periphery are exploited by the corporatist oligarchy as a means to generate a marked increase in said industry’s profit margin - thereby facilitating the elimination of viable employment opportunities to the citizenry), out-sourcing (The process by which opportunities for employment are systematically eliminated from the preexistent labor pool through the establishment of industrial centers in regions of the world where the dissemination of a prescribed rate of pay is deemed as an unnecessary contingency - thus the generation of a massive globalized slave labor apparatus), and off-shoring (Exists as the formal actualization of policy contingent on the aforementioned philosophies governing the in-sourcing and out-sourcing of the viable employment prospectus whereby entire industries are relocated to various economic centers throughout the globe, especially those deemed by the Elitist consortiums within the corporatist hierarchy as ‘Third World’ principalities).

LAYMAN’S SYNOPSIS - by Michael Reign - The realization of crude capitalism hinges on the integration of three distinct philosophies: in-sourcing (Recognized as an influx of cheap/ expendable labor from developing nations that invariably contributes to the loss of viable employment opportunities on a domestic level), out-sourcing (Occurs as a result of policies favoring a leniency in the distribution of wage compensation in the form of an hourly allotment as opposed to a lump sum of money generated at the discretion of said industry), and off-shoring (Industrial relocation to regions of the world where wages deemed to be below the statistical threshold governing the ‘livable’ designation are recognized as being perfectly legal). Crude capitalism is a socio-economic dynamic dependent on the philosophy of cost reduction, and as mentioned in the previous paragraph in-sourcing, out-sourcing, and off-shoring are the three principal vehicles of corporate malfeasance - meaning that through the application of such strategies corporations can effectively generate massive revenue at the expense of those deemed to be unproductive liabilities to such practices (the American worker, who in contrast to those working in other nations, earns comparatively more).
Share this article :


Speak your mind and let your voice be heard.

This is a censorship free discussion area.

Support: Creating Website | Johny Template | Mas Template
Ωmnibus ™ and © Michael Reign. All Rights Reserved.
Template Created by Creating Website Published by Mas Template
Site modifications and enhancements by Michael Reign c/o Legerdemain Technologies