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Old February 12th 14, 02:25 AM posted to sci.engr.color,sci.image.processing,rec.photo.darkroom,rec.photo.digital,comp.soft-sys.matlab
Dale[_4_]
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Posts: 131
Default summary of Kodak downfall

On 02/11/2014 09:06 PM, Dale wrote:
On 02/10/2014 07:17 PM, Dale wrote:
Kodak failed to leverage a giant imaging media market into emerging
hardware and software markets and new media markets



what if you applied the laws of supply and demand to labor?

the work less people want gets paid more

the work people want more gets paid less

no harm done to meritocracy, more meritocracy since the demand of labor
is satisfied better resulting in a more plausible production model, and
more labor and wages giving demand for products and service

for instance, a coal miner gets paid more than a schmoozer

not applying laws of supply and demand to labor violates capitalism

we do not have capitalism, we have only prestige, its like saying your
title is more important than your pay, its like saying titles are more
important than capitalism


we had production on earth before

look at the pyramids all over the place, and other structures, etc.

where did that production go?

you can question how the production occurred, but can you really
question whether it occurred

did the bottom fall out before?

if you fail to learn from history you may repeat the failures of history

--
Dale