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India fights itself....

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Me, again!

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Nov 22, 2009, 5:40:37 PM11/22/09
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WSJ, Friday, Nov 20, 2009

Front page, bottom:

title:"Deadly Labor Wars Hinder India's Rise"

Quotes:

3rd paragraph:

"Battle lines are being drawn in labor actions across India. Factory
managers, amid the global economic downturn, want to pare labor costs and
remove defiant workers. Unions are attempting to stop them, with slowdowns
and strikes that have led at times to bloodshed."

Where is Kamal Prasad's "economics 101" that says the executives own the
jobs?

first sentence of sixth paragraph:

"The unrest serves as a reminder that India has far to go before it stands
alongside the world's other economic powerhouses."

first sentence of seventh paragraph:

"But first, it [India] must show it can ride out booms and slowdowns
alike."

first sentence of eighth paragraph"

"Strikes at India's manufacturing and service companies rose 48% in 2008
from the year before, India's Ministry of Labor says."

Hey, Kamal Prasad, where is your "executives own the job" now?


Rest of the article: India has big problems.

Old Pif

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Nov 22, 2009, 8:39:44 PM11/22/09
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On Nov 22, 5:40 pm, "Me, again!" <arthu...@mv.com> wrote:
>
> WSJ, Friday, Nov 20, 2009
>
> Front page, bottom:
>
> title:"Deadly Labor Wars Hinder India's Rise"
>
> Quotes:
>
> 3rd paragraph:
>
> "Battle lines are being drawn in labor actions across India. Factory
> managers, amid the global economic downturn, want to pare labor costs and
> remove defiant workers. Unions are attempting to stop them, with slowdowns
> and strikes that have led at times to bloodshed."
>

It is disgusting. A dollar per day is too much?

kamal

unread,
Nov 23, 2009, 12:13:40 AM11/23/09
to
On Nov 23, 3:40 am, "Me, again!" <arthu...@mv.com> wrote:
> WSJ, Friday, Nov 20, 2009
>
> Front page, bottom:
>
> title:"Deadly Labor Wars Hinder India's Rise"
>
> Quotes:
>
> 3rd paragraph:
>
> "Battle lines are being drawn in labor actions across India. Factory
> managers, amid the global economic downturn, want to pare labor costs and
> remove defiant workers. Unions are attempting to stop them, with slowdowns
> and strikes that have led at times to bloodshed."
>
> Where is Kamal Prasad's "economics 101" that says the executives own the
> jobs?
>
I didn't say exevcutives own the jobs. I said the entity financing the
creation of jobs -own those jobs. Executives themselves are employees
accountable to the entity financing their jobs.

> first sentence of sixth paragraph:
>
> "The unrest serves as a reminder that India has far to go before it stands
> alongside the world's other economic powerhouses."
>
> first sentence of seventh paragraph:
>
> "But first, it [India] must show it can ride out booms and slowdowns
> alike."
>

so? The biggest employer of Indians is the farm sector. India must
show that it can ride out changes in climate/rainfall to be able to
stand alongside major economic powerhouses.


> first sentence of eighth paragraph"
>
> "Strikes at India's manufacturing and service companies rose 48% in 2008
> from the year before, India's Ministry of Labor says."
>

yep -unionization is legal in India.

> Hey, Kamal Prasad, where is your "executives own the job" now?
>
> Rest of the article: India has big problems.

yes -it does. But whats your problem if India has big problems?

regards
-kamal

Me, again!

unread,
Nov 23, 2009, 9:34:19 AM11/23/09
to

On Sun, 22 Nov 2009, kamal wrote:

> On Nov 23, 3:40 am, "Me, again!" <arthu...@mv.com> wrote:
>> WSJ, Friday, Nov 20, 2009
>>
>> Front page, bottom:
>>
>> title:"Deadly Labor Wars Hinder India's Rise"
>>
>> Quotes:
>>
>> 3rd paragraph:
>>
>> "Battle lines are being drawn in labor actions across India. Factory
>> managers, amid the global economic downturn, want to pare labor costs and
>> remove defiant workers. Unions are attempting to stop them, with slowdowns
>> and strikes that have led at times to bloodshed."
>>
>> Where is Kamal Prasad's "economics 101" that says the executives own the
>> jobs?
>>
> I didn't say exevcutives own the jobs. I said the entity financing the
> creation of jobs -own those jobs. Executives themselves are employees
> accountable to the entity financing their jobs.

Your theory seems to be unconnected with the reality in India.

>> first sentence of sixth paragraph:
>>
>> "The unrest serves as a reminder that India has far to go before it stands
>> alongside the world's other economic powerhouses."
>>
>> first sentence of seventh paragraph:
>>
>> "But first, it [India] must show it can ride out booms and slowdowns
>> alike."
>>
>
> so? The biggest employer of Indians is the farm sector. India must
> show that it can ride out changes in climate/rainfall to be able to
> stand alongside major economic powerhouses.

Looks from the news that India is having a lot of trouble with that.

>
>> first sentence of eighth paragraph"
>>
>> "Strikes at India's manufacturing and service companies rose 48% in 2008
>> from the year before, India's Ministry of Labor says."
>>
> yep -unionization is legal in India.

But that contradicts your "theory" that only management controls
everything.

>> Hey, Kamal Prasad, where is your "executives own the job" now?
>>
>> Rest of the article: India has big problems.
>
> yes -it does. But whats your problem if India has big problems?

Nah, its YOUR problem. It really is YOUR problem.

> regards
> -kamal
>
>

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