Wednesday, November 28, 2012

Big Companies


          Today in class we talked more about China and in general capitalism. We watched a video that talked about jobs and how the world relies on other people to make things. Not only that, but also how the United States is losing jobs to other people in different countries, because the people in those other countries will work for less and the companies can gain more money. In the video there were many examples of this happening including how a company moved its plant from Missouri to China and as a result over four-hundred workers were laid off. This also resulted in the fact that the Chinese workers were paid only up to ten percent of what the American workers were paid. This proved my point on how the companies were just greedy for money. There is change though in the price of items now that they can be made cheaper. Now we can all buy items that would normally be over one-hundred dollars for twenty.  

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