Tag Archives: Meritocratus

Private Equity: A Force for Good, or Evil?

Republican frontrunner Mitt Romney has been under a lot of pressure recently because of his private equity experience. Much of this negative media attention stems from certain assumptions about the nature of the private equity industry — assumptions that reflect … Continue reading

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Posted in Business, Finance and Economics, Investing, Politics | Tagged , , , , , , , , , , | 14 Comments

Capitalism, Unions, and Offshoring (Part VII): Lessons Learned

In the last six installments of this series, Egalitarius’ management encouraged its workers to unionize, and then instituted several aggressive cost-cutting measures to offset the cost of more expensive unionized labor. In another scenario, Egalitarius’ unionized workforce went on strike. In the last … Continue reading

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Posted in Business, Finance and Economics, Investing, Mathematics, Policy, Politics, Predictions, Taxes, Unions | Tagged , , , , , | 14 Comments

Capitalism, Unions, and Offshoring (Part VI): Recession

In the last installment of this series, Egalitarius’ management instituted several aggressive cost-cutting measures to offset the cost of more expensive unionized labor, and Meritocratus’ management moved its production facilities offshore. This scenario starts before Egalitarius’ strike begins. As both companies … Continue reading

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Posted in Business, Finance and Economics, Investing, Mathematics, Policy, Politics, Predictions, Taxes, Unions | Tagged , , , , , | 12 Comments

Capitalism, Unions, and Offshoring (Part V): Offshoring

In the last four installments of this series, the Widget Worker’s Union (WWU) brought Egalitarius to its knees with a strike that ultimately forced the company to declare bankruptcy. Before the WWU strike, Egalitarius’ management instituted several aggressive cost-cutting measures to offset the … Continue reading

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Posted in Business, Finance and Economics, Investing, Mathematics, Policy, Politics, Predictions, Taxes, Unions | Tagged , , , , , | 6 Comments

Capitalism, Unions, and Offshoring (Part IV): Strike!

After Egalitarius’ management launched its cost-cutting program in response to worker unionization, the Widget Workers’s Union (WWU) called for a strike. The union contended that Egalitarius’ cuts constituted unfair retaliation against the workforce’s unionization. It is also complained that the inferior materials Egalitarius now used were hazardous to the … Continue reading

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Posted in Business, Finance and Economics, Investing, Mathematics, Policy, Politics, Predictions, Taxes, Unions | Tagged , , , , , | 3 Comments

Capitalism, Unions, and Offshoring (Part III): Cost-Cutting

After encouraging its workforce to unionize, Egalitarius’ management saw a precipitous decline of 80% in its share price. With an eye on saving the company and the executive team’s jobs, Egalitarius’ management implemented aggressive cost-cutting measures.

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Posted in Business, Finance and Economics, Investing, Mathematics, Policy, Politics, Predictions, Taxes, Unions | Tagged , , , , | 6 Comments

Capitalism, Unions, and Offshoring (Part II): Workers of the World, Unite!

In the first installment of this series, we introduced two widget producers called Egalitarius and Meritocratus. Egalitarius’ management encourages its workers to unionize, because it wants to ensure that the company treats them fairly. With high ambitions to rectify Egalitarius’ “unfair” labor practices, the Widget Worker’s … Continue reading

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Posted in Business, Finance and Economics, Investing, Mathematics, Policy, Politics, Predictions, Taxes, Unions | Tagged , , , , | 4 Comments

Capitalism, Unions, and Offshoring (Part I): A Tale of Two Firms

Once upon a time, there were two firms, Meritocratus and Egalitarius. Both firms operated in the $10 billion widget industry, and each had 50% market share. Widgets were not a commodity. Purchasers were sometimes willing to pay a premium for a … Continue reading

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Posted in Business, Finance and Economics, Investing, Mathematics, Policy, Politics, Predictions, Taxes, Unions | Tagged , , , , | 3 Comments