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Question: Is now a good time to buy a FedEx Ground Route?
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<blockquote data-quote="Ricochet1a" data-source="post: 581970" data-attributes="member: 22880"><p>I think the difference in definitions here is whether we use a "normative" definiton, or a comparitive definition. In a free market, the market decides norms. We're not trying to alter the free market definition. We are trying to change the situation in FedEx based upon comparitive analysis with UPS. As long as drivers accept $13/hr to work for Ground, the free market has decided what is acceptable. We want to set the bar higher and compare compensation to UPS levels and deal from there. </p><p> </p><p>Here's our angle. The free market isn't always best for those participating within it. What costs $10/hr to perform in the US costs a fraction of that to perform in the PRC. Free market at work. But does that mean that US workers should be willing to accept that same level of compensation that is provided in China? Should our markets be open to goods that are produced by labor performing under conditions that don't meet US standards? Access to markets isn't just a "low price take all" situation. We have values we want to ensure are maintained by those we trade with. </p><p> </p><p>When a situation exists where labor is being performed and there are widely varying compensation levels depending on which corporation is employing that labor, a free market imbalance exists. Some where in that mix, compensation isn't where the market dictates where it should be. I know many would say that unions are artificially inflating the market equilibrum price point for labor. There is truth to that argument. But the fact remains that the corporation which hires that labor consistently makes a profit. </p><p> </p><p>Free markets are a theoritical construct. Managed markets are the reality. We want to "manage" our labor rate with our employer.</p></blockquote><p></p>
[QUOTE="Ricochet1a, post: 581970, member: 22880"] I think the difference in definitions here is whether we use a "normative" definiton, or a comparitive definition. In a free market, the market decides norms. We're not trying to alter the free market definition. We are trying to change the situation in FedEx based upon comparitive analysis with UPS. As long as drivers accept $13/hr to work for Ground, the free market has decided what is acceptable. We want to set the bar higher and compare compensation to UPS levels and deal from there. Here's our angle. The free market isn't always best for those participating within it. What costs $10/hr to perform in the US costs a fraction of that to perform in the PRC. Free market at work. But does that mean that US workers should be willing to accept that same level of compensation that is provided in China? Should our markets be open to goods that are produced by labor performing under conditions that don't meet US standards? Access to markets isn't just a "low price take all" situation. We have values we want to ensure are maintained by those we trade with. When a situation exists where labor is being performed and there are widely varying compensation levels depending on which corporation is employing that labor, a free market imbalance exists. Some where in that mix, compensation isn't where the market dictates where it should be. I know many would say that unions are artificially inflating the market equilibrum price point for labor. There is truth to that argument. But the fact remains that the corporation which hires that labor consistently makes a profit. Free markets are a theoritical construct. Managed markets are the reality. We want to "manage" our labor rate with our employer. [/QUOTE]
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Question: Is now a good time to buy a FedEx Ground Route?
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