HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » General Discussion (Forum) » Steve Jobs colluded with ... » Reply #18
Introducing Discussionist: A new forum by the creators of DU

Reply #18


Response to brentspeak (Original post)

Sun Jan 29, 2012, 05:02 PM

18. This is an example of a broader problem associated with semi-monopolies.

This month's Harper's magazine discusses the collusion problem in Silicon Valley and describes other situations around the country.

By not enforcing the Sherman anti-trust act, these large corporations have finally reached a point where they can collude to keep wages low. This is in contrast to the 90s when engineers would often switch jobs in Silicon Valley (SV) to get higher wages. The collusion, according to Harpers has meant that SV corporations aren't hiring engineers that worked for other firms. Even though these engineers could bring valuable expertise to their firms, they're standing firm on this collusion.

Harper's describes a massive factory (owned by a huge Brazillian company) in the eastern U.S. that sells under the Pilgrim's pride brand. That company has set up a "standard" for the chickens they purchase from area farmers. However, they refuse to be transparent about what the standard actually entails. In essence, they set the price they pay at different rates for different farmers. They tell the farmers not to tell any of the other farmers what they were paid. They are removing the vaunted "transparency" of the market.

Harpers website (Harpers.org ?) has a small blurb on this but if you can, check out the actual magazine.

Reply to this post

Back to OP Alert abuse Link to post in-thread

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 71 replies Author Time Post
brentspeak Jan 2012 OP
Tansy_Gold Jan 2012 #1
tridim Jan 2012 #2
undeterred Jan 2012 #3
BlueCaliDem Jan 2012 #4
julian09 Jan 2012 #5
we can do it Jan 2012 #8
ProdigalJunkMail Jan 2012 #15
emulatorloo Jan 2012 #23
we can do it Jan 2012 #37
WCGreen Jan 2012 #48
emulatorloo Jan 2012 #66
Shankapotomus Jan 2012 #54
we can do it Jan 2012 #35
Dorian Gray Jan 2012 #59
laundry_queen Jan 2012 #19
emulatorloo Jan 2012 #29
shanti Jan 2012 #44
laundry_queen Jan 2012 #50
emulatorloo Jan 2012 #68
laundry_queen Jan 2012 #51
juajen Jan 2012 #52
we can do it Jan 2012 #69
emulatorloo Jan 2012 #28
brentspeak Jan 2012 #32
2ndAmForComputers Jan 2012 #38
BlueCaliDem Jan 2012 #53
shanti Jan 2012 #45
Initech Jan 2012 #6
Neue Regel Jan 2012 #7
Initech Jan 2012 #10
tridim Jan 2012 #20
Initech Jan 2012 #24
tridim Jan 2012 #27
Logical Jan 2012 #34
ecstatic Jan 2012 #64
we can do it Jan 2012 #39
newblewtoo Jan 2012 #22
Initech Jan 2012 #25
HughBeaumont Jan 2012 #56
Starry Messenger Jan 2012 #58
leftyohiolib Jan 2012 #9
Odin2005 Jan 2012 #11
Initech Jan 2012 #14
bluestate10 Jan 2012 #40
Initech Jan 2012 #43
hyphenate Jan 2012 #12
emulatorloo Jan 2012 #31
bluestate10 Jan 2012 #41
emulatorloo Jan 2012 #46
Logical Jan 2012 #36
LuvLoogie Jan 2012 #13
Ruby the Liberal Jan 2012 #16
LuvLoogie Jan 2012 #21
bluestate10 Jan 2012 #42
LuvLoogie Jan 2012 #71
emulatorloo Jan 2012 #26
brentspeak Jan 2012 #33
LuvLoogie Jan 2012 #49
HughBeaumont Jan 2012 #57
LuvLoogie Jan 2012 #70
bhikkhu Jan 2012 #17
LineReply This is an example of a broader problem associated with semi-monopolies.
Democrats_win Jan 2012 #18
emulatorloo Jan 2012 #30
progressoid Jan 2012 #47
Shankapotomus Jan 2012 #55
Romulox Jan 2012 #62
Shankapotomus Jan 2012 #67
Whisp Jan 2012 #60
GeorgeGist Jan 2012 #61
Romulox Jan 2012 #63
emulatorloo Jan 2012 #65
Please login to view edit histories.