Dec 24 Watch Toyota’s Losses Reflect Troubles Across the Global Economy With car sales plummeting, giant automaker Toyota Motor Corp., posted its first operating loss in 71 years. Economic analysts examine what impact the company's massive losses will have on the global economy. Continue watching
Dec 17 OPEC Agrees to Record Output Cut to Combat Falling Oil Prices By Admin, PBS News Hour Oil prices fell to their lowest level in four years Wednesday, despite news that the Organization of the Petroleum Exporting Countries agreed to a larger-than-expected oil production cut of 2.2 million barrels per day. Continue reading
Mar 04 Do you think that overproduction or declining profit rates have contributed to the present subprime loan crisis? Question/Comment: Karl Marx, in his work “Capital,” alluded to the idea that overproduction contributed to a general historical tendency of capitalism to be undermined by declining returns on capital. Do you think that overproduction or declining profit rates have contributed… Continue reading
Dec 05 Has the “short supply chain” movement has caught on? Question/Comment: I was wondering if the "short supply chain" movement is also a movement into lean production techniques. I know that several companies (e.g., Toyota) have done it for years, but I was interested to know whether it has caught… Continue reading
Apr 04 Watch Gary David Goldberg, Manager Extraordinaire The Late Gary David Goldberg, Manager Extraordinaire… Continue watching