Friday, 16 November 2012

Secular Café: Hostess liquidation

Secular Café
For serious discussion of politics, political news, policy, political theory and economics and events happening round the world
Hostess liquidation
Nov 17th 2012, 06:06

Quote:

There are two sides to the story but 18,500 families are at the mercy of a few. While I do not eat any of their products nor do I pass judgment on their place in our diets, I do feel that all the families involved deserve better than the bull headed decisions set by a few who are drawing a line in the sand. I would love to see the pay structures in this company. How much does senior management make? How top heavy is the management structure? How well are they taken care of no matter what the outcome? This can turn out to be a perfect example of the capitalism run rampant that really was at the heart of the presidential election. This needs to be raised to the top of news stories and played out in the public forum at the highest level so people can see what we have become. The 1,000,000 workers in the postal service need to pay attention. Times are changing dramatically and we need to take care of the human consequences of these dramatic upheavals in the basic structure in our economy. Principles are a good thing but not at all cost.
http://dealbook.nytimes.com/2012/11/...ill-liquidate/

Agreed!

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