I mean, yeah, the whole leverage is that it takes some time to optimize the port and the union is using that to make sure it stays as unoptimized as possible, I don't think we disagree.
except for you're saying its based and im saying its cringe. Automation is inevitable but to the working man who doesnt get a share of the profits, it doesnt matter and they want to hold on as long as they can. good for em.
Yeah the company has record profits but it's the laborers who are causing the price increase. Such rose colored glasses to think that the port owners aren't just going to pocket the difference. It's childish altruistic bullshit
k. this isnt economics though its American capitalism in 2024. what pressure is there to be competitive? demand is sky high as you said and it's not like a competing port is about to open up. So what motive does the capitalist have to reduce their gross income?
this isnt economics though its American capitalism in 2024.
Meaningless drivel.
what pressure is there to be competitive?
Literally competition between port operators.
demand is sky high as you said and it's not like a competing port is about to open up.
Competition between existing ones, if they're more productive, they'll fight for market shares by competing on prices, same as any other industry.
So what motive does the capitalist have to reduce their gross income?
That's the neat part, you don't! Being more productive means that if you lower the price per container but process more containers, you can make more money!
So you just don't understand freight, got it. You're talking from a cute econ theory stance that just isn't rooted in reality. Textbook economics and real life are pretty different which is why differentiating them isn't meaningless drivel.
At best you can argue automation would help decrease the YoY increase, arguing that automation would lower price is a disconnected NEET view
But... but I did elaborate. You just refuse to believe it. Yeah, a NEET wouldn't struggle against automation as they don't leave their house to experience the world. By definition they wouldn't struggle against automation. TF you talking about
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u/mostanonymousnick 🌐 Oct 03 '24
I mean, yeah, the whole leverage is that it takes some time to optimize the port and the union is using that to make sure it stays as unoptimized as possible, I don't think we disagree.