Subject | Re: Calumet files Chapter 7 |
From | Tony Cooper |
Date | 03/20/2014 23:10 (03/20/2014 18:10) |
Message-ID | <gmomi91kqet94frl09ougn40jbnubui85o@4ax.com> |
Client | |
Newsgroups | rec.photo.digital |
Follows | Eric Stevens |
Followups | Eric Stevens (32m) |
Eric Stevens"Capitalism" is too broad a brush to use to describe this. What went down was a strategic move by a company, and we can only guess what determined that strategy. It's probably one of two things:
On Thu, 20 Mar 2014 08:21:19 -0400, Usenet Account <nospam@invalid.invalid>wrote:Usenet AccountEric Stevens
On 20/03/2014 4:50 AM, Eric Stevens wrote:Eric StevensUsenet Account
On Wed, 19 Mar 2014 22:32:54 -0400, Robert Coe <bob@1776.COM>wrote:Robert CoeEric Stevens
On Thu, 13 Mar 2014 12:31:07 -0400, Usenet Account <nospam@invalid.invalid> wrote: : http://petapixel.com/2014/03/13/calumetphoto-us-declared-bankruptcy-gave-employees-zero-notice/
That's very sad. (I've been pretty busy and hadn't heard about it until now.) Calumet has been very good to CIPNE ("Commercial/Industrial Photographers of New England"), whereof I think I'm still a member. Come to think of it, CIPNE isn't doing too well itself, I'm afraid. Anybody who could spare a few hours a month could probably take over as President, with the heartfelt gratitude of the membership.
But anybody who blames Calumet for screwing its employees should get a grip. That's the way capitalism works, and is intended to work.
Rubbish.Robert CoeEric Stevens
That too is sad, but it's the way it is.
But not the way it should be.
Employees should be considered as secured creditors, and IMHO should have a level of protection.
In an era where we see bank and wall street executives with gold and or palladium parachutes, while the working class gets nothing? There has to be some fairness. Don't give me that it's capitalism.. so sad too bad nonsense.
Of course it's not capitalism. It's nonsense to claim that capitalism won't work unless you treat your employees that way.