How to stop or solve the poverty in the Philippines?

[unsay_ngalan_nimo]

Oh yes- Philippines is relying on export business- the exportation of labor force- our most valuable product - the OFW... and yes, they remit lots of money to feed our economy but lose their families in the process-- left by their domestic partners, their children gets into teen pregnancy or drugs and sooner than they expect, they return home with nothing but the terrible experience of discrimination, violence and even sexual abuses which, of course, they keep to themselves. Sad but true, this vicious cycle continues because our minimum wages here could hardly feed a family of 3.

And by the way- Jollibee is not in the export sector of our economy.

so youthink hyperwage can help the export industry? or any local industrry and business here.. can it give them an edge to compete with world market?

the problem with hypoerwage is at its very onset it wont hurt the MNCs or the big companies but the very small businesses we want protect and grow and be able to expand into the world market...

yup pero at least naka expand sila diba? dili man necessary export.. kana bitaw expansion..

ok ram mudaku ang pay oi.. maganda nga yun pero proportional sad unta productivity gain sa economy...

pero kung low ang productiviuty ano pa itataas mo? bandera na lang...

[Tarmac]

so youthink hyperwage can help the export industry? or any local industrry and business here.. can it give them an edge to compete with world market?

the problem with hypoerwage is at its very onset it wont hurt the MNCs or the big companies but the very small businesses we want protect and grow and be able to expand into the world market...

And the author would tell you, why should you care about them? He doesn't. He obviously never took them into consideration when he wrote the book.

[al1974]

so youthink hyperwage can help the export industry? or any local industrry and business here.. can it give them an edge to compete with world market?

the problem with hypoerwage is at its very onset it wont hurt the MNCs or the big compasnies but the very small businesses we want protect and grow and be able to expand into the world market...

with hyperwage, economy will be changed. there will be a different landscape. we dont rely much on export anyway- and besides most exported products are already automated like URC, SMC, etc- except for the furniture industry which requires a lot of manual labor.

why protect the small business that will not protect the wage earners? if they can not afford the hyperwage salaries, then they should close down or find a way to cut manpower. Also- there will always be somebody who will take over that business if there is a demand. its business model will also change with hyperwage theory.

[cirext]

hyperwage is like communism...
seems perfect but can never be perfectly implemented

[unsay_ngalan_nimo]

with hyperwage, economy will be changed. there will be a different landscape. we dont rely much on export anyway- and besides most exported products are already automated like URC, SMC, etc- except for the furniture industry which requires a lot of manual labor.

why protect the small business that will not protect the wage earners? if they can not afford the hyperwage salaries, then they should close down or find a way to cut manpower. Also- there will always be somebody who will take over that business if there is a demand. its business model will also change with hyperwage theory.

demand? how can there be demand kung wala nga trabaho? alam mo magbasa ka ng iabng libro masyado nang polarize ni bentulan yung reasoning mo.. para namn meron kang ibang view...

how many small businesses are there? how many families do they feed? how many developing compoanies ang maliligsan sa hyperwage.. imbis na for R&D adto sa pay... they have not even started pinapatya mo na...

nakaktawa ka...

example mo ang Japan.. read japan's history ila daghan sila import pero at least nak-even ni sa ila export...

unsa mang sony sa una.. unsa manng mga hyundai na cars sa una... sa una made in japan bati gyud na.. mura sad dili nag start ug gamy ang usa ka daku na kumpanya...

tuta ka ata ng MNCs eh...

[Tarmac]

Give me a minute to put my helmet on before you launch your attack reply... Thanks

Make sure it's Kevlar! Wear body armor because Fool is going to come out shooting full-auto. Heck, hide behind reactive armor because he'll be using RPGs too!

[unsay_ngalan_nimo]

hay kailangn ko na siguro matulog im losing my temper..

goodnight Al9174.. peace...

[al1974]

And the author would tell you, why should you care about them? He doesn't. He obviously never took them into consideration when he wrote the book.

Amd I agree with that. Why? some dept stores and fastfood shops here are not paying the right wages and they are way too below minimum but the govt looks the other way because of these establishments closes down, there will be unemployment--- yes, for the mean time, because sooner than later, SM will get into their business, Jollibee, Mcdo, etc will get that business. These LEGAL business sectors follwoing statutory wages will take over.

While most of you agree with the status quo, I dont. I have long studied and analyzed why our economic system failed to alleviate the lifes of our brethren- which I firmly believe deserve more than the survival wages. Wages- that can not put food on the table, can not send kids to school,can not build a house. Wages that promote petty crimes from pilferage to grease money. Wages that force a father in dire need to turn to robbery. Low Wages that make the capitalist and share holders buy more than what they need. Low wages that give them fat profits and acquire enormous wealth they can not even consume for centuries....

[Tarmac]

with hyperwage, economy will be changed. there will be a different landscape. we dont rely much on export anyway- and besides most exported products are already automated like URC, SMC, etc- except for the furniture industry which requires a lot of manual labor.

why protect the small business that will not protect the wage earners? if they can not afford the hyperwage salaries, then they should close down or find a way to cut manpower. Also- there will always be somebody who will take over that business if there is a demand. its business model will also change with hyperwage theory.

Ah, but there's the rub. Hyperwage purports to uplift the wage earners but not the businesses that employ them. Especially not the small businesses.

It just isn't that easy. Reading the statements above makes my blood run cold. Hyperwage seems to promise wholesale business closures and massive unemployment. How sure are you that we're going to climb out of that quagmire before the virtues of circular flow and the multiplier effect kick in?

Real world concerns, not speculation, not mere theory.

[unsay_ngalan_nimo]

Amd I agree with that. Why? some dept stores and fastfood shops here are not paying the right wages and they are way too below minimum but the govt looks the other way because of these establishments closes down, there will be unemployment--- yes, for the mean time, because sooner than later, SM will get into their business, Jollibee, Mcdo, etc will get that business. These LEGAL business sectors follwoing statutory wages will take over.

While most of you agree with the status quo, I dont. I have long studied and analyzed why our economic system failed to alleviate the lifes of our brethren- which I firmly believe deserve more than the survival wages. Wages- that can not put food on the table, can not send kids to school,can not build a house. Wages that promote petty crimes from pilferage to grease money. Wages that force a father in dire need to turn to robbery. Low Wages that make the capitalist and share holders buy more than what they need. Low wages that give them fat profits and acquire enormous wealth they can not even consume for centuries....

hahaha.. unemployment for the meantime? and how long will that be? tahn-aw nang golden cowrie karon ay.. kahibaw ka unsa na sa una mura ra tan-wn na ug karenderia...

imo tan-aw kung ma-implemnt nah hyperwage willing ang Sm mu pay ug 25k kada sales lady wihtout laying of other workers?

wage increase have + relation with productivity gain...

the worst case scenario is monopoly.. lahat ng business at local companies puor lopez, jumenz lang conjuanco makatag-iya...

makalagot mkahun-huna na imo tan-aw kay dili mu-count nag mga SMEs... basin imo amo way ayo...