How many laborers are involved in the entire chain until he can buy this piece?
Idk about this one.
this post was submitted on 30 Aug 2023
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Good point, there's probably 999 other people working on those same exact pieces.
And who's paying for the materials, and who made the machines that make these, etc etc.
This is a great example of a line of thought which I think is addressed in concept by this classic.
With manufacturing we have up front costs like the cost to design the product itself and the tools needed to make that product. These upfront costs are eventually going to be neutralized if revenues are greater than expenses. Once that's established there are the various ongoing expenses such as materials, energy, and labor. From what little I know of manufacturing bicycle or motorcycle parts, 1/3000 of someone's hour at let's say $30/hr, a little piece of what I assume to be steel, the energy cost, and more abstract costs like the maintenance the system will also need, the cost to make a single one of these is going to be well below $2.42 which is about a third of minimum possible wage in the US.
All of the above factors into the price of a product far less than the economics of perceived value which the largest companies can have massive influence in defining for the market. When a CEO is being paid about 400 times more than the average worker on the line which isn't even to speak of what happens to the actual profit of the business, that's when the disparity being pointed out in the picture becomes relevant. This is especially given that unsold inventory is dumped rather than distributed because they don't want to undermine the dollar value of their product by reducing it or giving it away for free.
Likely many more than 999 other people.
Another oldie but goodie: I, Pencil (https://youtu.be/IYO3tOqDISE?si=Lmw71tIKdZ86cjUn)
It's hard to do anything nowadays without the contribution of millions of people.
Doesn't mean they're all compensated fairly; most are not, but it's hard to tell who does and who doesn't from a single wage to end product cost difference.
The fuck are they??
IIRC from the original post they're bushings for motorcycle or bicycle suspensions
Ah, yes. The bushings. For the motorised cycles or the bicycles on suspension. Provides robust, dynamic performance.
Bloke in the pic looks like he wears them in his ears
I don't get it. Would you mind explaining what you mean?
You mean you don't use them daily? Cmon get with it. /s
ACME Thingies. The most relatable something used by beings.
"Boss makes a dollar, I make a dime. That's why I post memes on company time."
Literally me posting this
You joke, but (TMI warning) I'm doing what the real song says right now.
💩
I keep staring at it, but can't figure out what it's supposed to be.
It's a widget!
You know, how in the olden days people started farming so a few could feed the whole village while the rest produced other neccessaries?