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In Reply to: RE: Give it up - you can't win this one posted by racerguy on January 05, 2008 at 07:49:33
A commodity is a physical substance, such as food, grains, and metals, which is interchangeable with another product of the same type.
The keyword is "interchangeable"
A good engineer is not interchangeable, she/he has unique skills, so she/he is never a commodity.
These unique skills might not be in demand in the local market. So the price can go to zero. So no job, and a move to another market is needed. Like your friend.
The Scandinavian societies give free of charge first class university education to anybody, who pass entry skills tests.
As far as I know, Germany and Japan do the same.
So the rise to the top in Scandinavia is easier for the children of the poor persons, than in USA, where you have to pay a lot for the best universities.
The German engineering skills keep their export high in spite of the high Euro, because their products are not commodities.
Follow Ups:
I wonder why - do you enjoy embarrassing yourself? :-)
> > A commodity is a physical substance, such as food, grains, and metals, which is interchangeable with another product of the same type. < <
That is one definition. It is not the only definition. Skilled labor can also be a commodity. This includes skilled labor provided by engineers.
Ole, I know more about this subject than you. You're just an engineer :-)
You completely missed my point, even when I wrote it clearly.
The key word is "intercangeable" in any definition of commodity.
Skilled engineers and skilled MBAs are NOT interchangeable, and therefore NOT commodities.
In general people are not commodities, they are individuals.
A good manager knows that, and build a team based on the many skills needed.
But bad MBA managers think like you, and cause the current problems in USA.
I am truly sorry for the people, that have to work for you.
.
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