Election 2012

piercehawkeye45 · 08-22-2012, 10:08 AM

I agree with you. I do not think companies like Bain Capital should be revered, but I believe there is a market for Bain largely because of the effects of globalization. I doubt anyone can generalize the reasons why other companies went to Bain to help, however, outsourcing and "rearranging" was probably going to happen no matter what in many of those companies. Bain can be looked at, in certain situations, as making that transition easier for those companies at a profit. On the other hand, Bain can be looked at as pushing outsourcing and minimum wage jobs further than they needed. That is more of a capitalism argument though.

I don't like Bain and what they do but I think that other perspective is important as well. It needs to be recognized that Bain is largely reactionary.

08-22-2012, 10:08 AM	#11
piercehawkeye45 Franklin Pierce Join Date: Oct 2006 Location: Minnesota Posts: 3,695	I agree with you. I do not think companies like Bain Capital should be revered, but I believe there is a market for Bain largely because of the effects of globalization. I doubt anyone can generalize the reasons why other companies went to Bain to help, however, outsourcing and "rearranging" was probably going to happen no matter what in many of those companies. Bain can be looked at, in certain situations, as making that transition easier for those companies at a profit. On the other hand, Bain can be looked at as pushing outsourcing and minimum wage jobs further than they needed. That is more of a capitalism argument though. I don't like Bain and what they do but I think that other perspective is important as well. It needs to be recognized that Bain is largely reactionary. __________________ I like my perspectives like I like my baseball caps: one size fits all.

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)