This Justin person seems problematic.
Toyota created it. And abandoned it after their earth quake tsunami. They now hold a few months out of supply.
What is a Just in Time system?
It’s when you’re too cheap to keep a stockpile of the stuff you need to keep your business running.
So like saying “this car going 150 miles an hour will reach the destination faster than the car going 75 miles an hour… so long as it doesn’t crash, get pulled over, or the driver doesn’t get arrested for reckless driving.”
Marx actually wrote about this in Capital, he brought up the fact that capitalist economic theory’s fundamental flaw is that they ideologically believe that accelerating the rate of production and transaction can solve the crises inherent to the capitalist mode of production when in reality, acceleration of production just intensifies the crises.
The function of global financial capitalism is the replacing of the industrial capitalist with the finance capitalist who produces nothing but just accelerates the rate of exchange of commodities. If it wasn’t for the productive base that exists in the hyper exploited proto-industrial 3rd world, this mode of capitalist production would be completely unsustainable at any level.
Some people think maoist third worldist theory is flawed, but the way I see it it solves this fundamental contradiction in the imperial financial capitalist order. Liberating the productive industrial base of the world will by the very nature of the JIT financial capitalist system cause it to collapse in on itself in spectacular fashion.
I was going through business school (don’t get a business degree) when the pandemic broke out. It was like a wtyp bit talking about the supply chain, with all my professors going “it’s not supposed to look like that.”
Oh God that sounds hilarious.
Agree don’t get a business degree… but goddamn if they don’t make you employable af
Oh for sure, especially if you get one like accounting or finance, but god damn the whole “ideology” of business school was extremely blackpilling to me, just seeing the next generation of white collar workers being indoctrinated into the capitalist cult. My fucking tax professor was a libertarian for fuck’s sake.
I used to watch this show where Damon Wayans Jr. played a Master’s in Business Haver, and he would quote MBA wisdom like “The 5 B’s of Business,” but the 5 words were always different each time.
One of my IRL friends showed me one of his undergrad business school textbooks, and it was filled with inane stuff like this lol
