A key question for passive investors is whether the current
race to the bottom for management fees eventually runs headlong into the old adage «you get what you pay for.»
The internet has reduced many of the traditional barriers to entry that protect companies from competition and created
a race to the bottom for prices in a number of categories.
It is in corporate CEO interest to keep
racing to the bottom for labor, so those jobs aren't coming back here until we're living a third - world lifestyle and will accept a dollar a day as a wage.
This GOP
race to the bottom for them is just the lesser of two or three, if you're a change - up con artist Newt fan.
Many publishers in the U.S. live in fear of the commoditization of ebooks and view subscription as the catalyst in a price
race to the bottom for their titles.
«It's
a race to the bottom for pricing.
Lately, there has not only been
a race to the bottom for airfares, but also how little luggage you are allowed to bring onboard without having to pay for it!
Not exact matches
Another reason you can't win a
race to the
bottom is that
for many consumers, even «free» isn't cheap enough.
With so many U.S. corporations
racing to the
bottom — moving manufacturing
to foreign countries
for cheap labor and no environmental responsibility, taking advantage of the H1 - B Visa program
to bring cheap workers in, lowering benefits and eliminating pension plans — it's refreshing
to learn that some companies are taking the exact opposite approach.
At
bottom, artificial intelligence is the creation of a
race, after all — a
race of living breathing tin men, or, more
to the point, a creation that can later do the creation
for us.
That's no longer the case,
for two reasons: hardware has become commoditized, with high - volume, low - margin producers
racing each other
to the
bottom; and features are increasingly coming from upgradeable software, which extends the life of devices.
«In a campaign cycle that has been nothing but a
race to the
bottom — at such a critical moment
for our nation — and with so many who have tried
to be respectful of a record primary vote, the time has come
for Governor Pence
to lead the ticket,» Huntsman told the Salt Lake Tribune.
The conundrum
for retailers is that they can hardly stand idly by when the competition is trotting out bigger discounts than ever, earlier than ever, worsening a
race to the
bottom that has bedeviled retailers
for years, and clearly continues
to.
Race to the
bottom: A term
for dog - eat - dog competition by which countries compete by cutting wage levels so as
to produce in the cheapest market, not by raising wages and labor productivity.
The absence of proper consumer protection was a major contributing factor
to the present financial meltdown,
for «it has now become clear that abrogating sound state laws, particularly regarding consumer protection, created opportunity
for regulatory arbitrage that resulted in a regulatory «
race -
to - the -
bottom.
But
for the cities that made the cut, the
race to the
bottom may only be beginning.
«Secondly, we are not at all interested in participating in a
race to the
bottom in regards
to competing with financial incentives that are not viable
for this community.»
Just five months ago, Finance Minister Jim Flaherty publicly scolded both BMO and Manulife Financial
for offering mortgages he deemed irresponsibly cheap, advising against a «
race to the
bottom,» as mortgage rates sank as low as 2.89 per cent.
Furthermore, if the table showed growth figures
for the past 6 months it would reveal that the EZ is now leading by a wide margin in the
race to inflate (a.k.a. the
race to the
bottom).
It seems likely that
for several generations, indeed,
for the foreseeable future, the global economy will continue the current «
race to the
bottom,» moving production
to those places where labor is cheapest and most docile.
Globalization is the era of mega-competition, in other words, the competition among giant TNCs which accelerates the
race for the
bottom to make TNCs acquire more profit by further exploitation of labor including lowering the wages, cutting the welfare benefits, laying off employees, depriving workers of their labor rights, using cheap labor such as casual and even child labor, and also by further destruction of environment.
(CNN)-- Even though former Pennsylvania Sen. Rick Santorum, one of two Catholics in the
race for the GOP nomination, was helped by an evangelical bump in Iowa on Wednesday, his support among Catholic Republicans is near the
bottom of the field, according
to a new Gallup survey.
Another suggestion
for how the rainbow flag originated is that at college campuses during the 1960s, some people demonstrated
for world peace by carrying a Flag of the
Races (also called the Flag of the Human
Race) with five horizontal stripes (from top
to bottom they were red, black, brown, yellow, and white).
When labor is plentiful, workers must compete
for jobs in a
race to the
bottom.
I don't see how this homegenization of standards and «
race to the
bottom» offers any incentive
for serious improvements
to exceptional ecological sustainability.
Of course, our own Hammers are still well within the mix and so there is all
to play
for in yet another crucial
race to the
bottom clash this afternoon.
It has become a yearly occurrence
for the
bottom of Spain's premier division
to take us until the final day
to find out who has the privilege of hosting Real Madrid and Barcelona again in the next campaign, usually providing much greater excitement than the title
race.
As Simeone's side pushed
for a second goal, Giuseppe Rossi
raced away
to net a dramatic last minute winner
for the league's
bottom side.
The «right»
to a public education in this country has made schools impotent
to discipline young people who have turned the education system into a
race for the
bottom.
The New York Democratic Committee on Monday is deriding the shifting field
for the Republican gubernatorial nomination as a «soap opera» and an «amazing
race to the
bottom.»
The row over cladding overshadowed Hackitt's ambitious proposals
for reform of building safety which she said had become a «
race to the
bottom».
Countries which focus on purely national strategies will create a «
race to the
bottom», he warned, as he emphasised the need
for American leadership on crafting the framework of rules
to ensure global recovery from recession.
«
For him the global free market equates
to a
race to the
bottom with the gains being shared among a smaller and smaller group of people,» said Osborne in his 2013 Tory conference speech.
A
race to the
bottom, where rather than empathy
for people who are living in conditions most people couldn't even imagine, we shrug our shoulders and just think tough luck.
«If there is a teachable moment here it might be this: look how quickly two relatively rational political players from opposite sides with an affinity
for one another
raced to the
bottom during these uncertain times.
Alternatively, if you follow the download link at the very
bottom of that page, you can find this google spreadsheet which has what appears
to be every result
for every
race of either national or state - wide importance.
David Davis [Minister
for Leaving the EU] said the UK wanted
to lead a «global
race to the top» in rights and standards not, as some feared, a «competitive
race to the
bottom».
For him the global free market equates
to a
race to the
bottom with the gains being shared among a smaller and smaller group of people.
Gov. Andrew Cuomo chided Jeb Bush
for tweeting a photo of a handgun, saying it represents a «
race to the
bottom» in political campaigning.
For a long time Greens have been rejecting the
race to the
bottom on immigration rhetoric, and it's a shame that the other parties waited so long
to make a stand.
As far as «deflating» wages of workers
to race China
to the
bottom, there's an old saying: «You get what you pay
for».
The Tories have been talking about the «global
race»
for a few years now — but Health Secretary Jeremy Hunt's unguarded comments have revealed that it's a global
race to the
bottom.
Gov. Andrew Cuomo chided on Wednesday Republican presidential candidate Jeb Bush
for tweeting a photo of a handgun, saying it represents a «
race to the
bottom» in political campaigning.
«It is time
for the
race to the
bottom to end,» he said.
Lewis, Labour MP
for Norwich South — who won his seat off Liberal Democrat Simon Wright, but whose nearest challenger in 2015 was the Conservatives — said: «The Tories» plan
for Brexit is a plan
for a
race to the
bottom which we will all lose — with weakened human rights, rampant deregulation, and a diminished Britain.
«The
bottom line is the United States does not want conflict in outer space,» says Frank Rose, assistant secretary of state
for arms control, verification and compliance, who has led American diplomatic efforts
to prevent a space arms
race.
After the researchers adjusted
for age, gender,
race, and BMI, they found that women who scored in the top half
for weight - bias internalization were three times more likely
to have metabolic syndrome that those in the
bottom half.
You'll be
racing your boulder down the winding maze, avoiding the obstacles your opponent is building in real time, trying
to smash into their castle gate at the
bottom and returning
to the strategic view
to place your obstacles while you wait
for your boulder
to be prepared.
So here's the
bottom line: Emma Stone has the edge
to win her first Oscar
for a starring role in a Best Picture frontrunner, where she is a breath of fresh air that will blow through the Oscar
race.
Many of us are starting
to look at outliers in previous Oscar winners Clint Eastwood (American Sniper) and James Marsh (The Theory of Everything)
to shake up the
race and feed off the dying hopes
for the
bottom - tier vote - getters here.