Pixar — Purl

The video shows how an investment in human capital and diversity can provide significant increases in productivity.  Allowing employees to express their individuality brings new thoughts and ideas to the group. Without diversity, the company was trending down, when they embraced the balls of yarn it was trending up.  While it was easy to keep everyone and everything the same, the company was not making money.  By investing in a more diverse workforce, they were able to become profitable and a much more favorable place to work.  The opportunity costs are implied but they are that diversity can have real bottom line impacts.  In addition, diversifying your workforce can make you an employer of choice and allow you to hire more highly skilled employees.   Lastly, it shows that diversity allowed the male employees to be more free with who they were and thus helped the company become more successful.

I think this video applies to everyone from women to men.  Introverts to extroverts, it shows the benefits of staying true to who you are.  Additionally, it shows the benefits to companies by encouraging diversity.

Clip suggestion & description submitted by Keven Tarantino

Channel 4 News — A Grocery Store Without Foreign Products

When countries decide not to participate in international trade, we enter a world of autarky. Few of us realize the impact that international trade has on our daily lives. One grocery store in Germany decided to remove all foreign-made products from their shelves in order to make a statement about trade, immigration, and diversity.

This clip was originally recorded by instragram user @Heinzinger and then shown on a Germany news channel with the additional commentary added on top of the original video. Thanks to @NinjaEconomics for bringing this to my attention.

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