Then, one day, this egalitarian utopia is disturbed by an entrepreneur with an idea for a new product. Think of the entrepreneur as Steve Jobs as he develops the iPod, J.K. Rowling as she writes her Harry Potter books, or Steven Spielberg as he directs his blockbuster movies...
But it has devastating consequences for the CEO and the stockholders when the lowest people on the totem pole - namely, the 99% - no longer have discretionary money to spend.So the CEO makes less, the stockholders will make more. Really has nothing to do with the lowest people on the totem pole.
But it has devastating consequences for the CEO and the stockholders when the lowest people on the totem pole - namely, the 99% - no longer have discretionary money to spend.
The real beauty of democracy in a democratic republic is the voters can tell capitalism to go **** off and use the law to cap CEO salaries. And we wouldn't even have to travel to Cuba to see that. The best part about it is if the CEOs want to leave America after the voters have had their say, we can replace said CEOs. Zucker wants to take his Facebook and go elsewhere? Fine. OpenSourceBook will probably take his place. We don't need the rent-seekers.In a private company, the CEO's salary is none of your business.
In a publically traded company, the CEO's salary is the business of the shareholders who set and review those salaries on a regular, yearly basis. If the shareholders want to reward or pay what you see as outrageously high salaries, they generally do so because the return on their investment is increased because they have the best talent running the show. If you don't like it, as a shareholder, you sell your stock.
In a public company, the CEO's salary is the responsibility of the political master who oversees that public company.
It's the beauty of a capitalist economy in a democratic republic. Cuba may be more to your liking.
The real beauty of democracy in a democratic republic is the voters can tell capitalism to go **** off and use the law to cap CEO salaries. And we wouldn't even have to travel to Cuba to see that. The best part about it is if the CEOs want to leave America after the voters have had their say, we can replace said CEOs. Zucker wants to take his Facebook and go elsewhere? Fine. OpenSourceBook will probably take his place. We don't need the rent-seekers.
The real beauty of democracy in a democratic republic is the voters can tell capitalism to go **** off and use the law to cap CEO salaries. And we wouldn't even have to travel to Cuba to see that. The best part about it is if the CEOs want to leave America after the voters have had their say, we can replace said CEOs. Zucker wants to take his Facebook and go elsewhere? Fine. OpenSourceBook will probably take his place. We don't need the rent-seekers.
What a company pays its employees is nobody's business but theirs - not yours, not mine, not the government's. You have every right to form your own corporation and set salaries in a manner you choose.
Gut them? You mean the way they gutted the middle class? I don't have to do anything to gut them. The absurdly low wages they're paying workers, will do that for me.If you want your tech and financial industries to be gutted the same way your manufacturing industries have been, you're on the right track.
Corporations already do that when they do mass layoffs and cut workers' salaries while raising their CEO pay.And the next step would be to judge what 'your' work is worth, and what you should be paid.
Kind of nasty, that.
Voters have the power to make it their business. And with laws such as the minimum wage, they already have been doing so.What a company pays its employees is nobody's business but theirs - not yours, not mine, not the government's. You have every right to form your own corporation and set salaries in a manner you choose.
Isn't it ironic that the people who have no marketable skills to ascertain a high-paying job are the ones most jealous of those who do have those marketable skills? As I said in another thread, it's like two siblings. When one has a birthday and receives a gift, the other sibling whines like an infant because he didn't get his gift, regardless of the fact that it's not his birthday.And the next step would be to judge what 'your' work is worth, and what you should be paid.
Actually, in a democratic republic, the state has no right to dictate how private companies are run. Those are fascist cravings you're having.The real beauty of democracy in a democratic republic is the voters can tell capitalism to go **** off and use the law to cap CEO salaries.
Really? So that's why, in America, companies are told on a daily basis that they cannot discriminate on the basis of gender, and they must submit to safety inspections and other things. The state has, and routinely exercises, the voter-authorized right to dictate how private companies are run on a daily basis.Actually, in a democratic republic, the state has no right to dictate how private companies are run. Those are fascist cravings you're having.
Too bad, so sad, that's life.
Don't like it? Tough.
Corporations already do that when they do mass layoffs and cut workers' salaries while raising their CEO pay.
Next time, please threaten American workers with something that doesn't happen already.
Corporations already do that when they do mass layoffs and cut workers' salaries while raising their CEO pay.
Next time, please threaten American workers with something that doesn't happen already.
Voters have the power to make it their business. And with laws such as the minimum wage, they already have been doing so.
Too bad, so sad, that's life.
Don't like it? Tough.
Oh, and yeah, I've signed both sides of paychecks - as an employer and as a worker.
Now there is a strong argument.I guess you're happy having the government control everything. Too bad. So sad.
The government doesn't control everything. The voters, when united, control everything.Now there is a strong argument.I guess you're happy having the government control everything. Too bad. So sad.
When there are 3 times as many job seekers than there are jobs, that is not an option.And there is always the option of finding another job, no?
Doesn't make it right, but it is democracy. You have a problem with democracy? Would you rather live under a dictatorship? Well, out with it.Voters also have the power to make what people eat, what kind of cars they drive, what sort of houses they live in, or who they marry their business. That doesnt make it right.
I'd say that, given the unemployment rate and the explosion of poverty in this country, it is in fact a zero-sum game. Our roads are crumbling, cost of living is rising faster than wages, wages are stagnating and have been stagnating for decades... there's several signs of a zero-sum game.Some people believe in liberty. Some people believe in controlling other people's lives to fit with how they think they should live them. The only difference between that and dictatorship is the number of people who are trying to control others.
Economics is not a zero-sum game. CEOs earning more does not reduce opportunity for you.
It is an option for many who take the time to make themselves worth something in the job market.When there are 3 times as many job seekers than there are jobs, that is not an option.
A thousand people have made that same argument on here, and a thousand have fallen silent after having been told the following, so here we go again:It is an option for many who take the time to make themselves worth something in the job market.
Workers have earned 100% of the wealth in this country. There would be no wealth without workers. In all the history of the world, no business has ever even existed without workers. Even if you could dream up a business that runs without workers, it won't survive without workers to sell stuff to. There is almost no Venn diagram disconnect between workers and customers. For 99% of businesses out there, there is no disconnect at all between the two groups.I'm afraid all I see is an attempt to paint one group evil, the others as victims, in order to take what they haven't earned.
A thousand people have made that same argument on here, and a thousand have fallen silent after having been told the following, so here we go again:
1) How will they do "make themselves worth something"? With monopoly money? By plucking money off of trees? 70% of Americans live paycheck to paycheck because living expenses are so high. The average American who gets laid off in this economy, will not have the money to retrain.
2) There are 3 job seekers for every 1 job. So even if everyone plucked money off of trees and made themselves worth something in the job market, 2 out of 3 will still be without a job. And out a lot of additional money, at that. This is an irrefutable mathematical certainty.
Workers have earned 100% of the wealth in this country. There would be no wealth without workers. In all the history of the world, no business has ever even existed without workers. Even if you could dream up a business that runs without workers, it won't survive without workers to sell stuff to. There is almost no Venn diagram disconnect between workers and customers. For 99% of businesses out there, there is no disconnect at all between the two groups.
It has absolutely everything to do with plucking money off of trees. It involves retraining and further education. That costs money.Making yourself worth something in the job market has absolutely nothing to do with plucking money off trees.
News flash, people have been doing most of this already. In reward for showing more loyalty to the company, the company responds by doing mass layoffs. This, after being paid wages which make going to college to get re-education and re-training impossibly expensive.Doing your job, and doing it well. Initiative, creativity, a willingness to go above and beyond. Take courses or read up on subjects at the library that will not only help the company, but increase your saleable knowledge. Loyalty to the company rather than to just the paycheck, being positive and saying I will rather than Let Me Check.... when someone asks a question, say let me find out rather than I don't know, ask so-n-so. All these things increase a person's value in the employment market place.
So you're the kind of guy who works an extra 40 hours for free. You clap as they reduce your wages and you even come in on Saturday - for free, mind you - and spend all your free time learning how to better serve your boss. That's you, eh? No doubt you've been laid off many times despite doing all of this.Those that do the bare minimums and no more, are the ones who screech about protections and why should they have to work more than 40 hours. Those that watch the clock, burn company time and feel any and every benefit is theirs by right, rather than earned.
only if you change industries entirely. One can go from a entry level position, research and learn from those above them, research and study at a library, learn how to actually manage a business (at least the stuff books can teach you, hands on is a better educator) do accounting, budgeting and forecasting, all from books one can borrow for free. Imagine that.It has absolutely everything to do with plucking money off of trees. It involves retraining and further education. That costs money.
And sales people aren't exactly rare, are they? You obviously haven't gotten over the hurdle of knowing that the only person that can make your worth in the employment marketplace is YOU. Not what someone else tells you your worth, what you know your worth, and can prove it. Reality trumps your sad little attempt at demeaning me.News flash, people have been doing most of this already. In reward for showing more loyalty to the company, the company responds by doing mass layoffs. This, after being paid wages which make going to college to get re-education and re-training impossibly expensive.
Circuit City, for instance, laid off its top salespeople in favor of cheaper, hourly paid workers. Highly skilled nurses in hospitals got laid off en masse in favor of cheap nurse aids and whatnot.
Moreover, employers are now doing more work with FEWER people. The more work you do, the more value you bring to the company, the less of you they need. So, quite literally, increased worker productivity is a historically proven massive job killer. No, really, your theories suck. Reality trumps you. Higher productivity consistently accompanies reductions in workforce.
So you're the kind of guy who works an extra 40 hours for free. You clap as they reduce your wages and you even come in on Saturday - for free, mind you - and spend all your free time learning how to better serve your boss. That's you, eh? No doubt you've been laid off many times despite doing all of this.
You just keep living that subservient life, the life of the worker that gets abused and shouts "thank you sir, may I have another!" You will retire a man of broken body, mind and spirit. :wink:
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