Should HUGE companies be forced to pay a living wage?

[incoming]

Originally Posted by thaskalos

I know full well what the economist was trying to say...but he should have used a better "economic parable" in order to make his point...IMO. There is a big difference between an "employer"...and a "donor". But Mr. Boudreaux does do a good job pointing out why I, personally, generally hold economists in low regard.

Great point, teacher, just another very poor analogy.

[Tom]

Originally Posted by JustRalph

You’re hysterical......such a comment shows a lack of critical thinking

Did you really mean to use the word critical?
Sems to read better without it.

[Tom]

Originally Posted by davew

Are you going back to wherever your ancestors came from and leaving all of your stuff to the indigenous for reparations for your ancestors wrong doing?

He should at least turn it all over the SS before he dose the right thing and leaves. Who but rank hypocrites could stay living here knowing our history.

How about it, Actor.....when ya leaving?
Or are you just another hypocrite?

[Tom]

If the only job you are qualified to do is flip burgers, you aren't worth much to begin with. Be thankful they let you in the place.

[mostpost]

Originally Posted by JustRalph

The market sets wage rates. Plain and simple.

The myth of the market. How does a three fold increase in CEO compensation fit in with the market? What prevents a company from over maximizing profits at the expense of workers' salaries? What power does the individual worker have in salary negotiation when there is a surplus of workers ready and willing to take his job at a lower rate.


Even if some companies and owners want to pay their employees a fair, living wage, how do they survive when facing competition from companies that don't?

The only way to establish just wages is through negotiation between equals. In almost all cases this means negotiation between management and union represented workers.

[RunForTheRoses]

Originally Posted by Actor

I missed the part where the native Americans were paid a fair price for their land.

Was the forced removal of the Cherokee from their land, resulting in one third of them dying, not a genocide?

How does recognizing that we do not live in a perfect world show a lack of critical thinking? Is this another religion thread?

https://vdare.com/articles/an-americ...-immigrationeu

[incoming]

Originally Posted by mostpost

The myth of the market. How does a three fold increase in CEO compensation fit in with the market? What prevents a company from over maximizing profits at the expense of workers' salaries? What power does the individual worker have in salary negotiation when there is a surplus of workers ready and willing to take his job at a lower rate.


Even if some companies and owners want to pay their employees a fair, living wage, how do they survive when facing competition from companies that don't?

The only way to establish just wages is through negotiation between equals. In almost all cases this means negotiation between management and union represented workers.

The unions have caused many profitable businesses to close and put many workers in the street. Without government subsidy the post office is a great example.....man you really stepped in that one.

[davew]

Originally Posted by incoming

The unions have caused many profitable businesses to close and put many workers in the street. Without government subsidy the post office is a great example.....man you really stepped in that one.

you got it all wrong ... it is Congress that keeps shipping fees depressed so that the USPS can not charge their true value.

[incoming]

Originally Posted by davew

you got it all wrong ... it is Congress that keeps shipping fees depressed so that the USPS can not charge their true value.

Of course, you are right. USPS should have been the first Fedex... their interstructure was in place first, but the government got in the way.

[Actor]

Originally Posted by davew

Are you going back to wherever your ancestors came from and leaving all of your stuff to the indigenous for reparations for your ancestors wrong doing?

What makes you think my ancestors were the wrong doers rather than those done wrong?

And I'm not advocating anything. I'm simply pointing out that it's a dog-eat-dog world and Darwin was right. Nothing will change that and I accept it.

[Actor]

Originally Posted by Clocker

It wouldn't have any assets at that point. Its plant and equipment, patents, products and production, etc., would have been sold off (probably to a foreign corporation), cash distributed as stockholder dividends, and its stock would be retired.

So what?

[Actor]

Originally Posted by RunForTheRoses

https://vdare.com/articles/an-americ...-immigrationeu

Dead link!

[Actor]

Originally Posted by Tom

He should at least turn it all over the SS before he dose[sic] the right thing and leaves. Who but rank hypocrites could stay living here knowing our history.

How about it, Actor.....when ya leaving?
Or are you just another hypocrite?

What's hypocritical about social Darwinism? Those who get to the top do not get there by being nice guys. They get there by being ruthless.

And that will never change.

[Tom]

You still here?

[fast4522]

Originally Posted by Actor

What's hypocritical about social Darwinism? Those who get to the top do not get there by being nice guys. They get there by being ruthless.

And that will never change.

In business compartmentalization has its place, good habits are very common by the successful. Not one of those you would look up to today who has made it in business would be considered a nice guy or gal on the way up the ladder. Your point is moot, people make their money first and save the world second. Or a poor person never has employees. You can make a example of lets say Bernard Lawrence Madoff, but the vast majority of the successful have done it legally, ethically, and morally.