Socialism/capitalism

Ventucky Red

Super Anarchist
11,289
1,152
Wow, that is really impressive. Thank you for sharing. People that have waterfront homes are generally experts economics.

Where he lives... I can get an acre of waterfront for about $200K, and probably another $300K to develop it.. phuck, that's petty cash walk around money
 

Grrr...

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9,694
2,267
Detroit
Some would say human workers are an assett to help earn the capitol.. And like most assetts, you take care of it, it takes care of you..
Those 'some' would be ignoring the facts. First, that half the population is below average IQ, and those people rarely have innovative or unique methods or ideas that would make them a unique hire. Second, the a portion of the population is disabled in some way and simply can't work in manual labor jobs.

As a result, if left unregulated corporations simply have a race to the bottom where they're allowed to burn out person after person because another is more than ready to step up to make desperately needed dollars.
 

Ventucky Red

Super Anarchist
11,289
1,152
Let me guess... you offered your workers trophies instead of higher wages, and they laughed and quit.
The average tenure with my team is 16 years, 14 years under my watch... Yeah I give them trophies, and bonus checks, and maybe a trip for their family too.

I know this if foreign to you, in you world everyone is the same.. hence the term "marginal employee.. " something I am certain you have heard many a time that forced you into early retirement.
 

veni vidi vici

Super Anarchist
2,285
478
I know why -I- have a few, dunno about you.

E98D63D3-691B-4B6B-A246-663CB91E25EF.jpeg
 

jzk

Super Anarchist
12,096
371
Those 'some' would be ignoring the facts. First, that half the population is below average IQ, and those people rarely have innovative or unique methods or ideas that would make them a unique hire. Second, the a portion of the population is disabled in some way and simply can't work in manual labor jobs.

As a result, if left unregulated corporations simply have a race to the bottom where they're allowed to burn out person after person because another is more than ready to step up to make desperately needed dollars.
If that were true, most people would be making minimum wage. "Race to the bottom" is just code for "I have no idea what I am talking about."
 

billy backstay

Backstay, never bought a suit, never went to Vegas
must be nice to be a 1%er!

I seriously doubt that! One per-centers have a minimum net value of around 11 million.... He may not even be in the top 10 per-centers, just worked hard, and invested wisely.....

Average Net Worth of the 1% - Investopedia

Apr 5, 2022Key Takeaways The minimum net worth of the top 1% is roughly $11.1 million. A person would need to earn an average of $823,763 per year in order to join the top 1%. The widening gaps in wealth and income stem from a variety of factors, including the wealthiest's increasing dominance...
.
 

Grrr...

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9,694
2,267
Detroit
If that were true, most people would be making minimum wage. "Race to the bottom" is just code for "I have no idea what I am talking about."
If left unregulated. Of course, typical for you and your struggle for literacy, you skipped that part.
 

jzk

Super Anarchist
12,096
371
If left unregulated. Of course, typical for you and your struggle for literacy, you skipped that part.
Other than minimum wage, what regulations are there now? How are there people out there making $100k? Are corporations just stupid?
 

SloopJonB

Super Anarchist
67,180
11,579
Great Wet North
Which has hollowed out the vast American manufacturing sector.
The American manufacturing sector was quite simply the best in the world well into my adulthood. Made in the USA was the standard of excellence for virtually everything.

Those contemporary corporate leaders sure are good aren't they?
 

Grrr...

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9,694
2,267
Detroit
Other than minimum wage, what regulations are there now? How are there people out there making $100k? Are corporations just stupid?
There are regulations supporting workers right to organize - though corporations and republicans have been doing their best to destroy those. Those well paying union jobs help set a benchmark that almost all other wages are related to in some way. Teamsters. UAW. NEA. SEI.

There are 'people' out there making 100,000 a year because they offer something to their company that's more than below average. Even salaried positions benefit hugely from the union pay scales, because they set a baseline of 'worth' for an employee in the company.

I like how you make bad strawman arguments. At least make a good one.
 

SloopJonB

Super Anarchist
67,180
11,579
Great Wet North
Why is it that businesses are complaining, and guys who see themselves as "entrepreneurs" like you, are whining they can't hire workers? Or complaining that people don't want to work?

Is it because they make sure outstanding workers are prized, or is it because they expect to get average workers for shit wages?

I must not understand the system, I just ended up doing well enough to have a waterfront home, some nice boats, retire early, be a volunteer sailing coach with my free time.
The corporate world has been engaged in a race to the bottom re: staff since the 80's. Cutting benefits, stagnating or reducing pay etc. etc. etc.

They are now reaping the whirlwind they sowed all those years and can't understand why.

I suspect that employers who refer to their staff as "associates", "human capital" and other such terms are the most puzzled of all.
 
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