Capitalism =/= paying your employees as little as possible

[kalm]

We've fallen into the trap that everything should be easy and we don't need to bust it to do well. I'm not sure when that happened and when we, as a country, decided that hard work isn't necessary anymore, but it's becoming entrenched and many people are being shocked by the implications of not working hard anymore

Try starting with FDR and finishing with LBJ...it's therapeutic.

[ASUG8]

Day one of my first college management class I was told "the primary goal of a business is to maximize shareholder wealth". I get that, because it's difficult to grow your business, fund acquisitions, gain capital for improvements/growth, etc. without having adequate cash flows to make that happen and provide enough return to shareholders to keep them interested. That being said, companies generally pay market rates for wages - if Burger King pays $.25/hr. more than McD's, then employees have a choice. Companies can't chronically underpay in a given market without experiencing reduced morale, reduced output, and high attrition assuming the market is large enough to allow employees to move to other companies. If somebody is doing a great job and feel they're underpaid, the company can opt to pay them more or potentially lose them.

It could always be worse. China took our manufacturing base, but at what cost?

Yu's job was inspecting screens to ensure they weren't scratched. She woke at 6:30 a.m., attended an unpaid meeting at 7:20 a.m. and started work 20 minutes later. Lunch was at 11 a.m. and she usually skipped dinner to work until 7:40 p.m. -- a 12 hour day. Technicians from the engineering department time every task and, if workers can meet the quotas, the targets are increased. Anyone unable to meet their hourly quota is not allowed to rest. Conversation in the workshop was forbidden.

To achieve targets, Yu had to adopt a particular posture, her stool had to stay within yellow and black lines; every movement was studied, rationalized and standardized for maximum efficiency. Although Yu made no mistakes, she saw others punished by being made to stand at attention for hours or endure a public humiliation of reading statements of self-criticism.

http://www.cbsnews.com/8301-505124_162- ... -suicides/" onclick="window.open(this.href);return false;

[houndawg]

It's posts and threads and articles like this that just cement the fact that we are turning into a stupid, stupid country. And that's even before we adopt the Common Core and have test results showing how stupid we really are. This article just doesn't get it - life isn't going to be easy and simple where you just show up to work, spend 8 hours there, and get paid more than enough money to buy all the things you could ever want to have, regardless of the effort you put in. There's no getting around the fact that if you want more things in life, you need to work hard for it. We've fallen into the trap that everything should be easy and we don't need to bust it to do well. I'm not sure when that happened and when we, as a country, decided that hard work isn't necessary anymore, but it's becoming entrenched and many people are being shocked by the implications of not working hard anymore. Work hard in school, study, and then bust your hump when you get into the real world, and you won't be stuck writing articles about how big bad corporations should pay you more money simply because you want more money. And parents and families need to foster the atmosphere in their kids lives to have them be able to do that. Unfortunately, that doesn't happen enough and we end up with the houndawgs of the world trying to get enough malcontents together to take what they didn't work hard to earn. No one ever said life on this planet was easy or a cakewalk, so we should stop complaining that it isn't.

You simpering, chairborne, soft east coast pussies don't know what real work is. Come on out to the farm and we'll see who has a work ethic.

Better you stay in your air conditioned cubicles and talk about how hard you "work" and how kids have it easy today.

[AZGrizFan]

Great post - this is what is ruining America

You really are an idiot.

This entire country has been scammed into buying unnecessary things...and then they complain they don't have enough money.

Seriously, are you saying people don't have enough money with which to live?

Try this...stop buying food at restaurants. Instead, buy basics and make meals. You will save a boatload of money on food (and "medicine"), you will be healthier, and feel better. Instead of paying $180/month for phone, internet, and cable TV (with the sports channels, HBO, and other unneeded crap), go to the library when you want to surf the net and check out some books that will educate you on things such as investing, good health, and any other subject you wish to learn. Drop the health club membership and walk around the nearest park. Stop spending money on cigarettes and beer. Don't ever buy a new car...you are just throwing money away. Take your money out of the typical bank and get yourself to a credit union - there is no reason to pay a bank fees to keep your money - and stay away from those check cashing places.

Stop renting...a huge waste of money. Move in with another group of people for a few years (friends, family, co-workers) to save money, keep your legs closed, learn to fix up the place instead of calling a $100/hour plumber/electrician (there are free books in the library that can help you learn and free instruction at Home Depot and other area places). Turn off the g-damned cell phone service that you don't NEED.

SAVE AND INVEST YOUR MONEY. Create your own generational wealth instead of wasting everything you have on crap while still wanting more.

Cripes, we have 18-year-old kids popping out babies and getting free housing and food stamps...and then they complain about not making enough at the local Burger King or Wal-Mart. As though they "deserve" to earn more so that they can keep up with those who made better choices. Are you kidding me?

Americans have been sold the American Dream of owning a house, or renting a "place of their own", at an early age, buying all sorts of unneeded gizmos so that they can keep up with the Joneses. What a crock of crap. Nobody needs a tenth of the stuff they consider "necessary."

Anyone can save money if they make the right choices...and make sacrifices with a long term goal in mind. But, ohhhhhhh no. To a Lib, it is criminal to make someone sacrifice consumer goods in order to plan out a better future.

Fucking ripped the tits off, Cluck, as usual.

/thread.

[Pwns]

It's posts and threads and articles like this that just cement the fact that we are turning into a stupid, stupid country. And that's even before we adopt the Common Core and have test results showing how stupid we really are. This article just doesn't get it - life isn't going to be easy and simple where you just show up to work, spend 8 hours there, and get paid more than enough money to buy all the things you could ever want to have, regardless of the effort you put in. There's no getting around the fact that if you want more things in life, you need to work hard for it. We've fallen into the trap that everything should be easy and we don't need to bust it to do well. I'm not sure when that happened and when we, as a country, decided that hard work isn't necessary anymore, but it's becoming entrenched and many people are being shocked by the implications of not working hard anymore. Work hard in school, study, and then bust your hump when you get into the real world, and you won't be stuck writing articles about how big bad corporations should pay you more money simply because you want more money. And parents and families need to foster the atmosphere in their kids lives to have them be able to do that. Unfortunately, that doesn't happen enough and we end up with the houndawgs of the world trying to get enough malcontents together to take what they didn't work hard to earn. No one ever said life on this planet was easy or a cakewalk, so we should stop complaining that it isn't.

A lot of what you are saying is true, but these corporate profits aren't sitting around doing nothing because they don't think there are enough people out there worth hiring.

There's just to much uncertainty in terms of what will happen with corporate taxes, obamacare taking effect, and just the economy in general. Don't see how people working harder en masse is going to help that.

[CAA Flagship]

It's posts and threads and articles like this that just cement the fact that we are turning into a stupid, stupid country. And that's even before we adopt the Common Core and have test results showing how stupid we really are. This article just doesn't get it - life isn't going to be easy and simple where you just show up to work, spend 8 hours there, and get paid more than enough money to buy all the things you could ever want to have, regardless of the effort you put in. There's no getting around the fact that if you want more things in life, you need to work hard for it. We've fallen into the trap that everything should be easy and we don't need to bust it to do well. I'm not sure when that happened and when we, as a country, decided that hard work isn't necessary anymore, but it's becoming entrenched and many people are being shocked by the implications of not working hard anymore. Work hard in school, study, and then bust your hump when you get into the real world, and you won't be stuck writing articles about how big bad corporations should pay you more money simply because you want more money. And parents and families need to foster the atmosphere in their kids lives to have them be able to do that. Unfortunately, that doesn't happen enough and we end up with the houndawgs of the world trying to get enough malcontents together to take what they didn't work hard to earn. No one ever said life on this planet was easy or a cakewalk, so we should stop complaining that it isn't.

A lot of what you are saying is true, but these corporate profits aren't sitting around doing nothing because they don't think there are enough people out there worth hiring.

There's just to much uncertainty in terms of what will happen with corporate taxes, obamacare taking effect, and just the economy in general. Don't see how people working harder en masse is going to help that.

Zactly

[Grizalltheway]

A lot of what you are saying is true, but these corporate profits aren't sitting around doing nothing because they don't think there are enough people out there worth hiring.

There's just to much uncertainty in terms of what will happen with corporate taxes, obamacare taking effect, and just the economy in general. Don't see how people working harder en masse is going to help that.

Zactly

Yeah. Great excuse for companies to wring as much as they can out of an already hyper-productive workforce, most of whom are too terrified of losing their jobs to complain about it.

[Pwns]

Zactly

Yeah. Great excuse for companies to wring as much as they can out of an already hyper-productive workforce, most of whom are too terrified of losing their jobs to complain about it.

That profits corporations are making could be used in any number of ways that don't involve raising pay or benefits for workers, but they aren't. Why is that?

[ALPHAGRIZ1]

the worst of it these mealy-mouthed weasels will look straight at you and talk about how "our greatest resource is our people".

Remember the good old days when the Red Brigades used to kneecap those slimy fvcks on the street? That's what we need more of in this country.

They are already giving you a job, they dont owe you anything else. If you dont like it feel free to quit and start your own business that competes with them since you guys always know how to run businesses better than the guys doing it.

What a surprise all of you work for somebody and dont know the first thing about running a business.....just like guns, wolves and everything else you lib guys know nothing about yet run your mutherfu*king cockholsters.

[ALPHAGRIZ1]

Great post - this is what is ruining America

You really are an idiot.

This entire country has been scammed into buying unnecessary things...and then they complain they don't have enough money.

Seriously, are you saying people don't have enough money with which to live?

Try this...stop buying food at restaurants. Instead, buy basics and make meals. You will save a boatload of money on food (and "medicine"), you will be healthier, and feel better. Instead of paying $180/month for phone, internet, and cable TV (with the sports channels, HBO, and other unneeded crap), go to the library when you want to surf the net and check out some books that will educate you on things such as investing, good health, and any other subject you wish to learn. Drop the health club membership and walk around the nearest park. Stop spending money on cigarettes and beer. Don't ever buy a new car...you are just throwing money away. Take your money out of the typical bank and get yourself to a credit union - there is no reason to pay a bank fees to keep your money - and stay away from those check cashing places.

Stop renting...a huge waste of money. Move in with another group of people for a few years (friends, family, co-workers) to save money, keep your legs closed, learn to fix up the place instead of calling a $100/hour plumber/electrician (there are free books in the library that can help you learn and free instruction at Home Depot and other area places). Turn off the g-damned cell phone service that you don't NEED.

SAVE AND INVEST YOUR MONEY. Create your own generational wealth instead of wasting everything you have on crap while still wanting more.

Cripes, we have 18-year-old kids popping out babies and getting free housing and food stamps...and then they complain about not making enough at the local Burger King or Wal-Mart. As though they "deserve" to earn more so that they can keep up with those who made better choices. Are you kidding me?

Americans have been sold the American Dream of owning a house, or renting a "place of their own", at an early age, buying all sorts of unneeded gizmos so that they can keep up with the Joneses. What a crock of crap. Nobody needs a tenth of the stuff they consider "necessary."

Anyone can save money if they make the right choices...and make sacrifices with a long term goal in mind. But, ohhhhhhh no. To a Lib, it is criminal to make someone sacrifice consumer goods in order to plan out a better future.

How dare you ask for personal responsibility you nazi warload!

Great fu*king post and there isnt one thing a sane person could argue with.

[ALPHAGRIZ1]

You simpering, chairborne, soft east coast pussies don't know what real work is. Come on out to the farm and we'll see who has a work ethic.

Farmer?

Now it all makes sense, the biggest "welfare" recipients on Gods green earth! You bastards make oil companies look like saints when it comes to taking liberties with subsidies and leases!

[Chizzang]

Honestly... worker production has dropped through the floor to match the crappy pay
People know they're getting under-payed
and thus meander and half-ass their way through their corporate day

We all pretty much get what we pay for
The same goes for Corporations that under-pay / they get lazy sloppy work for the crappy wage they offer

American worker productivity is at an all time high.

Wait a second
According to who exactly..?
Americans have never spent more hours at work - true - but don't confuse activity with progress
I would argue because of the wage disparity which is large and is noticed by the average worker
Your average worker says: Go ahead fire me

Most people making in the $40k & $50k range have this attitude:
I'm underpaid and could not care less about this job or this company - F-off - and fire me

[kalm]

Yeah. Great excuse for companies to wring as much as they can out of an already hyper-productive workforce, most of whom are too terrified of losing their jobs to complain about it.

That profits corporations are making could be used in any number of ways that don't involve raising pay or benefits for workers, but they aren't. Why is that?

And......we're back to main thrust of the article...complete with Alpha's...'if you don't like it, start your own business' meme the author actually mentioned.

It sounds like a few of you posting didn't read the entire article.

[ASUG8]

What made America a great country was that we started out with no rivals on the global stage and created a huge manufacturing base with assembly lines and what were (at the time) other cutting edge techniques. We were able to milk that technological advantage until other countries began to catch on. In the 70's if it was stamped "made in Japan" it was considered to be of inferior quality - same could be said of Korea. Today the Japanese car industry is at or near the top of efficiency and quality, far outshining that of US manufacturers whose union contracts made their wages noncompetitive. Korean vehicles were once maligned and now are growing at a rapid rate and on much improved quality. NAFTA in the 90's moved much of our manufacturing base to Mexico, which was in turn gobbled up by China as a low cost producer.

Plus one of our biggest exports to our competing nations is our higher education system. Teach 'em everything we know, then let them repatriate it and use it against us. 'Merica!

[ASUG8]

That profits corporations are making could be used in any number of ways that don't involve raising pay or benefits for workers, but they aren't. Why is that?

And......we're back to main thrust of the article...complete with Alpha's...'if you don't like it, start your own business' meme the author actually mentioned.

It sounds like a few of you posting didn't read the entire article.

But wouldn't you agree that's true? It's the classic risk/return (reward) argument. If I as a business owner fork over all or most of my assets or pledge them as collateral to buy equipment, fund working capital, fund paychecks, etc. shouldn't I be entitled to manage the proceeds as I see fit?

[ALPHAGRIZ1]

And......we're back to main thrust of the article...complete with Alpha's...'if you don't like it, start your own business' meme the author actually mentioned.

It sounds like a few of you posting didn't read the entire article.

But wouldn't you agree that's true? It's the classic risk/return (reward) argument. If I as a business owner fork over all or most of my assets or pledge them as collateral to buy equipment, fund working capital, fund paychecks, etc. shouldn't I be entitled to manage the proceeds as I see fit?

HELL NO!

These guys are entitled to run your business because you suck at it and they can do it better. The fact that you think its your business shows just how selfish you really are..........


You couldnt have built your business up without the governments help anyway.

[Chizzang]

But wouldn't you agree that's true? It's the classic risk/return (reward) argument. If I as a business owner fork over all or most of my assets or pledge them as collateral to buy equipment, fund working capital, fund paychecks, etc. shouldn't I be entitled to manage the proceeds as I see fit?

HELL NO!

These guys are entitled to run your business because you suck at it and they can do it better. The fact that you think its your business shows just how selfish you really are..........


You couldnt have built your business up without the governments help anyway.

Actually some truth in that post (however accidental)
A guy can start a business under just about any circumstances
Somalians have local business as well - it's just run a little differently - due to no functional gov't

having law and order and roads and civil engineering simply "changes" the business
It is not the limiting factor that Liberals would like us to believe

Somalian Pirating and Gun running is HUGE business

[BisonMav]

Somalian Pirating and Gun running is HUGE business

Moving to Minnesota! There are several Somali immigrant owned enterprises in Minnesota. There are about 25,000 Somali immigrants in the state.

[CAA Flagship]

It's posts and threads and articles like this that just cement the fact that we are turning into a stupid, stupid country. And that's even before we adopt the Common Core and have test results showing how stupid we really are. This article just doesn't get it - life isn't going to be easy and simple where you just show up to work, spend 8 hours there, and get paid more than enough money to buy all the things you could ever want to have, regardless of the effort you put in. There's no getting around the fact that if you want more things in life, you need to work hard for it. We've fallen into the trap that everything should be easy and we don't need to bust it to do well. I'm not sure when that happened and when we, as a country, decided that hard work isn't necessary anymore, but it's becoming entrenched and many people are being shocked by the implications of not working hard anymore. Work hard in school, study, and then bust your hump when you get into the real world, and you won't be stuck writing articles about how big bad corporations should pay you more money simply because you want more money. And parents and families need to foster the atmosphere in their kids lives to have them be able to do that. Unfortunately, that doesn't happen enough and we end up with the houndawgs of the world trying to get enough malcontents together to take what they didn't work hard to earn. No one ever said life on this planet was easy or a cakewalk, so we should stop complaining that it isn't.

You simpering, chairborne, soft east coast pussies don't know what real work is. Come on out to the farm and we'll see who has a work ethic.

Better you stay in your air conditioned cubicles and talk about how hard you "work" and how kids have it easy today.

You work hard on the farm. I sit in my air conditioned office all day on the east coast. I wouldn't have it any other way.

[BDKJMU]

You really are an idiot.

This entire country has been scammed into buying unnecessary things...and then they complain they don't have enough money.

Seriously, are you saying people don't have enough money with which to live?

Try this...stop buying food at restaurants. Instead, buy basics and make meals. You will save a boatload of money on food (and "medicine"), you will be healthier, and feel better. Instead of paying $180/month for phone, internet, and cable TV (with the sports channels, HBO, and other unneeded crap), go to the library when you want to surf the net and check out some books that will educate you on things such as investing, good health, and any other subject you wish to learn. Drop the health club membership and walk around the nearest park. Stop spending money on cigarettes and beer. Don't ever buy a new car...you are just throwing money away. Take your money out of the typical bank and get yourself to a credit union - there is no reason to pay a bank fees to keep your money - and stay away from those check cashing places.

Stop renting...a huge waste of money. Move in with another group of people for a few years (friends, family, co-workers) to save money, keep your legs closed, learn to fix up the place instead of calling a $100/hour plumber/electrician (there are free books in the library that can help you learn and free instruction at Home Depot and other area places). Turn off the g-damned cell phone service that you don't NEED.

SAVE AND INVEST YOUR MONEY. Create your own generational wealth instead of wasting everything you have on crap while still wanting more.

Cripes, we have 18-year-old kids popping out babies and getting free housing and food stamps...and then they complain about not making enough at the local Burger King or Wal-Mart. As though they "deserve" to earn more so that they can keep up with those who made better choices. Are you kidding me?

Americans have been sold the American Dream of owning a house, or renting a "place of their own", at an early age, buying all sorts of unneeded gizmos so that they can keep up with the Joneses. What a crock of crap. Nobody needs a tenth of the stuff they consider "necessary."

Anyone can save money if they make the right choices...and make sacrifices with a long term goal in mind. But, ohhhhhhh no. To a Lib, it is criminal to make someone sacrifice consumer goods in order to plan out a better future.

**** ripped the tits off, Cluck, as usual.

/thread.

Yep. POTY nomination?

[BDKJMU]

Somalian Pirating and Gun running is HUGE business

Moving to Minnesota! There are several Somali immigrant owned enterprises in Minnesota. There are about 25,000 Somali immigrants in the state.

Which brings me to a point.
Africa and Somalia- very hot climates.

Probably the 2 states in the lower 48 with the coldest climates- Maine and Minnesota.

2 of the whitest states in the country- Maine and Minnesota.

The 2 states in the lower 48 that it made the least sense to relocate Somali refugees- Maine and Minnesota.

The 2 states that Somali refugees were relocated to....Maine and Minnesota.

What kind of f'ing idiots decided to do that? Makes zero sense. It would have made far more sense to send them where it was much hotter with a lot more black people, like the deep South.

[CID1990]

It's posts and threads and articles like this that just cement the fact that we are turning into a stupid, stupid country. And that's even before we adopt the Common Core and have test results showing how stupid we really are. This article just doesn't get it - life isn't going to be easy and simple where you just show up to work, spend 8 hours there, and get paid more than enough money to buy all the things you could ever want to have, regardless of the effort you put in. There's no getting around the fact that if you want more things in life, you need to work hard for it. We've fallen into the trap that everything should be easy and we don't need to bust it to do well. I'm not sure when that happened and when we, as a country, decided that hard work isn't necessary anymore, but it's becoming entrenched and many people are being shocked by the implications of not working hard anymore. Work hard in school, study, and then bust your hump when you get into the real world, and you won't be stuck writing articles about how big bad corporations should pay you more money simply because you want more money. And parents and families need to foster the atmosphere in their kids lives to have them be able to do that. Unfortunately, that doesn't happen enough and we end up with the houndawgs of the world trying to get enough malcontents together to take what they didn't work hard to earn. No one ever said life on this planet was easy or a cakewalk, so we should stop complaining that it isn't.

You simpering, chairborne, soft east coast pussies don't know what real work is. Come on out to the farm and we'll see who has a work ethic.

Better you stay in your air conditioned cubicles and talk about how hard you "work" and how kids have it easy today.

I guarantee you I took at least 5 years off my life working my fingers to the bone on the farm until I left home, and then summers while in college, and it took me 3 years after college to land a job that wouldn't be considered "laborer".

So talk to the hand about how you rode a combine all day, Cornpone.

[kalm]

HELL NO!

These guys are entitled to run your business because you suck at it and they can do it better. The fact that you think its your business shows just how selfish you really are..........


You couldnt have built your business up without the governments help anyway.

Actually some truth in that post (however accidental)
A guy can start a business under just about any circumstances
Somalians have local business as well - it's just run a little differently - due to no functional gov't

having law and order and roads and civil engineering simply "changes" the business
It is not the limiting factor that Liberals would like us to believe

Somalian Pirating and Gun running is HUGE business

I'm detecting a slight hint of sarcasm here....

But just in case...the whole point of this article is not to take away anyone's right to run their business as they see fit or to take away the right to not be appreciative of the advantages our SYSTEM offers their business.

It's an observation about values. It's a BIG picture/societal discussion.

The degree of butt hurt and fear of criticism runs strong with you conks.

[YoUDeeMan]

...the whole point of this article is not to take away anyone's right to run their business as they see fit or to take away the right to not be appreciative of the advantages our SYSTEM offers their business.

It's an observation about values. It's a BIG picture/societal discussion.

The degree of butt hurt and fear of criticism runs strong with you conks.

Values have been trashed for some time...on both sides of the ledger; a fact neglected by the writer.

Paying people more does not equate to loyalty. In fact, the very employees who attach their "loyalty" to a company due to their higher pay are the ones who will bolt in a heartbeat for a better paycheck.

The idea that a company should pay a worker more money so that the worker can go out and buy more stuff, and more services, is ridiculous - unless, of course, you would like to recreate the artificial, company-owned towns of the past. Sure, during those days a company actually grew and made more profits from expanding their little empire to include ensnaring people into working hard and then using all their money to pay for every other thing the company provided.

But what this guy is proposing is that every company pay all their workers more so that the American capitalistic economy, as a whole, can "grow", but without regard to the success or bottom line of each individual business. As if it is every company's unselfish duty to contribute their "fair share" to what this author thinks would be a greater society.

[houndawg]

You simpering, chairborne, soft east coast pussies don't know what real work is. Come on out to the farm and we'll see who has a work ethic.

Farmer?

Now it all makes sense, the biggest "welfare" recipients on Gods green earth! You bastards make oil companies look like saints when it comes to taking liberties with subsidies and leases!

Way to small to qualify for any of that. All that welfare goes to the big corporate farmers like the ones in Montana.

I'm just a part-timer fitting it in around an airport job and a rental property business.