If a country manages to keep personal gain out of politics, for example, by harsh anti-corruption laws, and monitoring the economy of elected officials closely, you can actually tax the rich more, and it will benefit society. Not saying that a CEO should make the same as the receptionist, but just reversing the trend of today, and make sure the rich are only kings among peasants, and not gods among insects.
Mother pus bucket!
Do the people that built your house, the roads you drive on, or the indoor plumbing and electricity you use worth less than some corporate hack who's sole purpose is to crush other companies and by doing so also crush other peoples' lives? A fairly common practice these days. Which do you think you could live without first?
I get that, and it works for them for the reason that someone explained above. Mine is just a general statement that it would be impossible to implement on a national level for the whole population. I may or may not have knee-jerked a reaction. I'll never tell... unless I just did.
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I don't disagree with you. Here in the US, the corruption has been left to grow for far too long. It's too deeply rooted in the system to be excised without destroying the whole system in the process. The only way to "fix" it would be to destroy the whole system and rebuild it, but we aren't going to do that because we can't agree on a system that works. With nothing to replace it, this is the system we're stuck with until someone comes and changes it for us. Whether it be from within our own community, or from outside "influence'. Even then we would just effectively be replacing one bad system with another because, even with the best intention, all systems are corruptible. Except for one: Natural Selection.
I derailed it. I'm sorry. I'll just go now.
Last edited by Surreality; 2019-03-31 at 03:54 PM.
What on earth does a private company's pay structure have to do with a government minimum wage? I get the impression the OP is trying to insinuate that a company surviving with an egalitarian pay structure is somehow proof that socialist minimum wages are economically valid or ethical, of which they are neither.
How is this Socialism?Rush Limbaugh declared, “I hope this company is a case study in M.B.A. programs on how socialism does not work, because it’s going to fail.”
Whoa whoa. That sounds suspiciously like trickle down economics. Wayyy to extremist
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They shouldn't.
We attach high value to the wrong jobs. Bin men are far more important than some random jerkoff who sits behind a counter in a bank all day.
Dragonflight Summary, "Because friendship is magic"
Nothing has inherent worth. Prices are driven by markets. Someone who can make a million a year for his company is worth more than a plumber because his work generates more earnings and there is a smaller supply of people capable of performing to that level.
Now if we lived in a dystopia in which the sanitation system was falling apart then plumbers would be worth whatever they wanted, people would be throwing money at them, same with builders and electricians. But we don't. Things generally work, there are a lot of skilled tradies around, they are cheap thanks to illegal immigration suppressing wages (thanks leftists!).
At the current time, financial services are one of the most in-demand markets for skilled work. In the future when AI takes over financial services the demand will switch to something else, just as how elite blacksmiths aren't as wealthy and demanded as they were hundreds of years ago.
You socialist kids have really fucked up ideas about economics, that is obvious. You think work has inherent worth. You think wealth is a zero-sum. This is what leads you to really stupid conclusions and political philosophies.
I really can't stand this mindset. "WAAAAAH OTHER PEOPLE ARE GETTING WHAT I'VE GOT!!!"
It's the same as in WoW. "But I raided for this gear and now Bliztard is going to put the same gear with less ilevel in LFR? THIS IS A SLAP IN MY FACE! Other people might have what I have!!!!!"
Putin khuliyo
You would be perfectly fine with slaving away at a job for years worth of meager wage increases to finally reach $70k/year, only for your boss to then start paying all of the newest/lowest/least experienced employees $70k/year as a publicity stunt while not paying you anything more?
This is my favourite bit:
Rush Limbaugh declared, “I hope this company is a case study in M.B.A. programs on how socialism does not work, because it’s going to fail.”
So according to Rush Limbaugh paying your employees a good wage is socialism.
Modern gaming apologist: I once tasted diarrhea so shit is fine.
"People who alter or destroy works of art and our cultural heritage for profit or as an excercise of power, are barbarians" - George Lucas 1988
It never indicated that people didn't get raises that were already there. The article says the new minimum was $70,000.
People who quit wanted more and that's just a temper tantrum on their part.
Also there's the point in the article where not everyone takes a job for the paycheck....
The pay raise also helped attract new employees — including some who yearned to join a company with values. Tammi Kroll, a Yahoo executive, took an 80 percent pay cut to move to Gravity, where she is now chief operating officer.
Last edited by Captain N; 2019-03-31 at 05:08 PM.
“You're not to be so blind with patriotism that you can't face reality. Wrong is wrong, no matter who does it or says it.”― Malcolm X
I watch them fight and die in the name of freedom. They speak of liberty and justice, but for whom? -Ratonhnhaké:ton (Connor Kenway)
What have the years of your life taught you to be?
"When I became a man I put away childish things, including the fear of childishness and the desire to be very grown up." - C.S. Lewis
Depends really. If there were people that worked their asses off to get where they got where they were being paid $70k a year and suddenly Melissa from the Barista booth is suddenly making the same amount for a fraction of the Work, of course people will be pissed off. Especially if the next jump up in Pay was out of reach for a while. You basically suddenly are told you are worth the same as people who are mostly worthless.
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You are comparing different Jobs/Fields vs People within the same company.
One thing worth noting is that this basically isn't an option for publicly traded companies who have a fiduciary responsibility to shareholders than workers. The only way it's feasible for a public company is if they're in a position to argue that this is actually a profit-maximizing strategy.
As someone that works at a privately held tech company, I certainly wouldn't be bothered by my company implementing something similar.