It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Thank you.
Some features of ATS will be disabled while you continue to use an ad-blocker.
originally posted by: strongfp
a reply to: tanstaafl
Unions were a direct response to capitalists over reaching for more and more and giving less and less.
originally posted by: strongfp
a reply to: Edumakated
Unions were never an idea planted by 'liberals' tho...
originally posted by: tanstaafl
originally posted by: strongfp
a reply to: Edumakated
Unions were never an idea planted by 'liberals' tho...
You are correct, that is totally a Socialist/Communist/Fascist thing.
originally posted by: dfnj2015
a reply to: Edumakated
I agree. Maybe unions are not the answer. Maybe the answer is having wages based on a system of shares. The company's profit is then divided among the workers according to a worker's number of shares. This way the CEO gets his lion share but the workers have incentive to be at their best productivity throughout the year. The number of shares each worker gets could also be higher based on the number of years of service to the company. Essentially wages are percentage based instead of random reasons that always end up causing the workers to be disgruntled.
originally posted by: dogstar23
Is it?
Isn't it employees banding together to say, "we will do this job for 'x' pay, and if you don't want to pay it, then none of us union members will do the job."?
Can't a business just say, "Thanks for the offer, but I'll have to pass", and hire non union workers?
If nobody wants to do a job for the pay they're willing to offer, isn't that the market adjusting accordingly?
originally posted by: dfnj2015
originally posted by: ketsuko
a reply to: Edumakated
Liberalism is always great when it's other people's money.
So have CEOs when it comes to ranking it in away from the workers.
originally posted by: face23785
originally posted by: dfnj2015
originally posted by: ketsuko
a reply to: Edumakated
Liberalism is always great when it's other people's money.
So have CEOs when it comes to ranking it in away from the workers.
This is a tired, old, debunked concept. CEO pay has virtually no impact on worker pay. Let me give you an example:
Walmart's CEO makes $24M. Walmart has 1.5 million employees. If you cut the CEO's pay to $50,000 a year and spread the other $23.95M around to the rest of the workers to make it "fair," they will get a raise of $16 PER YEAR. A whopping $1.33 a month raise by cutting the CEO pay down to something "fair."
In the meantime, Walmart would no longer be able to attract the best CEOs by paying only $50,000 a year and their business would probably suffer because of that, leading to lost jobs and eventually having to cut wages.
Like most progressive ideas, cutting CEO pay goes from a great idea to a terrible idea really fast if you apply a tiny bit of logical thought, and in this case some simple arithmetic. For some reason, this puts it beyond the understanding of many progressives.
originally posted by: Edumakated
originally posted by: face23785
originally posted by: dfnj2015
originally posted by: ketsuko
a reply to: Edumakated
Liberalism is always great when it's other people's money.
So have CEOs when it comes to ranking it in away from the workers.
This is a tired, old, debunked concept. CEO pay has virtually no impact on worker pay. Let me give you an example:
Walmart's CEO makes $24M. Walmart has 1.5 million employees. If you cut the CEO's pay to $50,000 a year and spread the other $23.95M around to the rest of the workers to make it "fair," they will get a raise of $16 PER YEAR. A whopping $1.33 a month raise by cutting the CEO pay down to something "fair."
In the meantime, Walmart would no longer be able to attract the best CEOs by paying only $50,000 a year and their business would probably suffer because of that, leading to lost jobs and eventually having to cut wages.
Like most progressive ideas, cutting CEO pay goes from a great idea to a terrible idea really fast if you apply a tiny bit of logical thought, and in this case some simple arithmetic. For some reason, this puts it beyond the understanding of many progressives.
Math and logic are hard for progressives. Amazing how easy it is to debunk the fat cat CEO meme with some basic math.