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RE: CEOs work harder every hour than their wage slaves do every season.
January 26, 2014 at 11:25 pm
(January 26, 2014 at 11:20 pm)Lemonvariable72 Wrote: Actually I think that if we had a true libertarian system this would not happen as they would be too much competition for them to take those wages. As it is with mixed economies they lobby the government to do whatever they want.
They lobby the government mostly because the government sets limits they could not abrogate in any way.
If we had a true libertarian system, nothing could stop businesses from becoming the government.
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RE: CEOs work harder every hour than their wage slaves do every season.
January 26, 2014 at 11:32 pm
(This post was last modified: January 27, 2014 at 12:00 am by Cyberman.)
(January 26, 2014 at 10:13 pm)Cthulhu Dreaming Wrote: (January 26, 2014 at 10:07 pm)kılıç_mehmet Wrote: What is the minimum wage in the US for skilled workers?
The same as it is for unskilled. Which is to say, not much. $7.25 per hour.
Over here, the adult minimum wage (over 21) rose last October to £6.31, or $10.40.
Edit: Curses, I got my currency signs mixed up.)
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RE: CEOs work harder every hour than their wage slaves do every season.
January 26, 2014 at 11:40 pm
(January 26, 2014 at 11:25 pm)Ryantology (╯°◊°)╯︵ ══╬ Wrote: (January 26, 2014 at 11:20 pm)Lemonvariable72 Wrote: Actually I think that if we had a true libertarian system this would not happen as they would be too much competition for them to take those wages. As it is with mixed economies they lobby the government to do whatever they want.
They lobby the government mostly because the government sets limits they could not abrogate in any way.
If we had a true libertarian system, nothing could stop businesses from becoming the government.
Hell, they're virtually he government already. I mean, they already skirt around the law and on the rare ocassions that they are actually called on it, they never seem to get much more than a slap on the wrists. The only millionaires that ever get in trouble are the ones who screw over other millionaires (like Bernie Madoff and Ken Lay). Then they buy up all the media outlets to make sure nobody is talking about how they've screwed the system against everyone else.
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RE: CEOs work harder every hour than their wage slaves do every season.
January 26, 2014 at 11:58 pm
(January 26, 2014 at 11:40 pm)TaraJo Wrote: Hell, they're virtually he government already. I mean, they already skirt around the law and on the rare ocassions that they are actually called on it, they never seem to get much more than a slap on the wrists. The only millionaires that ever get in trouble are the ones who screw over other millionaires (like Bernie Madoff and Ken Lay). Then they buy up all the media outlets to make sure nobody is talking about how they've screwed the system against everyone else.
Which is why I don't understand the logic that leads to the idea that lifting regulations is going to make corporations stop doing the very things that make regulations necessary.
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RE: CEOs work harder every hour than their wage slaves do every season.
January 27, 2014 at 12:11 am
(January 26, 2014 at 11:58 pm)Ryantology (╯°◊°)╯︵ ══╬ Wrote: (January 26, 2014 at 11:40 pm)TaraJo Wrote: Hell, they're virtually he government already. I mean, they already skirt around the law and on the rare ocassions that they are actually called on it, they never seem to get much more than a slap on the wrists. The only millionaires that ever get in trouble are the ones who screw over other millionaires (like Bernie Madoff and Ken Lay). Then they buy up all the media outlets to make sure nobody is talking about how they've screwed the system against everyone else.
Which is why I don't understand the logic that leads to the idea that lifting regulations is going to make corporations stop doing the very things that make regulations necessary.
Exact reason they want them lifted.
The lobby machine has made it so the needs of corporations come before the needs of the people.
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RE: CEOs work harder every hour than their wage slaves do every season.
January 27, 2014 at 12:20 am
(January 26, 2014 at 11:25 pm)Ryantology (╯°◊°)╯︵ ══╬ Wrote: (January 26, 2014 at 11:20 pm)Lemonvariable72 Wrote: Actually I think that if we had a true libertarian system this would not happen as they would be too much competition for them to take those wages. As it is with mixed economies they lobby the government to do whatever they want.
They lobby the government mostly because the government sets limits they could not abrogate in any way.
If we had a true libertarian system, nothing could stop businesses from becoming the government. Why do you say that, the government would still be there, we would still have a elected assembly, just they would not interfer directly in the free market. A educated and vested public with good free market competition is far more effective then having the government being involved.
To-morrow, and to-morrow, and to-morrow,
Creeps in this petty pace from day to day,
To the last syllable of recorded time;
And all our yesterdays have lighted fools
The way to dusty death. Out, out, brief candle!
Life's but a walking shadow, a poor player,
That struts and frets his hour upon the stage,
And then is heard no more. It is a tale
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RE: CEOs work harder every hour than their wage slaves do every season.
January 27, 2014 at 12:22 am
(January 26, 2014 at 11:32 pm)Stimbo Wrote: (January 26, 2014 at 10:13 pm)Cthulhu Dreaming Wrote: The same as it is for unskilled. Which is to say, not much. $7.25 per hour.
Over here, the adult minimum wage (over 21) rose last October to £6.31, or $10.40.
Edit: Curses, I got my currency signs mixed up.)
The state I live in (Washington) has a minimum wage higher than that required by federal law - at 9.31 per hour, it's the highest in the nation. There are at least a few states that have a state minimum wage for non-tipped employees that is lower than the federal minimum.
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RE: CEOs work harder every hour than their wage slaves do every season.
January 27, 2014 at 12:44 am
(January 27, 2014 at 12:20 am)Lemonvariable72 Wrote: Why do you say that, the government would still be there, we would still have a elected assembly, just they would not interfer directly in the free market. A educated and vested public with good free market competition is far more effective then having the government being involved.
A government which can't interfere with the 'free' market is a government certain to fall victim to it. The 'free' market would destroy competition because competition is not in the interests of any individual company in any market. The absolute best we could ever hope for in this situation would be to blindly and dumbly hope that every corporation would agree, against their own benefit, to operate ethically, because realistically, there is no force on earth that could compel them to. Honestly, I'd almost rather take my chances on God existing.
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RE: CEOs work harder every hour than their wage slaves do every season.
January 27, 2014 at 1:24 am
(January 27, 2014 at 12:44 am)Ryantology (╯°◊°)╯︵ ══╬ Wrote: The absolute best we could ever hope for in this situation would be to blindly and dumbly hope that every corporation would agree, against their own benefit, to operate ethically,
Unfortunately, that ain't gonna happen. Survival of the fittest even applies to corporations. The companies that are ethical would be instantly squashed by the unethical companies.
But, as long as we're applyin the rules of evolution to companies like that, let's take a look at the governments role in this. See, survival of the fittest says that the organism (or company) that is best suited to its environment will survive. What the government can do is change the environment so that the ethical companies are more suited to survival. Set strict rules they have to follow, enforce those rules and when they're broken, give them harsh enough penalties to prevent future rule breaking. Laizze-faire capitalism has created an environment where corrupt companies are more suited to survival.
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RE: CEOs work harder every hour than their wage slaves do every season.
January 27, 2014 at 1:42 am
(January 27, 2014 at 12:44 am)Ryantology (╯°◊°)╯︵ ══╬ Wrote: (January 27, 2014 at 12:20 am)Lemonvariable72 Wrote: Why do you say that, the government would still be there, we would still have a elected assembly, just they would not interfer directly in the free market. A educated and vested public with good free market competition is far more effective then having the government being involved.
A government which can't interfere with the 'free' market is a government certain to fall victim to it. The 'free' market would destroy competition because competition is not in the interests of any individual company in any market. The absolute best we could ever hope for in this situation would be to blindly and dumbly hope that every corporation would agree, against their own benefit, to operate ethically, because realistically, there is no force on earth that could compel them to. Honestly, I'd almost rather take my chances on God existing. Listen the only force that keeps a corporation in check is another corporation.
To-morrow, and to-morrow, and to-morrow,
Creeps in this petty pace from day to day,
To the last syllable of recorded time;
And all our yesterdays have lighted fools
The way to dusty death. Out, out, brief candle!
Life's but a walking shadow, a poor player,
That struts and frets his hour upon the stage,
And then is heard no more. It is a tale
Told by an idiot, full of sound and fury,
Signifying nothing.
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