Corps ask "How LITTLE can we pay them?" instead of "What is a fair wage?"

[ZRT2209]

[The Magistrate]

1. Exactly, Sir

And that is the problem; the whole ethos of business is to gouge, and gouge as deeply as can be managed.

[MADem]

3. OK, I am stupid--are we talking about corporations, or the USMC? nt

[The Magistrate]

4. I Doubt The Reference Was To Marines, Sir....

[MADem]

5. It depends on your frame of reference! I thought CORPS--as in USMC.

Really.

I only thought "corporations" after I saw your post!

I agree with the sentiment, I suppose my confusion was useful in kicking the thread, if nothing else.

[MADem]

2. The Magistrate Explains It All... nt

[Brickbat]

6. And for the most part, many say, "Ooo, that sucks, but I'll take it. It could be worse."

[hedgehog]

7. Well, of course they do! Corporations as currently structured are meant to maximize profits!

Anything they do for the public welfare is directed to increase profits, as well.

Henry Ford didn't raise wages so his employees could buy cars. He raised wages because the work was so mind numbing that the men he hired took their first pay packet, spent the week-end getting as drunk as possible and never returned the following week. Every Monday was spent training new employees. He had to raise the wages to outweigh the stress of the assembly line.

[Brickbat]

8. Because really, the answer is simply "As much as the workers let us get away with."

[cthulu2016]

9. That is what they are supposed to ask

The problem is not greedy business. The problem is everything else in the world that does or does not weigh against the natural and expected desire that people want to pay less for things.

Any solution that depends on business being nicer is useless, so there's no point blaming business for being business.


Regulation (like the federal minimum wage, for instance) regulates what people would do absent regulation. It is government's job to regulate business, not business' job.

[ZRT2209]

10. employees are also CUSTOMERS, and their lack of buying power tanks the economy

so it is in a business' interest to pay a fair wage, as stated by Henry Ford and J. Paul Getty

[TampaAnimusVortex]

13. This is the only calculation that is done is relation to wages for almost all businesses...

[randome]

16. You mean a business' LONG term advantage.

Short-term, the CEOs don't give a shit. Which is why we need real laws and regulations to rein them in. Nothing will change by pointing out the unfairness of things.
[hr][font color="blue"][center]Don't ever underestimate the long-term effects of a good night's sleep.[/center][/font][hr]

[cthulu2016]

18. That thinking turned out to be superceded by internationalism

[randome]

14. Exactly right. Only laws and regulations rein in corporate excess and natural human greed.

It's a shame we have a disfunctional Congress.
[hr][font color="blue"][center]Don't ever underestimate the long-term effects of a good night's sleep.[/center][/font][hr]

[Initech]

11. I think it's way past time we started asking these questions:

1. How much fucking profit does a corporation need to survive?

2.When the CEO makes 475 times the average worker, why are we the ones constantly being asked to sacrifice?

Fuck the CEOs and Wall St.

[ZRT2209]

12. abuse of the system, abuse of power over employees allows them to keep more and more of the pie

for themselves (the corporations) and those who run them.

There is running a business, and then there is abuse.

[Initech]

15. 30 years of not questioning how horrible Reagonmics is also got us here.

[A HERETIC I AM]

17. As Chris Rock said....

"Paying minimum wage means a company is telling you 'we would pay you less but that's illegal.'"

[Skittles]

19. he nails it

yes INDEED