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Title: Doug Smith: The Maximum Wage
Source:
Naked Capitalism
URL Source: http://www.nakedcapitalism.com/2011 ... ug-smith-the-maximum-wage.html
Published: Jul 12, 2011
Author: Doug Smith
Post Date: 2011-07-12 10:54:37 by lucysmom
Keywords: None
Views: 20609
Comments: 35
We face severe and growing income inequality with negative effects on people and the economy. Yet, no surprise, the ‘can’t do’ right wing continues a scorched earth campaign against the minimum wage. These self-promoting haters actually prefer no wages and indentured servitude – for example using prisoners to replace employees and cheerfully promoting ‘internships’ for the unemployed. They glory in income inequality and wish it to expand instead of contract. Enough of that. They are destroyers of the American Dream. But people who seek to shrink income inequality — to insure life, liberty and the pursuit of happiness for all and not just some — must now focus as much on the maximum wage as the minimum wage. snip For those, however, receiving bailouts, deposit insurance, government guarantees, tax breaks, tax credits, other forms of public financing, government contracts of any sort – and so on – the top paid person cannot receive more than twenty-five times the bottom paid person. This ratio, by the way, is what business visionary Peter Drucker recommended as most effective for organization performance as well as society. It also echoes Jim Collins who, in his book Good To Great, found that the most effective top leaders are paid more modestly than unsuccessful ones. And, critically, it is a ratio that is in line with various European and other nations that have dramatically lower income inequality than the United States.
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Begin Trace Mode for Comment # 29.
#6. To: lucysmom (#0)
They only made it to the second sentence, before falling flat on their faces. This article goes back to the D vs. R false dichotomy, which can only result in nonsensical conclusions. Thus, there is only logical conclusion to your posting of this article:
Eric think he need post irrelevant pictures to his god(s)in lieu of actual blood sacrifice. The problem is... when will he know when god is appeased?
Keep bleating loonymom... Oh, I forgot, you're now whining-old. When do you switch to another screen-name, so you can continue to have a "conversation?" Whether this hour you're loonymom, whining-old or some OTHER screen-name (gobsheit, perhaps?), it's ALL the same stuff you post: "Socialism GOOD, freedom-lovers BAAAAAAAAAAAAAAAAAD."
She has continued to talk to herself starting here. Is it multiple personality disorders, or just the lack of getting laid??? Inquiring minds want to know.
Or maybe it's two personalities each inhabiting a separate body - now that's a thought. ...just the lack of getting laid??? Projecting again?
I have a beautiful, smart and ambitious wife... And three really smart and beautiful daughters (15, 9, and 3). We're trying for child #4. I wish I got laid every night. I have to settle for 3 to 4 times a week. Again, you have no idea about who I am or what I do. I'm on this board between meetings and phone calls because I need some conflict in my life and I don't want conflict in my business or family. This is therapy for me. I was in Detroit last week on vacation. I was in Houston Monday and Tuesday on business. I even posted on this board from my "Windows Phone 7" at the Fox Skybox at gate E16 in the Bush airport yesterday before I got on my flight to Seattle. I don't always agree with Capitalist Eric, but I learn things from him. Learning is valuable to me. I wish that learning were valuable to you. Unfortunately, it's not. Shame on you. I loved fighting with go65, because at least he attempted to post something that was coherent. I sometimes learned from g065. I've learned nothing from you. You, your alter ego (min- intellect), and Gooberdork are a complete waste of time.
ping
It used to be the leftists that had bumper-stickers that said things like "Question Authority.' Now, however, her bumper-sticker sports an ob@m@ sticker, and she follows Orwells' mottos: Because she- as well as gobsheit, brian s. and the others- believe the telescreen, and blindly believe (dare I say "love"?) Big Brother, they naively believe that the war against individuality, selfishness and anybody profiting from the fruits of their labors, will lead to a Utopian world, where all will be treated equally and fairly. She believes the socialist/communist model will prevail, and things like competition, pride and profit, are evil things to be banished. Their dreamed-of Utopia, will in reality be a Dystopian nightmare... And in their ignorance, they will fight to bring about this nightmare, and sacrifice everyone, and everything except themselves, to make it happen. Stephen King once observed, This describes LM/ming, brianS, gobsheit, skippy, go56 and the rest of them are... They will ignore logic and "common sense." They will ignore reality. Because they are religious zealots... Their God... is the state.
#31. To: Capitalist Eric (#29)
(Edited)
Yep, the government is their god because they are incapable of thinking for themselves. They need and desire someone to take care of them, because they don't have the moral character to take care of themselves. Here's what cracks me up -- the left believes in evolution yet they exhibit the very behavior that would have selected themselves out of the evolutionary gene pool. If evolution is correct, the left should be on death row. I suspect that they are on death row. Yahoo...
Top • Page Up • Full Thread • Page Down • Bottom/LatestYet, no surprise, the ‘can’t do’ right wing continues a scorched earth campaign against the minimum wage.
#9. To: Capitalist Eric (#6)
Thus, there is only logical conclusion to your posting of this article:
#16. To: mininggold, jwpegler, lucysmom, Badeye, A K A Stone, Hondo68 (#9)
#25. To: Capitalist Eric (#16)
#26. To: jwpegler, Capitalist Eric, mininggold (#25)
Is it multiple personality disorders...
#27. To: lucysmom (#26)
(Edited)
Projecting again?
#28. To: Capitalist Eric (#27)
#29. To: jwpegler (#28)
War is peace.
Freedom is slavery.
Ignorance is strength.The beauty of religion mania is that it has the power to explain everything. Once God (or Satan) is accepted as the first cause of everything which happens in the mortal world, nothing is left to chance…or change. Once such incantatory phrases as “we see now through a glass darkly” and “mysterious are the ways He chooses His wonders to perform” are mastered, logic can be happily tossed out the window. Religious mania is one of the few infallible ways of responding to the world’s vagaries, because it totally eliminates pure accident. To the true religious maniac, it’s all on purpose."
Replies to Comment # 29.
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