I laughed at this. So many people that got buttprobed and still defend their way of life.
The stupidity that the rich have a safety net and the poor doesnt.
That is diseconomies of scale for you. Higher ups add no real value to the company, generally speaking, but suck out a lot of pay. Unfortunately, workers require supervision.
"Everytime you PK a newb, a breakdancer shitkicks a baby."-Goty
Frankly, think nobody should make more than a million a year in salary/wages including bonuses. Anything more than that is taxed 100%.
I'm a capitalist, but why are we paying mere employees so much?
A key feature of a market is that firms take prices set by the activity of the market and cannot, unless they are a monopoly, set prices, because if their prices ascend beyond the market equilibrium price, then noöne would patronize them. The point when a firm's behavior becomes objectionable is when that firm makes foolish decisions that bring about its failure, but then everyone is compelled to bear the cost of it. viz. if the government saves it, especially if in a way that will not later reap a profit.
In firms of exceptional value, effective chief officers can have a substantial effect, even if for no reason other than the extraordinary stakes involved. Further, there must be a zenith toward which subordinate employees wish to ascend
I probably shouldn't have written most, or any, of that, but I have grown very weary of the constant exaltation of the poor and castigation of the wealthy. I don't want to become deeply entangled in this, so take my future silence as you will, but wonder if adding more clamor would have been worth enough to me to be worth it.
This sure as Hell wasn't.
Last edited by Delthayre; 09-26-2008 at 21:34.
Prosperity is only an instrument to be used, not a deity to be worshipped.
Having rich people moving from one company to another and get so ridiculous amounts of money for doing very little with a high risk and the same time playing with the common workers, jobs. That is stupid.
The first is capitalism for me, the second is not.
I understand what you are saying but everyone in the US and many around the world rely on the USs banking sector even if not directly. Thoes that are seemingly not directly linked to them are in fact linked. Nearly all products and services in the US are linked to them. The exceptions being foriegn companies and even most of them are in on it.
But how does this stop me from making my own wealth? You are assuming that wealth is set at fixed amount in the world with only so much of it to go around. This was proven to be patently false a couple hundred years ago.For every penny that companies pay thier employees it means they must charge that penny for their product/service (which cost us the consumer).
Depends on what industry you are in, the Fed does it all the time.Do you think they pull this money out of the air?
What is best in life?
To crush your enemies, see them driven before you, and to hear the lamentation of the women!
Disclaimer: This post is not a bomb.
YoUR bLOoD IS wARm AnD SAltY, YouR maRRoW yELlOw aNd SuCCulanT, YOur sOUl RiPE fOR THe HarVEsT.
I liKE tO LEaVe fOOd sITtiNg OUt SO flIEs cAN laY eGgz in IT. i EAt tHE EGgz sO i CaN sHIt MaGgOTz fARmINg GolD.
This is true to a point and then I believe it will reach a cap based on resources. We may not be close to it yet but I also do not believe you can have endless expansion.But how does this stop me from making my own wealth? You are assuming that wealth is set at fixed amount in the world with only so much of it to go around. This was proven to be patently false a couple hundred years ago.
Well thats not exactly true. They take loans to increase funds. One reason we have a huge debt.Depends on what industry you are in, the Fed does it all the time.