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the labor market is still, for the most part, a function of supply and demand. What is a business elite? Is that an official title?
No its not. The labor market is manipulated just like the consumer market with a massive PR industry to create irrational consumers making uninformed decisions.
No its not. The labor market is manipulated just like the consumer market with a massive PR industry to create irrational consumers making uninformed decisions.
So people are too stupid to make their own decisions so we need unions and/or the gov to intervene is what you are saying?
the quantity of unskilled labor has also skyrocketed. you are paid according to the labor market for your skills not how much your company makes.
Your assertion doesn't fit the real world. Not many corporate jobs in the U.S. use purely unskilled labor. There are countless technical positions that require training and experience in order for the company to succeed. These are the people making $20/hour and up. At the same time, the corporation is skimming huge sums to pay for stock buybacks, lavish stock option compensation, golden parachutes, etc.
CEO's on average make 271x what workers make.
Worker pay is not proportionate to their contributions to the company and the Big Dogs at the top are taking advantage.
Your assertion doesn't fit the real world. Not many corporate jobs in the U.S. use purely unskilled labor. There are countless technical positions that require training and experience in order for the company to succeed. These are the people making $20/hour and up. At the same time, the corporation is skimming huge sums to pay for stock buybacks, lavish stock option compensation, golden parachutes, etc.
CEO's on average make 271x what workers make.
Worker pay is not proportionate to their contributions to the company and the Big Dogs at the top are taking advantage.
no actually my assertion is reality. what is not reality is that worker pay is required or expected to be proportionate to everyone else's pay and/or tied to some fictional index. that makes no sense. is it some massive conspiracy that all companies have gotten together agreed to pay unskilled/low-skilled labor or is it just the result competition of millions and millions of individual labor 'transactions'? Which is more realistic? Or is everyone just stupid like the other guy is saying?
Worker pay is not proportionate to their contributions to the company and the Big Dogs at the top are taking advantage.[/quote]
Why do people not see this? Its proven in statistics over and over again just alone with CEO's compared to 1970 to now?? Or is that just agenda driven rhetoric? We are being played over and over and just take it and the only reasons I think it works is because fear spreads around about "socialism" and how companies will move jobs to other areas or countries. When they move jobs to other areas INSIDE our country they are often met with incentives using tax money to attract jobs that are paying less and less. Sure appears to me that's a company and its management doing its best to bolster its profits and those are going to the top people in the company and not many others..
Worker pay is not proportionate to their contributions to the company and the Big Dogs at the top are taking advantage.
Why do people not see this? Its proven in statistics over and over again just alone with CEO's compared to 1970 to now?? Or is that just agenda driven rhetoric? We are being played over and over and just take it and the only reasons I think it works is because fear spreads around about "socialism" and how companies will move jobs to other areas or countries. When they move jobs to other areas INSIDE our country they are often met with incentives using tax money to attract jobs that are paying less and less. Sure appears to me that's a company and its management doing its best to bolster its profits and those are going to the top people in the company and not many others..[/quote]
So what? maybe that's because they value the top people more
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