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Author Topic:   Raise Minimum Wage? Progressive Taxes? Let the Rich Decide!
New Cat's Eye
Inactive Member


Message 16 of 57 (740370)
11-04-2014 12:08 PM
Reply to: Message 15 by ringo
11-04-2014 11:18 AM


Re: Let the theives decide how they should be punished?
Does Donald Trump work a thousand times harder than I do?
No, he works smarter.

This message is a reply to:
 Message 15 by ringo, posted 11-04-2014 11:18 AM ringo has replied

Replies to this message:
 Message 17 by ringo, posted 11-04-2014 12:21 PM New Cat's Eye has replied
 Message 34 by ramoss, posted 11-05-2014 11:40 AM New Cat's Eye has replied

  
New Cat's Eye
Inactive Member


Message 18 of 57 (740375)
11-04-2014 12:41 PM
Reply to: Message 17 by ringo
11-04-2014 12:21 PM


Re: Let the theives decide how they should be punished?
I prefer to think he has different goals than I do: his goal is to make a lot of money; Dillinger had the same goal.
Trump has been smarter than Dillinger in the fact that he didn't get himself killed by the cops at age 31.

This message is a reply to:
 Message 17 by ringo, posted 11-04-2014 12:21 PM ringo has replied

Replies to this message:
 Message 29 by ringo, posted 11-05-2014 10:54 AM New Cat's Eye has seen this message but not replied

  
New Cat's Eye
Inactive Member


Message 22 of 57 (740381)
11-04-2014 12:58 PM
Reply to: Message 20 by Taq
11-04-2014 12:47 PM


Re: Let the theives decide how they should be punished?
Do you think Paris Hilton has great business acumen? Do you think she has worked harder in her life than someone making minimum wage?
No, her great-grandfather did.
Why shouldn't he be allowed to do with his money what he wants to? Including passing it on to his children, and his children's children?
One of the motivations for me to work hard is knowing that I can provide a good life to my children.
Why should that be removed from me?

This message is a reply to:
 Message 20 by Taq, posted 11-04-2014 12:47 PM Taq has replied

Replies to this message:
 Message 23 by Taq, posted 11-04-2014 1:26 PM New Cat's Eye has not replied

  
New Cat's Eye
Inactive Member


(1)
Message 25 of 57 (740406)
11-04-2014 4:56 PM
Reply to: Message 24 by RAZD
11-04-2014 4:29 PM


Re: Let the theives decide how they should be punished?
And let me add: if the work is of equal value when you do it and when someone else does it and you pay them less than you pay yourself you are taking value from their work to put in your pocket. That is stealing in my book, unless there is a clear unambiguous reason for a difference in pay -- the only thing I see as justification is greed ...
In your way, how would your business ever expand?
Every time it grows, all that extra money goes out the window.

This message is a reply to:
 Message 24 by RAZD, posted 11-04-2014 4:29 PM RAZD has replied

Replies to this message:
 Message 26 by RAZD, posted 11-04-2014 6:32 PM New Cat's Eye has replied

  
New Cat's Eye
Inactive Member


Message 28 of 57 (740445)
11-05-2014 9:14 AM
Reply to: Message 26 by RAZD
11-04-2014 6:32 PM


Re: Let the theives decide how they should be punished?
The business makes a profit, everyone shares in the success and everyone is engaged in working to make the business succeed.
Oh, that's a little different than what you were talking about before...
But okay, so does everyone share in the risk too?
When the business's profits decline, does the workers' pay decline as well?
When the business goes into the red, and profit becomes negative, do the workers then pay to work?
What about when a new company starts, and overhead outweighs income, do the newly hired workers have to invest money into the company in order to get the job? Or do they just start out with a negative wage and pay into the company until it gets profitable?
Or do the workers just not share the risk at all? The people investing in the company take all the risk, and then they give all the reward away just because they feel like being nice? Why wouldn't they just not take the risk in the first place?

This message is a reply to:
 Message 26 by RAZD, posted 11-04-2014 6:32 PM RAZD has replied

Replies to this message:
 Message 36 by RAZD, posted 11-05-2014 12:56 PM New Cat's Eye has replied

  
New Cat's Eye
Inactive Member


Message 35 of 57 (740474)
11-05-2014 11:58 AM
Reply to: Message 34 by ramoss
11-05-2014 11:40 AM


Re: Let the theives decide how they should be punished?
How many times did his companies go bankrupt?
I don't know, how many?
Is that smarter, or is that manipulating the system because he had the money to take advantage of it?
Its way easier to make money, when you have money.
I'd say taking advantage of the system is a smart way to go about it.
But I have no intention of defending Trump, I'm sure he's some kind of crook.

This message is a reply to:
 Message 34 by ramoss, posted 11-05-2014 11:40 AM ramoss has replied

Replies to this message:
 Message 38 by ramoss, posted 11-05-2014 3:08 PM New Cat's Eye has replied

  
New Cat's Eye
Inactive Member


Message 37 of 57 (740496)
11-05-2014 1:09 PM
Reply to: Message 36 by RAZD
11-05-2014 12:56 PM


Re: cooperation rather than mini-kingdoms
Consider it as a partnership rather than a feudal\overlord vs peasant\(wage)slave relationship.
Okay, do the partners share in the risk at all?
When the company doesn't make a profit, do the partners stop taking a wage for thier work?
When the company goes into the red, and there is negative profit, do the partners take a negative wage and start paying the company for the work they've done?
Edited by Cat Sci, : No reason given.

This message is a reply to:
 Message 36 by RAZD, posted 11-05-2014 12:56 PM RAZD has replied

Replies to this message:
 Message 42 by RAZD, posted 11-17-2014 4:04 PM New Cat's Eye has replied

  
New Cat's Eye
Inactive Member


(1)
Message 39 of 57 (740533)
11-05-2014 3:28 PM
Reply to: Message 38 by ramoss
11-05-2014 3:08 PM


Re: Let the theives decide how they should be punished?
His companies went bankrupt 4 times.. however, since they were corporations, he was able to insulate his personal fortune from his companies going under
Well that's just smart business sense.
I've got a buddy who is in the process of starting up a new business right now. He actually started three new companies if I remember correctly.
One is just a holding company. It owns the private property as well as the building.
Then there's the actual business. That company will then rent the building from the other company.
That way, if the business ever gets sued then they cannot go after any of the property... because its owned by another company. Genius!

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 Message 38 by ramoss, posted 11-05-2014 3:08 PM ramoss has not replied

  
New Cat's Eye
Inactive Member


Message 43 of 57 (742164)
11-17-2014 4:32 PM
Reply to: Message 42 by RAZD
11-17-2014 4:04 PM


Re: cooperation rather than mini-kingdoms
Okay, do the partners share in the risk at all?
They have the choice to leave or stay.
Is that a "no"?
I mean, are you saying that when the business is profitable, they get to partake in the rewards, but then when the business is losing money, they can just leave and not partake in the risk?
How is that fair?
When the company doesn't make a profit, do the partners stop taking a wage for thier work?
They have that choice, compared to being fired by the company. If they stay then they would\should expect a return on that investment once the company became profitable, yes?
Sure.
But we have a hard enough time getting people to show up for work when we're paying them. I can't imagine how hard it would be to get them to show up for work when we're not
When the company goes into the red, and there is negative profit, do the partners take a negative wage and start paying the company for the work they've done?
Is this not what you expect of an owner?
No, the owner still gets his salary when the company goes into the red. What is at risk is all the money that he invested into the company to get it started.
In your situation, the owner still takes all that risk, but then he gives the reward away. I'm saying that if you want people to partake in that reward, then they are going to have to partake in the risk as well. I don't see where you've accounted for that.
If they have faith in the company being able to work their way out and start to produce a profit they can invest their time -- as long as there would be a fair return on investment in the future.
You really think people are going to show up for work and not get paid for it? That's crazy.
ABE:
2: can you tell me what makes an hour of one person's life more valuable than an hour of another person's life?
From a business perspective, its how much it impacts the bottom line.
The salesmen that brings in 10 million dollars of business from an hours worth of work is worth way more than the guy who swept the floor for an hour the second time that day.
Edited by Cat Sci, : No reason given.

This message is a reply to:
 Message 42 by RAZD, posted 11-17-2014 4:04 PM RAZD has replied

Replies to this message:
 Message 44 by RAZD, posted 11-17-2014 5:12 PM New Cat's Eye has replied
 Message 47 by ringo, posted 11-18-2014 11:45 AM New Cat's Eye has replied

  
New Cat's Eye
Inactive Member


Message 46 of 57 (742229)
11-18-2014 10:14 AM
Reply to: Message 44 by RAZD
11-17-2014 5:12 PM


Re: cooperation rather than mini-kingdoms
Are you saying that a person that continues to work for reduced pay is not taking risk on the company eventually succeeding?
No, I'd say that taking a cut in pay is partaking in the risk. Especially when that cut takes you into the negative.
Certainly a worker that bails is just like an investor that bails, what is the difference?
A worker can just clock out and go home but an investor can not just take their money and leave.
So you are saying that the difference is the job, not the person ... so you fully support equal pay for work of equal value ...
Yup, and since the floor sweeper is hardly providing a value he doesn't get much pay.

This message is a reply to:
 Message 44 by RAZD, posted 11-17-2014 5:12 PM RAZD has replied

Replies to this message:
 Message 51 by RAZD, posted 11-18-2014 4:24 PM New Cat's Eye has replied
 Message 55 by ringo, posted 11-19-2014 10:54 AM New Cat's Eye has not replied

  
New Cat's Eye
Inactive Member


Message 48 of 57 (742244)
11-18-2014 12:21 PM
Reply to: Message 47 by ringo
11-18-2014 11:45 AM


Re: cooperation rather than mini-kingdoms
Cat's Eye writes:
But we have a hard enough time getting people to show up for work when we're paying them. I can't imagine how hard it would be to get them to show up for work when we're not
Maybe you need to replace the people who are doing the hiring. Ever hear of the Peter Principle?
We have a manufacturing plant. The kinds of jobs I'm talking about are things like stacking boxes.
KPI's are pretty lacking in that field.
And if people won't show up for work, I'm not sure what the hiring manager can do about it other than just hire someone else.

This message is a reply to:
 Message 47 by ringo, posted 11-18-2014 11:45 AM ringo has replied

Replies to this message:
 Message 49 by ringo, posted 11-18-2014 12:26 PM New Cat's Eye has replied

  
New Cat's Eye
Inactive Member


Message 50 of 57 (742248)
11-18-2014 12:38 PM
Reply to: Message 49 by ringo
11-18-2014 12:26 PM


Re: cooperation rather than mini-kingdoms
I'm just saying, maybe the hiring manager is careful to hire people who don't threaten his job. Hire the incompetent and the lazy and you have no upwardly-mobile competition.
Yeah, its nothing like that here. But your point is not lost.

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New Cat's Eye
Inactive Member


Message 52 of 57 (742297)
11-18-2014 4:58 PM
Reply to: Message 51 by RAZD
11-18-2014 4:24 PM


Re: cooperation rather than mini-kingdoms
You forgot the second half of the question: now you switch the people doing the jobs -- who gets paid more and why?
The salesjob is based on performance, so as long as the guy is making sales then he will get the same pay.
And the pay for floor sweeping is set, so it doesn't matter who does it - they all get the same pay.
If the floor sweeper is fired because the company cannot afford the expense does the salesman sweep the floor at reduced wages?
The salesman doesn't even live in this state. He's regional.
And their pay is based on commission, so it doesn't matter how much money the company has at the moment.
A buyer comes to visit the company, sees that the floor is unswept, dirty, trash is lying around and the whole place is shabby ... he decides not to buy.
A buyer comes to visit the company, sees that the floor is neatly swept, polished, trash cans are empty with fresh liners and the whole place is neat and tidy ... he decides to buy.
Customers aren't allowed in the plant.
The office is cleaned by a third party contractor - our hourly employees weren't doing a good enough job so we had to farm it out.
Is not the floor sweeper, responsible for the appearance of the company, a necessary part of getting that business?
They don't even see what the floor sweeper does, and what they do see is not done by the floor sweeper.
The salesman just happens to be there and take the order: what did he do to get that business?
He acquired the business by convincing the distributor to go with our products.
This required not only extensive knowledge of our product line, but they have to be aware of potential distributors that can take on our products.
The floor sweeper simply lacks that knowledge and awareness - of course they could be trained, but we hire salesmen that can already do their job. And we pay them based on performance.
The worker leaves behind his investment in time, the investor leaves behind his investment in money -- I don't see any significant difference.
Well for one: money is tangible and time is not.
I can hand you a dollar but I cannot hand you an hour.
That's one of the reasons people use their hours to earn dollars.
By "cutting their losses" each is giving up on the potential future profits.
But the investor's money is already spent - the potential is had.
The worker still needs to show up and work for the potential to be had.
So the worker that continues to work for reduced or negative pay is taking a risk on the company turning around and showing a future profit --
Sure, but there's no way we can fill the plant with workers that aren't getting paid. They have bills to pay.
And what would you say to workers who reject your option, and just want to get paid for the work they've done and go home?
What if I can find more workers who want to do it my way than who want to do it your way?
-- no different than the investor that puts more money into the company to help it turn around. Having shared the risk should they not share in that future profit?
I don't have a problem with sharing the profit.
But you have to share the risk as well. And people just aren't willing to do that by working for free.

This message is a reply to:
 Message 51 by RAZD, posted 11-18-2014 4:24 PM RAZD has replied

Replies to this message:
 Message 53 by RAZD, posted 11-18-2014 8:45 PM New Cat's Eye has replied

  
New Cat's Eye
Inactive Member


Message 54 of 57 (742357)
11-19-2014 10:13 AM
Reply to: Message 53 by RAZD
11-18-2014 8:45 PM


Re: Next time read my post not your version of it.
Actually he did squat to get the job and just wrote down the order. That's the way it was presented to you, it seems to me that you are reading a different post than what I wrote.
Oh, yeah, I wasn't describing a hypothetical situation. I'm wondering how your proposal might work in a real world scenario.
I don't doubt that you can create fantasies where it works.
You're not getting it, and from the way you have responded in a general non-sequitur way by making up your own scenario to answer, I don't think you will get it.
I prefer my reality to your fantasy. If your proposal only works in your own fantasies, then yeah, I don't see the point in wasting time discussing it.

This message is a reply to:
 Message 53 by RAZD, posted 11-18-2014 8:45 PM RAZD has replied

Replies to this message:
 Message 56 by RAZD, posted 11-19-2014 9:25 PM New Cat's Eye has replied

  
New Cat's Eye
Inactive Member


(1)
Message 57 of 57 (742444)
11-20-2014 9:35 AM
Reply to: Message 56 by RAZD
11-19-2014 9:25 PM


Re: Next time read my post not your version of it.
Curiously what I see in your responses is your fantasy, and none of it has anything to do with the reality I have seen and know.
The only part that might have been off is that the salesman worked for just an hour. But its hard to nail down sales time, isn't it?
I mean, 3 20-minute phone calls is an hour, but what about that time I spent at home in bed thinking about the best strategy for the next calls?
Or what about when I'm buying the potential customer drinks at the bar after work (on the company dime of course)? Does that even count as work? Hell, I got a free meal out of it.
The floor sweeper doesn't even get a cracker. How's that for not fair?
And I still have not seen any real reason for one hour of one persons life to be worth more than one hour of another persons life.
From a business perspective, the difference is in how much they contribute to the bottom line. Everybody contributes a different amount. No person's hour is worth exactly the same as another. Sometimes its pretty hard to figure out a good wage for a position.
How do you go about doing it?
And what do you do with gross performance differences between individuals when you see everyone as being worth the same?
If you are going to take an hour of some persons life and then say one hour of your life is worth less than one hour of mine because your job is of less value to me than mine, then you are being greedy and not appreciating\recognizing\respecting the value of not having to spend the hour yourself on the task you hire them for.
Is that really your only point? That people who make more money are greedy?
The hour that the floor sweeper spends cleaning enables the salesman to spend that hour in making sales rather than sweeping the floor.
I don't agree at all. He can still go sell even when the floors aren't swept.
It appears that you've been brainscrubbed by the standard capitalist teaching that rich people somehow deserve to be rich because of the value of their work ... and it's okay because you somehow deserve to be better off than someone working at a lower level, or the unemployed etc etc etc.
One of my good friends in high school stayed home and partied while I went away to college. I worked my ass off and it was expensive, but I learned a hell of a lot and emerged a better person. I've got a good job with a decent salary and he is delivering pizzas. I make way more money than he does. Its not because of greed, its because I chose a different path.
You still gotta play the hand you're dealt, but you have a direct impact on how much money that hand can make you. Its not always greed that drives people to improve their lives. Why are you trying to make it out that way?

This message is a reply to:
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