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Thread: Walmart workers demand better wages

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    Re: Walmart workers demand better wages

    Quote Originally Posted by MaggieD View Post
    The rising productivity reported has little to do with workers and more to do with more efficient methods and equipment. Please tell me on what theory you base your notion that wages should rise with productivity.
    Well it's pretty accepted across the board in economics. The relationship between productivity and wages is pretty much a core principle.

    As for the efficient methods and equipment...that's generally how productivity increases. The industrial revolution was based on mechanization and led to a massive productivity increase...and led to higher wages as well.
    “Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone.” John Maynard Keynes

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    Re: Walmart workers demand better wages

    Quote Originally Posted by OpportunityCost View Post
    Attachment 67138610

    Why do you post things you cant possibly support?
    It's a no brainer The skills/intelligence that differentiate a low-level employee in a Wal-Mart store from management amounts to nearly nothing. And so ability has little or no bearing on seniority, so connections/networks play a larger role in promotions.

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    Re: Walmart workers demand better wages

    Quote Originally Posted by Kal'Stang View Post
    And then thier wages drop dramatically when that buisness goes out of buisness due to Union bullying. Just ask Hostess and the thousands of people that lost thier jobs due to union bosses.
    That has been answered before ... BTW, is that why German industry is doing so horribly right now?

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    Re: Walmart workers demand better wages

    Quote Originally Posted by OpportunityCost View Post
    I already said something earlier in the thread, its not libertarianism in the slightest. Wal-Mart extracts a lot of competitive edge in tax breaks from every community they go into. Wal-Mart engages the system when it works for them, they will just have to live with it when it works against them.

    Prosperity is the biggest obstacle to Wal-Mart employment model. As employment opportunities increase, they will have to make stronger wage choices to retain and hire employees. That solves a lot of issues all around.
    I definately agree that a loose labor market is bad for Wal-Mart employees and there will be some changes when employment starts dropping. I'm just not as optimistic as you that it will lead to much better wages. Retail/service not employes a very large chunk of US workers and generally have been notorious for a pretty long time for paying very low wages and providing very little benefits. I don't believe a major change will take place until workers in that sector unionize or the threat of unionization becomes real. I do hope I'm wrong though! I'm not pro-union as much as pro-decent wage.
    “Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone.” John Maynard Keynes

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    Re: Walmart workers demand better wages

    Quote Originally Posted by Bobcat View Post
    We already have that, what you want is redistribution of income. Admit it.
    We obviously don't. I want a democratic economy ...

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    Re: Walmart workers demand better wages

    Quote Originally Posted by iliveonramen View Post
    Well it's pretty accepted across the board in economics. The relationship between productivity and wages is pretty much a core principle.

    As for the efficient methods and equipment...that's generally how productivity increases. The industrial revolution was based on mechanization and led to a massive productivity increase...and led to higher wages as well.
    Im sorry but thats not as binding as you think it is. Skills and abilities mean much more to wages than productivity does. Productivity lowers costs, it does not have as widespread an effect on wages as things like job sharing, job rotation and aquiring the new skills for maintaining all the new automation.

    Want to make more money? Never stop learning.

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    Re: Walmart workers demand better wages

    Quote Originally Posted by Kal'Stang View Post
    If it got handed to the employee's? Are you nutz? There would be chaos without someone at the top. No company can function unless someone is at the top.



    Would you rather they just closed up shop? Fire all thier 1.4 million employees? They could you know. They have enough money that them or thier children's children wouldn't have to work thier entire lives.
    1. Really tell that to Mandrigan and all the other majorly successfull cooperateives.

    2. THey close up shop because they still want to make money.

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    Re: Walmart workers demand better wages

    Quote Originally Posted by Blue_State View Post
    Isn't that why we promote the leaders and most effective employees?
    Leadership traits are different than being good at whatever frontline work someone does. Leadership positions are paid better but the skills required are different. The Rockefeller quote that to me is relevant.

    The ability to deal with people is as purchasable a commodity as sugar or coffee, and I will pay more for that ability than for any other under the sun.
    Someone can be very very very good at their job but not necessarily someone that is cut out to be in a leadership position. They also should be rewarded for doing what they do well.
    “Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone.” John Maynard Keynes

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    Re: Walmart workers demand better wages

    Quote Originally Posted by MaggieD View Post
    Ha! It's really disappointing to me to see the number of posters who think our capitalistic system is a failure. I don't think this is a fair representation of the population at large, certainly not any of the people I personally know, but maybe the people who are so dead set against capitalism are young people who lacked opportunity...? Or avid union members...? I just don't know.

    Low-end jobs are always going to be there. They have to be. A WalMart Associate is not a career opportunity. It's a stepping stone. Or a fill-in job. To think that people believe that everyone has to earn a minimum of....what? $25,000 a year? Sounds absolutely ludicrous to me. It is never going to happen unless we inflate into it.

    Edit: And to think that a union at WalMart will eventually have cart pushers who've been with the company for 15 years making $40,000?? OMFG.
    Agreed. If you don't believe capitalism is the best thing around, take a look at how even Communist China is applying it everyday as their business model. What communist priniciple is being used to build their economy?
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

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    Re: Walmart workers demand better wages

    Quote Originally Posted by RGacky3 View Post
    That has been answered before ... BTW, is that why German industry is doing so horribly right now?
    German industry is doing so well because they have a reputation based upon quality workmanship and brand integrity that is second to none. Their profit model per item is higher because of this. Especially in the auto industry.

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