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Thread: Walmart workers demand better wages

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    Re: Walmart workers demand better wages

    Quote Originally Posted by OpportunityCost View Post
    Way to go ignore history. Germany has had a manufacturing reputation since prior to WW2. Leadership is part of it, its certainly not all of it. Youre wrong about German board makeup, by the way, as well. Unions and mgmt work out conciliatory compromises, its not an us versus them mentality that has always existed between unions and business here in the US.

    Its funny, I believe thats sort of what Hostess offered was a 25% stake in the company and the union turned it down. shrug
    The reason you ahve that dynamic between unions and management is because labor is IN the leadership, i.e. they partially choose who the management is, they make up half the board.

    That has to do with the POWER of unions.

    German manufacturing reputation prior to WW2 is not the same as it is today.

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    Re: Walmart workers demand better wages

    Quote Originally Posted by RGacky3 View Post
    The reason you ahve that dynamic between unions and management is because labor is IN the leadership, i.e. they partially choose who the management is, they make up half the board.

    That has to do with the POWER of unions.

    German manufacturing reputation prior to WW2 is not the same as it is today.
    Its amazing you can talk about values and then ignore them as they apply to the rest of the argument. Of course it isnt the same, it was mostly bombed out. They have reps on the board, they cant sway votes with that representation its primarily as a measure to ensure labor's interests are heard as part of strategy. Your idea that they control boards is ludicrous.

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    Re: Walmart workers demand better wages

    Quote Originally Posted by Boo Radley View Post
    No, it doesn't. What you speak of would raise employee salaries, skilled workers, and not CEO pay, not at the level we're speaking of.

    They are largely over rated and need a sound work force, without show we've seen them fail. Interesting though that you'd try and make excuses for the foolish practice of overpaying them.
    CEO compensation is determined by their market value. Why is Messi (or any highly paid athlete) paid so many millions a year? Because he can do something that most people can't. There are only a few people in the world that can compete on his level. He consistently provides results. You can't say that putting some guy off the street in his spot would produce similar results.

    CEO's are no different. The quality of the CEO is the single most important factor to a business's success. Not just anybody can be a successful CEO, or they would, and CEO's wouldn't be paid dick.
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    I've got to say that it is shadenfreudalicious to see the rich and famous fucquewads on the coast suffering from the fires.

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    Re: Walmart workers demand better wages

    Quote Originally Posted by RGacky3 View Post
    The reason you ahve that dynamic between unions and management is because labor is IN the leadership, i.e. they partially choose who the management is, they make up half the board.

    That has to do with the POWER of unions.

    German manufacturing reputation prior to WW2 is not the same as it is today.
    The unions in America no longer have any power. They make up only 7% of the workforce here, and are dwindling. People ignored the astro turf the UFCW put up to get the deals. Even the employees ignored it. It was a defeat, and a joke.
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

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    Re: Walmart workers demand better wages

    Quote Originally Posted by OpportunityCost View Post
    Its amazing you can talk about values and then ignore them as they apply to the rest of the argument. Of course it isnt the same, it was mostly bombed out. They have reps on the board, they cant sway votes with that representation its primarily as a measure to ensure labor's interests are heard as part of strategy. Your idea that they control boards is ludicrous.
    They don't control the board ... they have HALF of the representation. If you don't think that makes a major difference on how the company is run I don't know what to tell you.

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    Re: Walmart workers demand better wages

    Quote Originally Posted by j-mac View Post
    The unions in America no longer have any power. They make up only 7% of the workforce here, and are dwindling. People ignored the astro turf the UFCW put up to get the deals. Even the employees ignored it. It was a defeat, and a joke.
    Exactly, and with the decline of Unions comes the decline of the middle class.

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    Re: Walmart workers demand better wages

    Quote Originally Posted by OpportunityCost View Post
    Which is why you dont have credibility on this issue, over the top hyperbole doesnt do much to convince people. Move along.
    Perhaps you can list your credentials to tell us all what qualifies you to judge who may or may not speak about a Wal Mart job let alone attack me for daring to comment about them?
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    Re: Walmart workers demand better wages

    Quote Originally Posted by ReformCollege View Post
    I don't think you understand what I am saying. I know how a corporation works in theory. The CEO shouldn't be paid in salary and bonuses, he should strictly own a portion of the business and realize the profits and losses. Perhaps, all senior executives should be organized like this, they should not represent the board of directors, they should BE the board of directors. Make it so you can't pay executives of a corporation a salary/bonus/stock package; and you will see those management positions being filled by people who strictly want the business to succeed because of their personal stake in the business.
    In almost every corporation executive compensation is directly tied to how well the business does, how much profit it makes, how much growth it experiences, whether the stock price goes up or down. All corporate executives own stock in their companies, so they are motivated as you suggest.

    As I said, your knowledge of corporate management is somewhat lacking. CEOs do not get huge salaries and bonuses if they do not get results.
    "Just get the hell out of my way" John Galt to the government in Atlas Shrugged.

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    Re: Walmart workers demand better wages

    Quote Originally Posted by haymarket View Post
    Perhaps you can list your credentials to tell us all what qualifies you to judge who may or may not speak about a Wal Mart job let alone attack me for daring to comment about them?
    Not sure that anyone who has not worked at WalMart is really qualified to discuss what working there is like. But anyone who compares it to a root canal pretty much disqualifies himself. But since you seem to think yourself qualified, perhaps you could clear up why WalMart is the focus of evil and every other retailer whose pay and working conditions are identical gets a pass. An Agenda perhaps?

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    Re: Walmart workers demand better wages

    Quote Originally Posted by RGacky3 View Post
    That isn't a democratic economy, we have a plutocracy, i.e. an economy run by the rich, it's one dollar one vote, and whoever has the property makes the rules.

    I wnat an economy which is one person one vote, a socialist economy IS a democratic economy, by definition.

    Also no one disagrees with supply and demand principles, it's just who controls the supply and who makes the demand, the answer to both of those questions in capitalism is the capitalist and the people with the most money, the socialist answer is the people democratically.
    "run by the rich" ? Hmmm, then did the rich reelect obama? If so, why don't you hate obama as much as you hate the rich?
    "Just get the hell out of my way" John Galt to the government in Atlas Shrugged.

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