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Thread: Walmart workers demand better wages

  1. #981
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    Re: Walmart workers demand better wages

    Quote Originally Posted by Boo Radley View Post
    Lets be clear, as we do tend to talk apples and oranges when we talk. We're not talking just stock persons. The comment referred to work force, below the CEO. This includes many who work in the information-driven economy, effected profoundly by it, who are still lagging light years behind the CEO.
    Yes and no. Knowledge workers tend to be swallowed up in the averages. Mathematicians can incredible bank if they are good at programing.

    There is no logical rationale for this gap.
    Certainly there is. You appear to be assigning "illogical" to "that which I do not understand"; usually this is a fallacy in foreign policy analysis but you appear to have imported it.

    Now, any business is free to be illogical and throw their money away as much as they want
    And those who do so will be eaten alive by the merciless competition of the market. So how are those companies with highly paid CEO's doing, anywho? Getting eaten alive by the companies who don't pay enough to attract the highest-quality personnel? Realize that the CEO's you are complaining about are the creme de la creme of the business management sector - they are the Bo Jacksons, the Nolan Ryan's, the superstars of their field.

    Nonsense. First, Knowledge workers as a term includes more than CEOs.
    Agreed. Which is why pulling CEO's in particular out is silly. Why not pull out CFO's, or IT programmers?

    You're not trying to sneak something past are you?
    No, I am discussing how large economic change has shifted us to where the leveraging of knowledge produces either vastly greater return, or vastly greater loss; putting quality knowledge work at a premium.

    Second, what someone is paid is not necessarily related to any objective measure of worth.
    In Government, yes. In the market, much less so.

    Certainly the CEO who badly managed his company and lost it can't be actually worth much.
    If he did indeed mismanage his company, he is certainly not worth as much as one who managed it well.

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    Re: Walmart workers demand better wages

    Quote Originally Posted by Boo Radley View Post
    Not a monopoly. And yes, of course you'd take it. But understand where it came from and why.
    Saying it's not, doesn't make it so.
    There is but one source, the employer can buy labor from, at one set price.
    It is by definition, a monopoly.

    Quote Originally Posted by Wiki
    A monopoly (from Greek monos μόνος (alone or single) + polein πωλεῖν (to sell)) exists when a specific person or enterprise is the only supplier of a particular commodity......Monopolies are thus characterized by a lack of economic competition to produce the good or service and a lack of viable substitute goods.[2] The verb "monopolize" refers to the process by which a company gains the ability to raise prices or exclude competitors. In economics, a monopoly is a single seller. In law, a monopoly is a business entity that has significant market power, that is, the power, to charge high prices.[3] Although monopolies may be big businesses, size is not a characteristic of a monopoly. A small business may still have the power to raise prices in a small industry (or market).[4]
    Monopoly - Wikipedia, the free encyclopedia
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    Re: Walmart workers demand better wages

    Quote Originally Posted by Jerry View Post
    I worked for Wall-Mart for 3 years. I did cashiering, cart collecting (which are the people who do carry-outs, aka fit the TV into the car), I've unloaded deliveries, worked in the backroom warehouse, layaway, sold guns and fishing/hunting licenses and bag-tags at sporting goods, and my fav job: outside lawn&guarded during the summer.

    I've also been shot at and mortared in Afghanistan.

    Losing a child is stressful. Divorce is stressful. Combat is stressful. Preparing to take in 2 small nieces because my sister had a very good chance of dying in brain surgery a couple years ago was stressful.

    Only whiny little bitches with no life experience think helping some customers, pushing some carts and stocking shelves is stressful.
    you have to understand that less than one percent of the population has our unique set of experience. for those of us who have experienced the stress of combat....everything else is pretty much a walk in the freakin park.

    Ever been a "lead Tank" in a 40-man raid in World of Warcraft? Even that is more stressful than any job at Wall-Mart.

    hey...I'll put the stress of being the main healer in a 40-man raid in EQII up against the stress of being lead tank anyday.
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    Re: Walmart workers demand better wages

    Quote Originally Posted by Kal'Stang View Post
    Union claimed that Boeing was Union Busting due to some comments made by one of the higher ups. Court agreed.
    It would be interesting to read. But if the company broke a law, would you prefer the court ignore that?

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: Walmart workers demand better wages

    Quote Originally Posted by cpwill View Post
    Yes and no. Knowledge workers tend to be swallowed up in the averages. Mathematicians can incredible bank if they are good at programing.



    Certainly there is. You appear to be assigning "illogical" to "that which I do not understand"; usually this is a fallacy in foreign policy analysis but you appear to have imported it.



    And those who do so will be eaten alive by the merciless competition of the market. So how are those companies with highly paid CEO's doing, anywho? Getting eaten alive by the companies who don't pay enough to attract the highest-quality personnel? Realize that the CEO's you are complaining about are the creme de la creme of the business management sector - they are the Bo Jacksons, the Nolan Ryan's, the superstars of their field.



    Agreed. Which is why pulling CEO's in particular out is silly. Why not pull out CFO's, or IT programmers?



    No, I am discussing how large economic change has shifted us to where the leveraging of knowledge produces either vastly greater return, or vastly greater loss; putting quality knowledge work at a premium.



    In Government, yes. In the market, much less so.



    If he did indeed mismanage his company, he is certainly not worth as much as one who managed it well.
    OK, you're doing the excessive breaking again. I don't want you to miss the points while doing so. Mathematicians get no where near CEOs, not in the same stratosphere. So, they prove my point, and not yours.

    And while you seem to believe that when anyone calls your nonsense what it is that this means they "don't" understand, the fact remains that CEOs are above, by light years, knowledge workers. It is knowledge workers who were are largely comparing them against. Not merely manual laborers.

    And people are not paid what they are worth in an objective manner, even in the market. I know many think the market is magic, but they tend to both overpay and under pay, and do often get worth wrong. Businesses in the market place do fail, and this has not stopped no matter how long the market has been in place. GM did hire poor CEOs and mismanage there company. So did Hostess. And we could build quite a list if we wanted to.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: Walmart workers demand better wages

    Quote Originally Posted by Harry Guerrilla View Post
    Saying it's not, doesn't make it so.
    There is but one source, the employer can buy labor from, at one set price.
    It is by definition, a monopoly.



    Monopoly - Wikipedia, the free encyclopedia
    I admire your creative use of language, but the the employer is not the buyer. The worker is. And the worker chooses. They have options, and often can choose between unions and approaches. So, no, it is not a monopoly.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

  7. #987
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    Re: Walmart workers demand better wages

    Quote Originally Posted by Boo Radley View Post
    I admire your creative use of language, but the the employer is not the buyer. The worker is. And the worker chooses. They have options, and often can choose between unions and approaches. So, no, it is not a monopoly.
    There is nothing creative about it.
    The employer is buying labor from the employee.
    Wiggle and deflect any way you want, it doesn't change that.
    I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
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    Re: Walmart workers demand better wages

    Quote Originally Posted by Harry Guerrilla View Post
    There is nothing creative about it.
    The employer is buying labor from the employee.
    Wiggle and deflect any way you want, it doesn't change that.
    No wiggling, no deflecting. The employer doesn't buy the union, the employee does. You are in fact being creative.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: Walmart workers demand better wages

    Quote Originally Posted by OscarB63 View Post
    hey...I'll put the stress of being the main healer in a 40-man raid in EQII up against the stress of being lead tank anyday.
    My shammy healer is going to hit 90 today (even if it kills me), so I'll soon find out

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    Re: Walmart workers demand better wages

    Quote Originally Posted by Jerry View Post
    My shammy healer is going to hit 90 today (even if it kills me), so I'll soon find out
    haven't played WoW in nearly a year. my daughter convinced me to switch over to RIFT. so far, i like it much better. much more flexibility with character types. only 4 basic "types" (warrior, cleric, scout and mage) but the amount of customization is almost limitless. i have a 'cleric' that does almost as much damage as a tank would. If you have the time and $$$, i highly recommend giving it a tryout.
    The best argument against democracy is a five-minute conversation with the average voter.

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