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Economics Economy Solution; Our current system favors the rich. Worse yet, the best jobs are won by lottery. No matter how hard you ...

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Old 09-05-08, 07:01 PM   #1 (permalink)
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Economy Solution

Our current system favors the rich. Worse yet, the best jobs are won by lottery. No matter how hard you work or how much you study, there will be a million other people equally qualified, yet only 10 attainable top-jobs. At least with the normal lottery, it doesn't take 20 years of hard-work, only a dollar for a ticket.

Rich people tend to conveniently ignore these facts. They'd prefer to think their riches were earned and the less fortunate simply deserve their place. What's worse, rich people do little more than horde. It is like a chimpanzee who takes all the bananas, leaving none for everyone else. Does the chimp not realize there will be more bananas tomorrow and most of the bananas it hordes will rot?

The solution doesn't have to be socialism or communism. I've come up with an idea to give everyone a shot at earning their fair bananas.

Let's say there is a business with 11 normal workers and 1 manager. The normal workers all get paid the same amount. The manager gets paid more. All the workers are equally qualified, yet in the current system, only one can possibly attain the manager position. The solution is to rotate the workforce. This means, each of the 12 workers gets to be manager, let's say, once per year. Worker 1 is manager for month 1, worker 2 for month 2. This way, wages are balanced, there is no lottery, proper motivation is increased, and everyone earns their fair share.

You could argue managerial job-skills would decrease, but this detriment would possibly be off-set or even overcome by benefits of the different system (for example, manager-worker relations would improve). If there were only 6 total workers, job-skills would be good at both levels.

That's about the extent of it. A simple system which does not require any new legislation or change in legislation.
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Old 09-05-08, 08:37 PM   #2 (permalink)
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Re: Economy Solution

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That's about the extent of it. A simple system which does not require any new legislation or change in legislation.
What determines the organisation systems employed by businesses? Is it purely down to division of labour, where employees specialise in order to maximise productivity? Nope! Hierarchy is vital for profit maximisation. It ensures workers are divided such that compliancy is ensured. You can't be messing with organisation systems! The lost profitability would be deemed to be most disagreeable
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Old 09-05-08, 08:55 PM   #3 (permalink)
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Re: Economy Solution

Listen, I am not a Marxist, but I believe Marx's predictions and obvservations are all too true. In the Communist Manifesto it says that in order for labor to truly rise-up, all boundaries between workers must fall. By borders he is referring to nationalism, race, creed,...etc. Now, another stipulation is that capitalism must conquere the globe, this is easily seen in globalization, just as the border issue is falling with the development of the EU and other networking of nations.

Once all of these things come into play, and corporations alienate nations for cheap labor, as they clearly are in China and India, wages will fall. This may already be witnessed in the few jobs which are created in cities throughout the U.S. currently, where $30/hour jobs are replaced with $15/hour. After a time the separation between the rich and the poor will become so wide that the workers revolution will occur and Communism will exist.

I fear this immensely, yet I see the truth of Marx's words everyday. The New Deal was a way in which to avoid the evils of capitalism destroying the whole system, yet corporations have worked around labor unions by going abroad to maximize profits. So we are on the slippery slope again, where greed will destroy its own system of survival.
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Old 09-05-08, 11:24 PM   #4 (permalink)
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Re: Economy Solution

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Originally Posted by LeoByte View Post
What's worse, rich people do little more than horde. It is like a chimpanzee who takes all the bananas, leaving none for everyone else. Does the chimp not realize there will be more bananas tomorrow and most of the bananas it hordes will rot?

The solution doesn't have to be socialism or communism. I've come up with an idea to give everyone a shot at earning their fair bananas.

Let's say there is a business with 11 normal workers and 1 manager. The normal workers all get paid the same amount. The manager gets paid more. All the workers are equally qualified, yet in the current system, only one can possibly attain the manager position. The solution is to rotate the workforce. This means, each of the 12 workers gets to be manager, let's say, once per year. Worker 1 is manager for month 1, worker 2 for month 2. This way, wages are balanced, there is no lottery, proper motivation is increased, and everyone earns their fair share.

You could argue managerial job-skills would decrease, but this detriment would possibly be off-set or even overcome by benefits of the different system (for example, manager-worker relations would improve). If there were only 6 total workers, job-skills would be good at both levels.

That's about the extent of it. A simple system which does not require any new legislation or change in legislation.

How do rich people horde? Do they put their money into safes in their homes? Or maybe do they invest their money?

How can you assure that all workers are always equally qualified and that the work of each worker is of equal quality?
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Old 09-06-08, 01:00 PM   #5 (permalink)
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Re: Economy Solution

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How can you assure that all workers are always equally qualified and that the work of each worker is of equal quality?
The more interesting question is perhaps "to what extent do current wage differentials reflect productivity?"

Its not going to be high!
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Old 09-06-08, 01:49 PM   #6 (permalink)
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Re: Economy Solution

Quote:
Let's say there is a business with 11 normal workers and 1 manager. The normal workers all get paid the same amount. The manager gets paid more. All the workers are equally qualified, yet in the current system, only one can possibly attain the manager position. The solution is to rotate the workforce. This means, each of the 12 workers gets to be manager, let's say, once per year. Worker 1 is manager for month 1, worker 2 for month 2. This way, wages are balanced, there is no lottery, proper motivation is increased, and everyone earns their fair share.
That's too idealistic.

Not everyone has managerial skills, not everyone can take the pressure, not everyone is equally qualified. If you want to climb up the ladder, you need to work hard. Not wait for your month.
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Old 09-06-08, 04:28 PM   #7 (permalink)
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Re: Economy Solution

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f you want to climb up the ladder, you need to work hard.
Do you have any evidence that work ethic translates into promotion? Brown nosing works better!
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Old 09-07-08, 07:38 PM   #8 (permalink)
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Re: Economy Solution

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Do you have any evidence that work ethic translates into promotion? Brown nosing works better!
At http://www.debatepolitics.com/econom...nevitable.html (Is the collapse of the dollar inevitable?), Scucca wrote:

"The missus is an academic and has published in both orthodox and heterodox sources. There's no trick to it!"

I replied:

Devil: I can get you and your missus published in academic journals! All you have to do is pump up socialist dogma while baffling your critics with a barrage of scholarly references… Oh, and also sign your souls over to me.

Scucca: Hmm…. I don’t get it. What’s the catch?

Given his views on getting ahead through brown-nosing, I think we are learning a lot about Scucca! LOL
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Old 09-07-08, 07:40 PM   #9 (permalink)
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Re: Economy Solution

Onion,

Please try to make relevant comment to the thread you post in. I won't be falling for your tiresome tactics, so it would be super to see you make academic-level comment for a change
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Old 09-07-08, 08:04 PM   #10 (permalink)
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Re: Economy Solution

Quote:
Originally Posted by LeoByte View Post
Our current system favors the rich. Worse yet, the best jobs are won by lottery. No matter how hard you work or how much you study, there will be a million other people equally qualified, yet only 10 attainable top-jobs. At least with the normal lottery, it doesn't take 20 years of hard-work, only a dollar for a ticket.

Rich people tend to conveniently ignore these facts. They'd prefer to think their riches were earned and the less fortunate simply deserve their place. What's worse, rich people do little more than horde. It is like a chimpanzee who takes all the bananas, leaving none for everyone else. Does the chimp not realize there will be more bananas tomorrow and most of the bananas it hordes will rot?

The solution doesn't have to be socialism or communism. I've come up with an idea to give everyone a shot at earning their fair bananas.

Let's say there is a business with 11 normal workers and 1 manager. The normal workers all get paid the same amount. The manager gets paid more. All the workers are equally qualified, yet in the current system, only one can possibly attain the manager position. The solution is to rotate the workforce. This means, each of the 12 workers gets to be manager, let's say, once per year. Worker 1 is manager for month 1, worker 2 for month 2. This way, wages are balanced, there is no lottery, proper motivation is increased, and everyone earns their fair share.

You could argue managerial job-skills would decrease, but this detriment would possibly be off-set or even overcome by benefits of the different system (for example, manager-worker relations would improve). If there were only 6 total workers, job-skills would be good at both levels.

That's about the extent of it. A simple system which does not require any new legislation or change in legislation.
There are too many arguments against such a scheme that it's hardly even worth discussing. Not all people are equally capable of being managers. If the choice is based on rotation there is little incentive to excel at the position. The business organization relies on the ability to have incentives and punishments to incentivize production.
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