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View Diary: It's Not Wage Stagnation, It's Wage Robbery (151 comments)

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  •  You're not getting it, sport. (0+ / 0-)
    Does this really change the argument, though?  Whether productivity increases are due to technology, process refinement, or economies of scale, they're unrelated to general worker quality.

    This is a baseless assertion - just as baseless as your prior assertion.  When it boils down to it - when a business process improves - in many cases it improves because the guy doing the work suggests ways to make it more efficient.  So yes, I'd say that's a clear example of worker quality improving productivity.  I have no idea what you do for a living, but clearly, you don't have all that much experience dealing with workers that are allowed to think independently.  I remember it wasn't that long ago people used to praise the ingenuityworking man - because they were wise enough to realize it was generally the working man who had all the bright ideas.  Today, with the blind worship of capital - as you seem to be doing - our economy sucks.  Go figure.

    A company can compensate employees based on productivity if they wish.  If technology allows your salesman to make $300k a year instead of the $100k he was making, though, and you could retain or replace him for $100k, you're overpaying for labor (and should reduce the sales commission.)
    Thus perpetuating the exploitative nature of unfettered capitalism.  Capitalist systems will fail following such rules.  The only way capitalism is workable long-term is if labor and capital have equal power - which means capital couldn't do this kind of bullshit to labor.

    You can argue all the textbook, libertarian Austrian school capitalist cheerleading bullshit you want, but there's an idea why such ideas aren't implemented outside a classroom: because they only work in a vacuum.  They fail miserably in the real world.

    Honestly, with your almost standardized right wing views on labor policy and economics policy, I wonder if you might be on the wrong website.

    "There was no such thing as a "wealthy" hunter-gatherer. It is the creation of human society that has allowed the wealthy to become wealthy. As such, they have an obligation to pay a bit more to sustain that society than the not-so-wealthy." - Me

    by Darth Stateworker on Wed Mar 05, 2014 at 07:30:08 PM PST

    [ Parent ]

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