The Huffington Post Finally Got Something Right
Allison Schrager: The Problem in the US is Economic Mobility: http://www.huffingtonpost.com/2013/08/04/economic-mobility-minimum-wage…
The article was actually borrowed from Quartz, but that still garners partial credit. I noticed many of the points made were carbon copies of the opinions most of us had in the thread regarding the McDonalds employee packet.
I also got a kick out of the author of the article getting shit on by the peanut gallery (comment section) rather than the subject.
Listening to liberal Democrats discuss economics is laughable. The comments section of this piece is an unbelievable joke. What's scary is that there is about 50% of the United States--at minimum--who is this grotesquely ignorant about how businesses operate.
Articles like these remind me why there are many people who are left-wing nut jobs on social issues but who still pull the lever for people like Mike Huckabee and Sarah Palin--because the alternative is economic insanity.
The concept of shareholder value is out of control. I am all for efficient + profitable businesses, but it is getting out of hand
Decentralize business, culture, and government as much as possible, and you'll see improvement. Whether by trust busting, creating new businesses, whatever, I don't fucking care about people's politics. You can say "own your work" all you like, but without ACTUAL OWNERSHIP people don't give a shit.
Instead of people owning and feeling like they have a say in anything, we have arcane HR concepts ranking hiring by college pedigree, GPA, and a perfect juvie record. Meanwhile, the real vitality of brash young leaders is choked out by spineless beaurocrats and old farts. With the exception of a few ballers, most people are nothing more than disposable servants at their jobs and they know it...and the apathy that breeds is enormously destructive.
I can speak from personal experience, holding three sources of income: I manage one business, I'm an owner n another, and I'm a junior slave at the third......guess which job gets my FULL attention, and guess which job I just can't wait to get rid of after a certain $$$amount in the bank / opportunity? More money would only help in the short run, but there's no way I or anyone I know looks forward to 60 years of this shit.
The problem isn't pay, the problem is CONTROL, and the average person has less of it with each passing day. It's not about the money, it's about the freedom, and the money is a byproduct. Give that back, or watch the sytem just choke itself out. Or, knowing Americans, they'll TAKE IT
America seems to need to relearn this every couple of generations.
Huffington Post's comment sections always deliver the lolz:
"It won't be long before capitalism collapses and more nations adopt communism. It's bound to happen, as Marx predicted. He predicted, for all those who haven't read anything he's said, that capitalism by it's very nature would destroy itself. Driving wages down, despoiling the very resources it needs to succeed, ruining the productive working classes, putting bureaucrats and gestapo in charge, creating financial meltdowns, all have combined to destroy capitalism. What we have today is not capitalism, it's already gone. Nations like Japan are seeing a rise in interest in communism. When 99% of the world is poor, we will have communism. If corporations were anything but locusts, they would see this and change their ways, behave more responsibly and intelligently, but no because the people who run corporations are sociopaths."
LOL. What's funny about comments like that is that it's contradictory to reality. More people are becoming wealthier. Nations like China and India have more or less rejected socialism and communism and are rising from the ashes. Same thing with Vietnam. Same thing with Chile. The opposite, however, is occurring with nations like Argentina, Bolivia, and Venezuela.
If liberals tell a lie over and over again I suppose they believe it will become true.
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