And if left alone, without any government interventions whatsoever, capitalism would feret out corporate "greed" that creates bad business. What you call "greed" is what others call goals. Are we not living in a country where we can make our goals whatever we wish to make them and then work as hard as we can to achieve those goals?
Originally Posted by GT Jets
If what you are calling corporate greed is the cause of the downfall of companies, then let capitalism work and let companies fail due to this sort of mismanagement. It won't be long after corporate execs wipe out corporations that corporate execs will no longer have the ablities to do so.
If all labor is controlled by labor unions, we will all be equally as poor. The only reason organized labor is able to bribe union members with higher compensations is that there are still enough other American workers who are paying for the differences in taxes for all of the money that is used by government use of union labor. Show us one country with a majority of organized labor that has not become Socialist and where that countries workers are not equally impovershed.
I guess my feelings are to lead, follow or fold. Why live in America if you have to do it like a peasant? I simply don't understand where some of you guys come from sometimes.
It is a simple matter of economics; there is only so much money available. It is a matter of how that money is distributed. A good corporate administrator who can run a company efficiently enough to provide reasonable and rational pay compensations for the workers, a reasonable return on investment for stockholders and continue to grow the company is worth just about what ever they demand in compensation.
Who are you referring to as YOU and THEY? If YOU is me, I work very hard to make the company I work FOR succeed overall so that I can remain in my position because the company is doing well. If THEY are union workers, just how much compensation does a Twinkie filler really warrant? It is not a matter of the 87% of working Americans who are not unionized are under compensated, it is a matter of the 13% of union members, 9% of whom are directly working for government and 95% of those who are working for private companies are working on projects using government money (OUR TAXES), being over compensated in order to continue supporting the Socialist unions.
So what I'm saying is, how is it that YOU want to make a decent living wage, but THEY can't? Your hypocrites.
All union hype. If we look at how many entire industries in the U.S. that have failed over the past century, we will see one constant; they all had heavy organized labor influence. The only reason the steel and railroad industries in the U.S. have not gone under is because they are so heavily subsidized by government (OUR MONEY IN TAXES) under the guise of being critical for national security. Just more of the same political and organized crim....labor working together to steal from the American workers.
Businesses don't fail because of labor in most cases. They fail because these so called executives fail to adjust in the proper manner to keep control over the ever changing business environment. Look at Hostess as you as the consumer, I can honestly say that I have not purchased ANY of their product for well over a decade. Not sure I can come up with five people I know who have. That being said, they just have not made anything that appeals to me or my family. I also don't think I am alone.
Business's need to be able to manage labor or they can not succeed. Once a business's labor force is dictated by other than management, the workers no longer work for that business, but rather for the organized labor union. When the workforce is not working for the betterment of the company, that company cannot succeed in the long run.
There are a few ways to get more profitable for your stockholders, beat up on the labor pool that got you where you are, sell off chunks of your company for a profit and dump the money onto the profitability side of things, not to mention cut back on maintenance and short pay your vendors... Notice I didn't say reduce CEO pay? That would be unheard of....:whistle:
Corporate greed at it's best.
Check into why Perdue chickens and Walmart are still such a successful companies. For our own industry, look at why Lyon, Conklin Company got rid of union labor when purchased by Fergusson under the Wolseley company. Organized labor is a parasite feeding off of business. When we get rid of the parasite, we can work on being better all around.