![[dr. bob]](/dr-bob-sm.gif)
Dr. Bob is Robert Hsiung, MD,
bob@dr-bob.orgShown: posts 35 to 59 of 85. Go back in thread:
Posted by Declan on November 25, 2005, at 17:22:32
In reply to Re: just one more... » alexandra_k, posted by Dinah on November 23, 2005, at 22:30:57
The thing that get my goat is chief executives who get share price related bonuses (for streamlining) as well as huge salaries, at the same time as governments are cutting minimum wages to help business (here in Australia). Small business is hard work and financially unrewarding often enough I know. But it just seems obscene that someone can get paid $20Mpa for (amongst other things) sacking a whole lot of people while junior wages are so low and conditions eroding. My parents were wildly conservative, but they would have felt exactly the same. I suppose most people do. I dunno.
Declan
Posted by Jakeman on November 25, 2005, at 19:54:00
In reply to Re: just one more... » AuntieMel, posted by cricket on November 25, 2005, at 14:52:47
"The heads of America's 500 biggest companies received an aggregate 54% pay raise last year. As a group, their total compensation amounted to $5.1 billion, versus $3.3 billion in fiscal 2003."
forbes.com 04/20/05
I noticed that the CEO of my health insurance company, United Health Care (which is constantly raising premiums and copays) is one of the top ten highest paid CEO's. How could anyone even spend 200 million in a year?
warm regards ~Jake
Posted by Declan on November 25, 2005, at 20:40:26
In reply to Re: just one more..., posted by Jakeman on November 25, 2005, at 19:54:00
The head of your health care company earns $200M a year? What can you say? If he was worth half that he would have doubled your premiums and halved your benefits?
We are living in particularly shameless times. The world needs a day of repentance.
The poor chap is probably having trouble making ends meet.
Declan
Posted by Jakeman on November 25, 2005, at 21:59:56
In reply to Re: just one more..., posted by Declan on November 25, 2005, at 20:40:26
> The head of your health care company earns $200M a year? What can you say? If he was worth half that he would have doubled your premiums and halved your benefits?
> We are living in particularly shameless times. The world needs a day of repentance.
> The poor chap is probably having trouble making ends meet.
> DeclanI mis-spoke, that was someone else. William McGuire, CEO of United Health Group, made 125M last year. United has been a darling of Wall Street due to their profitablity. Meanwhile patient costs have gone up and services we receive (like 5 minute dr. visits) have shrank. It's quite amazing.
~Jake
Posted by alexandra_k on November 26, 2005, at 3:12:31
In reply to Re: just one more... » alexandra_k, posted by Dinah on November 23, 2005, at 22:30:57
> Companies rarely absorb cost without action. There are two possible actions. Cutting costs (by perhaps cutting employees or perhaps by outsourcing to areas with lower labor costs) or raising prices (causing a raise in inflation and reducing the actual buying power of the raise in the minimum wage).
Why would they do this?????
> they want x% gross profit, x% net profit.
Hmm.
Profit vs welfare of employees.
Interesting...> By the way, most big businesses are owned by regular folk. Their stock is held in retirement accounts everywhere, and savings for retirees, and middle class people.
I read in that article I gave you the link to...
About how a small percentage of the population had over half the wealth...
Well... I think it was an even smaller percentage of the population that had something like 80-90% of the stocks, bonds, and shares.
Interesting...>It's rarely helpful to the economy at large to assume that "big business" will absorb the cost of anything...
Not volountarily they won't.
Thats something that I am a bit worried about 'the economy at large'.
If it is all about the 'economy at large' that makes it sound like it is for the welfare of every individual in the country.
But when a tiny percentage of the country has the majority of the wealth the benefit of the 'economy at large' mostly benefits that tiny percentage.> Certainly, I suppose a lot of raises could be absorbed by the those exorbitant executive salaries that we all hear about.
Yes indeed. That is my thought right there.
>But honestly, is that likely to happen in the real world?
I don't imagine they will do it volountarily, no.
Thats where the government should step in with laws IMO.
> And the owners of small businesses? Well, a lot of them are my heroes. Putting their entire wealth on the line on shaky prospects. Often earning less than their employees, when times are lean.I hear you there.
But then those people... Aren't the ones I'm worried about.> The only way you can control one element of the economy without countless other elements also being shifted is in an economy controlled by the government. But that style of economy clearly has drawbacks as well.
Don't you think that the government IS controlling the economy currently?
I mean... The laws they make...
The laws they fail to make...
All affect the economy.
Currently... The government has encouraged a division in wealth. The wealthy profit (and make more) whereas the people who work for minimum wage... The people who earn just over minimum wage... The people who don't earn anything... Well... What is the government doing for them?
Posted by Dinah on November 26, 2005, at 12:56:27
In reply to Re: just one more... » Dinah, posted by alexandra_k on November 26, 2005, at 3:12:31
Sorry. Don't agree.
Not sure where the figures about the stocks and bonds came from. Nearly everyone who has a 401K has their money invested in mutual funds, most of which consist of stocks and bonds. The retirement of just about everyone who has a retirement plan rests on hte health of "big business".
By a controlled economy I mean a controlled economy. Not an economy influenced by incentives, or with compliance laws.
Economic well-being has traditionally been judged by percentage gross profit, percentage net profit, or return on investment (having to do with the profit returned per dollar of stock value, or something like that). Clearly a company that makes $100,000 a year on $5,000,000 of sales is healthier than a company that makes $100,000 a year on $500,000,000 of sales, so it makes sense.
Exactly how much a government does for people in low income brackets or who earn no income is up for debate. Of course, who makes no income is also up for debate. The underground economy is booming, thank you very much.
I see two keys in making this situation better. One is education. Two should be education as well. And so should three, four, five, six, and seven. I come from an area with such poor education, that many of our residents make minimum wage, unless they manage to get into a profession with tips. And we can't attract better jobs because our education system is so bad.
But I'd also like to see major improvements made in the medical care system. The insurance portability was a big step forward. But it didn't go far enough. Being able to keep your health insurance at a reasonable rate is vital. Getting help paying for premiums if necessary is cost effective for the government as well as anyone else. And I'd personally like to see Medicaid replaced by an insurance pool, with subsidized premiums. Our government hasn't shown a great record in the medical insurance industry, and I'd rather see the poor have access to the same insurance plans as the middle class, with the premiums subsidized. You'd still probably have a small segment of the market, nursing homes, group homes, etc. that would have to be directly funded by the government.
How familiar are you with the tax laws, welfare laws, disability laws, earned income credit, etc. that exist in the United States? It certainly is not a perfect system, but I don't get the sense that it is exactly as you are portraying it. And I say that as someone who knows a fair number of people in my area who are part of the system.
I rail at the injustices as much as anyone (on both sides, I might add - since I do know people who abuse the system). But if I had the energy and the will to really want to make a difference, I'd learn all I could about how things really work now, and study psychology and economics to gain the perspective needed to gain a reasonable understanding of the likely effects of proposed changes. I would be a voracious consumer of all sorts of information from all sorts of sources. I'd probably be especially careful to read sources that came from a different perspective than the ones I would normally choose, to make sure that I cleansed myself of any biases that might cloud my judgement or influence my decision processes.
But I really don't have the energy to do any of that. :(
I heard a story that NASA hired a whole bunch of scientists who said it was impossible to get to the moon, and made sure they had solutions to all of the problems these scientists brought up.
I'm afraid my best role is that of those scientists.
Posted by Dinah on November 26, 2005, at 13:10:31
In reply to Re: just one more... » Dinah, posted by alexandra_k on November 26, 2005, at 3:12:31
By the way, the reason I missed Daddy was that he had more energy and will to do those things than I did. He was a voracious consumer of information, and once I became old enough to discuss religion and politics, we whiled away many hours that way.
One of his favorite areas of interest was the unintended consequence. He was much better at seeing and describing him than I will ever be. And he was not infrequently spot on in his analysis. I am the merest dabbler in comparison and really consider myself quite unworthy as a participant.
Posted by Dinah on November 26, 2005, at 19:12:10
In reply to Re: just one more... » alexandra_k, posted by Dinah on November 26, 2005, at 13:10:31
I see I'm having my word substitution problems again. Sorry for any confusion reading my posts.
Posted by alexandra_k on November 26, 2005, at 20:11:54
In reply to Re: just one more... » alexandra_k, posted by Dinah on November 26, 2005, at 12:56:27
> Sorry. Don't agree.
:-)
> Not sure where the figures about the stocks and bonds came from.> The richest 10 percent of families own about 85 percent of all outstanding stocks. They own about 85 percent of all financial securities, 90 percent of all business assets. These financial assets and business equity are even more concentrated than total wealth.
http://multinationalmonitor.org/mm2003/03may/may03interviewswolff.html
What is 401K?
> The retirement of just about everyone who has a retirement plan rests on hte health of "big business".
How many people in the US have a retirement plan?
> By a controlled economy I mean a controlled economy. Not an economy influenced by incentives, or with compliance laws.
I don't really know anything about that...
> Economic well-being has traditionally been judged by percentage gross profit, percentage net profit, or return on investment (having to do with the profit returned per dollar of stock value, or something like that). Clearly a company that makes $100,000 a year on $5,000,000 of sales is healthier than a company that makes $100,000 a year on $500,000,000 of sales, so it makes sense.Right. I think there should be laws on how much you have to pay employees, though. I mean... There is a minimum wage at present. But that minimum wage isn't enough. Could you live on minimum wage? I don't believe I could.
> Exactly how much a government does for people in low income brackets or who earn no income is up for debate.
Yeah.
> The underground economy is booming, thank you very much.
Yeah. I wonder why.
Hmm.
Minimum wage vs crime...
I wonder what I would choose ;-)
> I see two keys in making this situation better. One is education.Yeah. Education is important. Really very. But in order to get yourself an education... It helps things along rather if you are in a good state of health and are getting enough food etc.
>I come from an area with such poor education, that many of our residents make minimum wage, unless they manage to get into a profession with tips.
Hmm.
So... They work hard and still struggle...> And we can't attract better jobs because our education system is so bad.
Hmm.
> Being able to keep your health insurance at a reasonable rate is vital.It is when health insurance is a requisite for treatment, yup.
> I'd rather see the poor have access to the same insurance plans as the middle class, with the premiums subsidized.
That sounds good. But once again... Could you afford to live someplace and have enough to eat on minimum wage? How about health insurance - even if that insurance was 'subsidised'?
> You'd still probably have a small segment of the market, nursing homes, group homes, etc. that would have to be directly funded by the government.
Yeah.
> How familiar are you with the tax laws, welfare laws, disability laws, earned income credit, etc. that exist in the United States?Hardly at all. I don't know very much about the situation in NZ either.
> It certainly is not a perfect system, but I don't get the sense that it is exactly as you are portraying it. And I say that as someone who knows a fair number of people in my area who are part of the system.
Right.
Well...
I guess I'm thinking of minimum wage...
That there are people who attempt to live on that.
I'm thinking you qualify for 6 months unemployment benefit, then thats all folks.
I'm thinking that without health insurance you really struggle to get medical care / afford prescriptions.
I'm thinking that the division in wealth is one of the worst in the world.
Its that latter point that really gets to me.> I rail at the injustices as much as anyone (on both sides, I might add - since I do know people who abuse the system).
People who 'abuse the system'...
If they didn't 'abuse' the system would they have enough to meet their basic needs?>But if I had the energy and the will to really want to make a difference, I'd learn all I could about how things really work now,
Yeah. To know the facts.
> and study psychology and economics to gain the perspective needed to gain a reasonable understanding of the likely effects of proposed changes.
I was starting to think politics. I don't really want to do economics. There is math in economics :-(
>I would be a voracious consumer of all sorts of information from all sorts of sources. I'd probably be especially careful to read sources that came from a different perspective than the ones I would normally choose, to make sure that I cleansed myself of any biases that might cloud my judgement or influence my decision processes.
Yeah. I guess I'd stick to the facts. And people who offer well reasoned interpretations of the facts. There is a lot of mis-information out there... It would be interesting to study from the perspective of clearing those mis-understandings up and hearing some of the arguments from both sides.
> But I really don't have the energy to do any of that. :(Yeah. I don't imagine I'll bother either ;-)
> I heard a story that NASA hired a whole bunch of scientists who said it was impossible to get to the moon, and made sure they had solutions to all of the problems these scientists brought up.
> I'm afraid my best role is that of those scientists.:-)
Thats okay. Somebody has to do it.
:-)I guess I think...
That the inbalance in the distribution of wealth is unfair.
It is that that I'm looking at fixing...
Posted by alexandra_k on November 26, 2005, at 20:17:32
In reply to Re: just one more... » Dinah, posted by alexandra_k on November 26, 2005, at 20:11:54
Ah. Here we go (from the above link)
MM: A couple years ago there was a great deal of talk of the democratization of the stock market. Is that reflected in these figures, or was it an illusion?
Wolff: I would say it was more of an illusion. What did happen is that the percentage of households with some ownership of stocks, including mutual funds and pension accounts like 401(k)s, did go up very dramatically over the last 20 years. In 1983, only 32 percent of households had some ownership of stock.By 2001, the share was 51 percent. So there has been much more widespread stock ownership, in terms of number of families.
But a lot of these families have very small stakes in the stock market. In 2001, only 32 percent of households owned more than $10,000 of stock, and only 25 percent of households owned more than $25,000 worth of stock.
So a lot of these new stock owners have had relatively small holdings of stock. There hasn’t been much dilution in the share of stock owned by the richest 1 or 10 percent. Stock ownership is still heavily concentrated among rich families. The richest 10 percent own 85 percent of all stock.
As a result, the stock market boom of the 1990s disproportionately benefited rich families. There were some gains by middle class families, but their average stock holdings were too small to make much difference in their overall wealth.
Posted by Dinah on November 27, 2005, at 1:27:38
In reply to Re: just one more... » Dinah, posted by alexandra_k on November 26, 2005, at 20:11:54
> What is 401K?
A 401K is a retirement plan where you can put pretax income aside for your retirement, and your company will match up to a certain percent of your salary. A lot of the old pension plans have been supplanted by 401K's. Admittedly this is because it is cheaper for employers to make matching contributions, because there are those employees who will choose not to participate.
> > The retirement of just about everyone who has a retirement plan rests on hte health of "big business".
>
> How many people in the US have a retirement plan?Most middle class families have at least some retirement funds. In my house, it's my husband because I'm a spendthrift. I don't know where we fall in the percentage of income scale, but we're middle class. And we would consider a significant long term drop in the stock market to be not such a good thing.
> > The underground economy is booming, thank you very much.
>
> Yeah. I wonder why.
> Hmm.
> Minimum wage vs crime...
> I wonder what I would choose ;-)I don't really consider it all that funny. It puts two different people making the same amount of money in two different positions based on whether the money is earned above or below the table. That doesn't seem fair to me. Especially when I personalize it among the people I know.
I'm not blaming the *people* around here for the lack of an education. The system could use a lot of improvement. I'm just saying that's the long term key to this problem.
You make it sound as if we throw the poor to the wolves in our country, and that's just not true. Medicaid pays for health care, although admittedly there is a lot of problems with that system. Which is why I propose that the government pay for the health insurance rather than pay for the medical care directly. Kids get free lunches, and for the most part free breakfasts as well, if they need it, during the school year at least. Two of my close friends were able to make use of WIC (don't ask me, something about food for women with young children), even though they qualified as working poor rather than unemployed. And I'm pretty sure they qualified for Medicaid as well, so they and their kids were able to go to the same doctors that I and my kids went to. The big problem was scheduling time off to take their kids to the doctors. Especially difficult since they used public transportation. I have the luxury of telling my employers that I have to go to the doctors and I'll finish my work on my off hours. Not everyone has that luxury, and that sort of thing was the biggest obstacle to health care. This was a few years back, and I'm not sure if policies have changed substantially. But at that time there was a safety net for the working poor. Both my friends used it wisely and responsibly. Which is not to say it was easy for them. It wasn't.
> I was starting to think politics. I don't really want to do economics. There is math in economics :-(
Isn't it kind of hard to do politics without a good grasp of economics? Even if you aren't actually running for an office yourself, in order to evaluate the effectiveness of politicians, isn't a good grasp of the facts and a knowledge of economics vital?
You know, Alexandra, most people endorse the same vision of the future. It's the how to get there that has the politicians at odds.
Posted by alexandra_k on November 27, 2005, at 18:38:05
In reply to Re: just one more..., posted by Dinah on November 27, 2005, at 1:27:38
> A 401K is a retirement plan where you can put pretax income aside for your retirement...
Okay, thanks for that.
> > > The retirement of just about everyone who has a retirement plan rests on hte health of "big business".
Okay. In the above link he said...
>a lot of these new stock owners have had relatively small holdings of stock. There hasn’t been much dilution in the share of stock owned by the richest 1 or 10 percent. Stock ownership is still heavily concentrated among rich families. The richest 10 percent own 85 percent of all stock.
>the stock market boom of the 1990s disproportionately benefited rich families. There were some gains by middle class families, but their average stock holdings were too small to make much difference in their overall wealth.
(In case you are worried about the source he is an economist at NYU. He has written a book on what should be done about the situation - I should check it out sometime)
The rich get richer...
And the middle class benefit just enough for them to think that THEIR welfare is dependent on the economy. I bet... That the economy could afford to suffer somewhat and the majority of Americans could still be better off if the wealth within the country was distributed a little more fairly...I mean... In NZ our economy isn't doing nearly so well as the US economy. But I would say... That in terms of quality of life (basic needs being met from within the law)... More people in New Zealand have that than US citizens...
> I don't really consider it all that funny.
I don't consider it funny either. Really, I wasn't attempting to make a joke. I think that sometimes... That is the harsh reality. Some people simply cannot make ends meet from within the law and thus they are forced to revert to unlawful activities. Other people weigh things up a little: minimum wage vs. crime. Thats not at all a laughing matter...
> I'm not blaming the *people* around here for the lack of an education. The system could use a lot of improvement. I'm just saying that's the long term key to this problem.
Yes. And if the government... Took some of that money from the wealthy... They could use that money to spend on healthcare, education, and housing for people who cannot afford to get a reasonable quality / amount of these things if *left* to their own devices. In doing that... Well... It would be an investment for future generations. It would go some way towards remidying the inequalities that people are born into through no fault of their own.
> You make it sound as if we throw the poor to the wolves in our country, and that's just not true.I don't think they are thrown to the wolves...
I think they are fairly much *left* to fend for themselves as best they can.
They are left to rely on the charity of individuals.
They are left to beg for money and food...
Yeah, I guess that is the way it seems to me...> Kids get free lunches, and for the most part free breakfasts as well, if they need it, during the school year at least.
:-)
Thats good.
How about their parents?
How come they don't have enough money / food to feed their kids?
How do their parents eat?> The big problem was scheduling time off to take their kids to the doctors.
Yeah. I think there is a lot society could / should do about caring for kids (paid maternity leave, paid post-natal leave, paid time off to care for sick kids etc)
> Isn't it kind of hard to do politics without a good grasp of economics?
I imagine you learn a bit about economics in virtue of studying politics. Everything... Inter-relates ultimately...
>Even if you aren't actually running for an office yourself
Oh, hell no!!! LOL!!! No what I'm thinking... Is something along the lines of a policy analyst. Maybe for some organisation like the one I've been giving you links to all the time. Some conscience group. I'd do it volountarily... But I guess I'd have to stay in New Zealand to qualify for welfare while I'm doing the volountary work. When you really think about it, what is volountary work but work that society doesn't value enough to pay people for???
> in order to evaluate the effectiveness of politicians, isn't a good grasp of the facts and a knowledge of economics vital?
I suppose it would be if one thought that the measure of 'effectiveness' had to do with economic growth or something like that. IMO... One hungry kid is one too many hungry kid. One sick kid is one too many sick kid. There are hungy and sick kids in the US and you can go on about 'economic growth' as much as you like, IMO something should be done about that. And the fact that that is not on the agenda... Killing civilians in Iraq and building nukes and exploiting the worlds oil resources is prioritised... Well... That tells me something is wrong. I don't need to know the figures on economic growth to figure that the economic growth hasn't benefited the majority of the citizens in the US; rather... the rich get richer and the poor fairly much are left to fend for themselves on a minimum wage that I couldn't meet my basic needs on.
> You know, Alexandra, most people endorse the same vision of the future.I really don't think... That they do. I used to think that, but I have changed my mind fairly recently.
Some people... Look out for them and their own. They want MORE than other people. They want to assert their DOMINANCE their SUPERIORITY. They don't care who they trample on to get there. They think like is about survival of the fittest. A horribly distorted version of Darwinism called SOCIAL DARWINISM.
That is very different from looking out for other people and having a sense of social responsibility. Thinking that one has an obligation to help people / societies that are worse off than oneself. Thinking... That it is worth doing that even when it means that one has a little less money / wealth in ones own life and in the life of ones friends and family.
Instead of thinking 'if we make them self-sufficient then we will only have another arms race with a new set of people sometime in the future' thinking 'if we help them be self-sufficient then maybe they will help us one day if we need it and maybe the world will be a better place'.
>It's the how to get there that has the politicians at odds.
Yeah. Like world peace.
Some people think the only way to achieve world peace is for everybody to have the same weapon technology. The same nukes. Then the threat of global destruction will ensure that nobody nukes anybody else.Other people think the only way to achieve world peace is for everybody to disarm. For nobody to have weapons. Then nobody will set off a nuke in a moment of irrational paranoia or whatever. Then nobody will die if an *accident* happens.
And I appreciate the issue about nuclear power now...
The nuclear power stations...
Produce a by-product that can be used to make nuclear weapons.
Where you have nuclear power then you have the componants to make yourself a nuclear weapon.And that is why...
No nukes on NZ waters...
And it is in virtue of that...
That New Zealand lost its free trade agreement with the United States.
Because we wouldn't let nuclear powered ships in our waters. Because we wouldn't let nuclear weapons onto our land(Though apparantly US flights aren't required to declare what is on board when they land in our airports so we are kidding ourselves if we think our country is totally nuclear free).
We are currently persuing...
A free trade agreement with china...
(rumoured to be the worlds next super-power)
Politics.
Sigh.Why can't people just be nice to one another?
I think it is about...
Clamping down on the small stuff.Hitler should have been prosecuted well before he got into power...
And other people in Germany well before that...
It would have prevented the situation getting to that level.Current US administration...
Will they be prosecuted now???
Or later???Hmm.
Hmm.
Posted by Dinah on November 28, 2005, at 9:18:56
In reply to Re: just one more... » Dinah, posted by alexandra_k on November 27, 2005, at 18:38:05
I'm not sure I know what to say.
Other than I think that goals are more similar than you do, in almost all people.
And I'm not sure it's possible to have productive dialogue without that basic assumption. Surely you believe that I don't want people living in poverty any more than you do. Or that Bill Gates (as an example of an exceptionally rich man) doesn't want to see people in poverty any more than you do, for that matter. Even if you don't believe that people genuinely want to help the poor, poverty isn't in anyone's best interests as an issue. There is a heck of a lot of differences in the way people see fit to address poverty. But not much difference in the desire to address it.
I'm not sure it's possible to productively discuss the differences in methods without acknowledging the similarities in goals.
Posted by alexandra_k on November 28, 2005, at 16:05:17
In reply to Re: just one more... » alexandra_k, posted by Dinah on November 28, 2005, at 9:18:56
> Surely you believe that I don't want people living in poverty any more than you do.
I know you are a kind hearted person Dinah, please don't think I'm questioning that.
> Or that Bill Gates (as an example of an exceptionally rich man) doesn't want to see people in poverty any more than you do, for that matter.
I think that Bill Gates... Probably has enough money to meet the basic needs (of healthcare, education, food, shelter) of every person in a small country for a number of years...
While still having enough to meet his basic needs, the needs of his family and friends, and still continuing his company and going on to make... More money.
Yet he chooses not to.
Why is that?
Why is that?Does he perhaps have some greater good in mind?
Does he perhaps... Not think about it...
?> I think that goals are more similar than you do, in almost all people.
I think that our biology...
Gives us an inheritance where life is lived in the face of a conflict between two opposing forces:
Competition and Co-operation
Darwinists... Evolutionary theorists have traditionally emphasised the role of competition.
Competition is what propells us foward...
(This is the backwards idea of 'survival of the fittest' which is a very different notion indeed from 'elimination of the unsuccessful'. Because the idea of the former... Tends to be associated with the idea that the BEST people, the SMARTEST people, the HARDEST WORKING people DESERVE to be better off than others. The latter tends to be associated with the idea that WE ARE ALL SUCCESSES BECAUSE WE ARE ALL HERE!!!)
> Even if you don't believe that people genuinely want to help the poor, poverty isn't in anyone's best interests as an issue. TWhen I suggested about the government raising the minimum wage (which surely isn't interfering anymore than the interfering that was involved to set the present minimum wage) you said...
(something along the lines of...)
But some companies can't afford to pay people more than the minimum wage...
Think back...
A while ago now...
To the slave owners in the southern statesBut our companies / farms / whatever can't afford to pay the workers at all...
Is that acceptable?
Aren't both merely instances of exploitation?
Don't companies have a moral responsibility to consider the welfare of their workers? The workers spend a great deal of their lives working hard for the companies. And who benefits? The workers struggle to make their basic needs... The middle class make enough from their stocks to say 'but we can't raise the minimum wage or we would be worse off!' And the rich... Are laughing their way to the bank.
But thats okay because they are SMARTER and HARDER WORKING and they DESERVE to be rich.
I don't think it is about people caring so much as it is about people not really thinking about it.
And when they do...
When they do think about how much of a difference they could make in someones life for not buying that magazine or TV or CD that they will hate a couple months down the track... When they really think about it...They are so horrified they repress the knowledge...
And they continue on their merry way.But the middle class...
I'm not really trying to generate guilt for the middle class...
So much as I am saying that if that same situation happens with respect to the wealthy...
Then it probably is the case that...
People don't really care.Because most of us...
Are social darwinists.
Survival of the fittest.
Posted by alexandra_k on November 28, 2005, at 16:59:10
In reply to Re: just one more... » Dinah, posted by alexandra_k on November 28, 2005, at 16:05:17
and it frightens me.
because of what it can lead to
acceptance of the status quo
justification of the status quobut to feel too guilty about the choices we make as individuals...
is ultimately unproductive
we simply HAVE to repress the knowledge of how many children die in third world countries every minute
we simply HAVE to repress the knowledge that that i-pod, that CD, that TV, that car, that therapy session could meet feed however many hungry children.
We simply HAVE to or we wouldn't be able to function
The guilt would paralyse us
We can't do it.But what that leads to...
Is the same thing happening at the level of the rich
The same thing happening where Bill Gates could meet the basic needs of a small country...
But does not think on it.
Or manages to rationalise some justification as to how the greater good actually requires him not to,
Manages to repress the knowledge that this is actually something that he could doAnd same with current administration
Rebuilding New Orleans
Minimum Wage
Welfare
EducationWhat do those things matter when compared to building the best nukes
Oil
Economic growth
building rockets to the moonSurvival of the fittest
Posted by Dinah on November 28, 2005, at 16:59:23
In reply to Re: just one more... » Dinah, posted by alexandra_k on November 28, 2005, at 16:05:17
I have nothing really to say. So I'll just bow out.
Posted by Damos on November 28, 2005, at 17:21:42
In reply to Re: just one more..., posted by alexandra_k on November 28, 2005, at 16:59:10
Sorry to butt in but I'd just like to recommend the film "The Girl in the Cafe", surprisingly it is about exactly the things you're talking about (a G7 summit) and one scene will stay with me forever it was so powerful. No horrific imagery, just the simple clicking of fingers. I've begun to question myself on so many levels and am stuggling to find answers that are acceptable to me.
Posted by AuntieMel on November 28, 2005, at 17:42:20
In reply to Re: just one more... » alexandra_k, posted by Dinah on November 23, 2005, at 22:30:57
"And the owners of small businesses? Well, a lot of them are my heroes. Putting their entire wealth on the line on shaky prospects. Often earning less than their employees, when times are lean. I hesitate to think what raising the minimum wage substantially, and the resulting higher salary demands by people all up the pay scale, would mean to those people who are trying to make ends meet in the current business climate where increased insurance costs alone... Well, dont' get me started on that."
Thank you for that Dinah. My hubby is one of those "put it all on the line and make 1/3 of what he made before" start his own business types. We sunk what was, to us, a scarey amount into it and took a huge hit in monthly income.
It's working out ok, but we're not making it hand over fist either - and he still hasn't given himself a raise.
Posted by AuntieMel on November 28, 2005, at 18:00:28
In reply to Re: just one more... » Dinah, posted by alexandra_k on November 26, 2005, at 3:12:31
"> they want x% gross profit, x% net profit.
Hmm.
Profit vs welfare of employees.
Interesting..."It's both. Without profit there *are* no employees. Without a fair percent return on investment, stockholders will sell the stock and the company will go under, leaving many more unemployed.
Exxon announced "billions" in profit in the third quarter, and got reamed in the papers for it. But, it was still only about 12% return on investment, much smaller than many, many other companies - and the stock price went down.
----------------------------------
IMO... One hungry kid is one too many hungry kid. One sick kid is one too many sick kid. There are hungy and sick kids in the US and you can go on about 'economic growth' as much as you like, IMO something should be done about that.
> Kids get free lunches, and for the most part free breakfasts as well, if they need it, during the school year at least.
:-)
Thats good.
How about their parents?
How come they don't have enough money / food to feed their kids?
How do their parents eat?It's available to anyone under a certain income (not poverty level, higher than that) and it doesn't matter if the parents can afford to feed the kids or not. So, what about the parents? They can use that money for something else, that's what.
In one school my daughter went to, over half the kids were on free lunch.
And nobody *has* to beg for money and food. We really aren't so heartless, you know.
---------------------------------------------
"I think that Bill Gates... Probably has enough money to meet the basic needs (of healthcare, education, food, shelter) of every person in a small country for a number of years...
While still having enough to meet his basic needs, the needs of his family and friends, and still continuing his company and going on to make... More money.
Yet he chooses not to.
-----------
Bill Gates donates millions to charities, including (I think) the new international push to see all kids get vaccinations.
Posted by alexandra_k on November 28, 2005, at 18:24:08
In reply to Re: just one more... » alexandra_k, posted by AuntieMel on November 28, 2005, at 18:00:28
> It's both. Without profit there *are* no employees. Without a fair percent return on investment, stockholders will sell the stock and the company will go under, leaving many more unemployed.
... And if we free the slaves, then won't they starve to death?
Do you think there is something wrong with this system?
> Exxon announced "billions" in profit in the third quarter, and got reamed in the papers for it. But, it was still only about 12% return on investment, much smaller than many, many other companies - and the stock price went down.
Where did the profits go?
Did the workers get christmas bonuses?
Lunch?
An adequate health insurance plan?
Good quality housing?> > Kids get free lunches, and for the most part free breakfasts as well, if they need it, during the school year at least.
> In one school my daughter went to, over half the kids were on free lunch.
And that is indeed better than having them go hungry.
I would imagine, however, that is is fairly demoralising to those children who are on free lunch.
> Bill Gates donates millions to charities, including (I think) the new international push to see all kids get vaccinations.
'Millions'.
How many billions, or is it trillions does he have?
To repeat:> "I think that Bill Gates... Probably has enough money to meet the basic needs (of healthcare, education, food, shelter) of every person in a small country for a number of years...
> While still having enough to meet his basic needs, the needs of his family and friends, and still continuing his company and going on to make... More money.
> Yet he chooses not to.
Posted by AuntieMel on December 2, 2005, at 9:10:08
In reply to Re: just one more... » AuntieMel, posted by alexandra_k on November 28, 2005, at 18:24:08
"> In one school my daughter went to, over half the kids were on free lunch.
And that is indeed better than having them go hungry.
I would imagine, however, that is is fairly demoralising to those children who are on free lunch."
It shouldn't be too demoralizing. It's done in confidence. Only a statistic of percentage is public knowledge, not which kid.
Posted by Dinah on December 2, 2005, at 12:15:18
In reply to Re: just one more..., posted by AuntieMel on November 28, 2005, at 17:42:20
Seriously, I mean it.
I got so hysterical the other day accidentally listening to Rush Limbaugh talk about New Orleans (I had tuned into the radio station that's been our lifeline and our hope as well) that I nearly threw up. One of the things he said was that if small businesses were going under in New Orleans, that it was because they weren't well enough run, and that better ones would come take their place.
I am seeing small businesses fail daily here. Assets under water for so long, no cash inflow, lots of expenses, exorbitant wages to get untrained workers because of the housing shortage. The old workers left, and haven't and can't return. Ours is a small business. Of our employees without blood ties to the owners, only half returned to the city. Homes destroyed, spousal jobs lost, schools closed.
But even in the best times, well... I know that most people see opening a small business as a path to freedom. But I sort of see it as admitting you'll be the only one who isn't guaranteed a pay check for the work you've done. There have been times when my bosses didn't get paid. But I and my fellow employees always did. The rewards can be great, but the risks are great. And they provide so many jobs for the economy.
I wish more could be done for them. It saddens me so to see one after another struggle for air before going under.
Posted by Gabbix2 on December 3, 2005, at 0:45:16
In reply to Re: just one more... » AuntieMel, posted by Dinah on December 2, 2005, at 12:15:18
Generalizations, assumptions, stereotypes..
It's not okay to generalize about the poor, or people on disability because you don't know their situation, and you don't know what they are up against.
Generalizations about people who have not labelled themselves by belief, or title, cannot be accurate, and they are often prejudice.
IT's no different when making generalizations about the RICH about Americans, about business owners, you cannot KNOW.. and why the H*ll is it the U.S businesses here being attacked?
What does small business have to do with U.S policy.
The only way this type of *argument* could have any credibility if every small business in every country every where was evaluated and then perhaps some sort of comparison could be made. Though I'd guess the amount of small business owners who mistreat employees and those who take advantage would come up pretty much even.
As would the amount of relatively rich people who don't use their money to better the lives of others.
Bill Gates works on the "Give a man a fish he eats for a day" principal.
He has funded eductation, made sure libraries have books, and all students have access to computers, he makes the money he donates continue to work
And another thing that completely galls me is that these sweeping generalizations are done under the guise of desiring fairness and equality.
And guess what? Sweeping GENERALIZATIONS aren't fair, and the people being criticized and stereotyped are not being treated as equals.I don't see any consistancy here at all.
All I see is something that seems far more personal than political.
Posted by verne on December 3, 2005, at 9:56:56
In reply to Re: just one more...thing I REALLY HATE, posted by Gabbix2 on December 3, 2005, at 0:45:16
Your preaching is music to this choir member.
I agree completely. I'm so tired of apologizing for being American. I feel like an asterisked human.
Verne
Posted by Gabbix2 on December 3, 2005, at 12:36:12
In reply to Amen » Gabbix2, posted by verne on December 3, 2005, at 9:56:56
> Your preaching is music to this choir member.
>Thanks Verne
I'm Canadian, but it just galls me when people argue the "superiority" (and i'm not even going to get into that.. it's just a can of worms) of the way things work in their own country in such personal way--hey unless you've actually affected those policies it's nothing more than a roll of the dice where you happen to be living. It's circumstance not virtue that put you where you are.
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