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Which is because of greedy bastards like you, we'll always need unions in this country... (Original Post) MrScorpio Apr 2014 OP
that fuckstick actually said that? dhill926 Apr 2014 #1
He is correct. Profit sharing is and always has been at management's discretion. badtoworse Apr 2014 #2
wow. just fucking wow. perhaps, you made a wrong turn on your way to CC? Tuesday Afternoon Apr 2014 #7
I made a factual statement. What do you disagree with? badtoworse Apr 2014 #9
see my post #6 below. = Tuesday Afternoon Apr 2014 #10
The business world is not laid out that way badtoworse Apr 2014 #12
Just because it was done that way in the past does not make it right. Tuesday Afternoon Apr 2014 #14
I don't know what to tell you. badtoworse Apr 2014 #19
Most companies don't give bonuses. JaneyVee Apr 2014 #26
Perhaps "most" was an overstatement. badtoworse Apr 2014 #29
Do you think that McDonalds pays its wait staff a bonus? JDPriestly Apr 2014 #37
Speaking for the (power) companies where I have worked, all of the working people got bonuses too. badtoworse Apr 2014 #46
You are lucky to have worked for such enlightened employers. JDPriestly Apr 2014 #50
They worked for the contractor that serviced the building. badtoworse Apr 2014 #53
You are correct. sulphurdunn Apr 2014 #34
Both my Union and personal contracts with employers stipulate a share of certain profits Bluenorthwest Apr 2014 #38
I tend to use the terms "profit sharing" and "bonus" interchangeably, but there are differences. badtoworse Apr 2014 #47
I used to buy Papa John's but because of this jerk I will never buy one of their pizzas again. kimbutgar Apr 2014 #3
I've been union SevenSixtyTwo Apr 2014 #4
Well put sulphurdunn Apr 2014 #35
He's absolutely right though. Cal Carpenter Apr 2014 #5
No, he is not right. He is absolutely Wrong. Tuesday Afternoon Apr 2014 #8
The system under which he operates his business Cal Carpenter Apr 2014 #15
We are done here. Good day, Sir. Tuesday Afternoon Apr 2014 #16
I think you misunderstand me Cal Carpenter Apr 2014 #17
I am not communist. I am a Democrat. Do not use a sociopath's words to try and justify communism to Tuesday Afternoon Apr 2014 #18
Uh BlindTiresias Apr 2014 #20
NO and good day to you. I do not have time to debate philosophy with you nor, am I in the mood - Tuesday Afternoon Apr 2014 #21
Only sophists move to impasse BlindTiresias Apr 2014 #22
^^This Cal Carpenter Apr 2014 #23
It's ironic to me when people get SO upset at capitalism....... socialist_n_TN Apr 2014 #52
Some seem to be easy prey for propaganda. Capitalism has been sold as rhett o rick Apr 2014 #56
I think what you two are arguing about comes down to the meaning of the word "obligation". Nye Bevan Apr 2014 #25
I'm sure the disagreement is about more than semantics Cal Carpenter Apr 2014 #27
Indeed BlindTiresias Apr 2014 #28
Capitalism is amoral. sulphurdunn Apr 2014 #39
I think that you will find that the countries that treat people most decently are capitalist. Nye Bevan Apr 2014 #41
I think you'll find sulphurdunn Apr 2014 #43
Ah, now we're getting somewhere. Nye Bevan Apr 2014 #44
Not really. Over the long term.......... socialist_n_TN Apr 2014 #51
Only when it is on a short leash. sulphurdunn Apr 2014 #55
Absolutely! sulphurdunn Apr 2014 #36
He is correct in his statements. WhiteTara Apr 2014 #48
"Because the workers are what help make your business successful you have every obligation Tuesday Afternoon Apr 2014 #6
. Jamaal510 Apr 2014 #13
Anyone got a link to this actual quote? I couldn't find it anywhere. Nye Bevan Apr 2014 #11
I agree where is the link? RGinNJ Apr 2014 #31
This image appears on Facebook. Dr. Strange Apr 2014 #33
unfortunately the Gompers philosophy says hfojvt Apr 2014 #24
You can thank Dodge v Ford for this mindset. N/T deathrind Apr 2014 #30
Fuck him then. TRoN33 Apr 2014 #32
K & R !!! WillyT Apr 2014 #40
This is not out of line with things this jerk is known to have said in the past. Brigid Apr 2014 #42
A fake "quote". former9thward Apr 2014 #49
OK, I'm going to call bullshit on this. Nye Bevan Apr 2014 #45
K&R.. butterfly77 Apr 2014 #54
 

badtoworse

(5,957 posts)
2. He is correct. Profit sharing is and always has been at management's discretion.
Sat Apr 12, 2014, 02:03 PM
Apr 2014

Many companies pay their workers a nice fat bonus if the company has a good year. Builds loyalty and motivates excellent performance. My employers have always paid a nice bonus in good years. ETA: It is always understood that the bonus is not guaranteed.

Tuesday Afternoon

(56,912 posts)
10. see my post #6 below. =
Sat Apr 12, 2014, 03:11 PM
Apr 2014

and fuck a bunch of "legal" nonsense jive. There are ethics and morals to be considered here.

 

badtoworse

(5,957 posts)
12. The business world is not laid out that way
Sat Apr 12, 2014, 03:20 PM
Apr 2014

Many companies do pay bonuses, but they are under no obligation, moral, ethical or otherwise, to do so. The reason companies pay bonus compensation is to align the employees' interests with those of management. It's frequently tied to the achievement of individual and company goals. When the goals are met, it usually means it was a good year and everyone is happy. Management, however, always retains the right to terminate bonus plans.

ETA: It's interesting to note that OP's comment about unions doesn't really apply with respect to bonuses. In my experience, it's unusual for union workers to get a bonus, and if they do, it's usually only a token. Union workers chime in, but I believe the reason is that they don't generally bargain for a bonus in the contract.

Tuesday Afternoon

(56,912 posts)
14. Just because it was done that way in the past does not make it right.
Sat Apr 12, 2014, 03:26 PM
Apr 2014

Fuck a bunch of status quo.

It must be a good year because there were profits. duh and derp

 

badtoworse

(5,957 posts)
19. I don't know what to tell you.
Sat Apr 12, 2014, 03:39 PM
Apr 2014

Most companies want to retain motivated employees and use bonuses as a way to do so. You should get a job with such a company

 

JaneyVee

(19,877 posts)
26. Most companies don't give bonuses.
Sat Apr 12, 2014, 04:11 PM
Apr 2014

And motivation to do well is not driven by bonuses, it's driven by good salary.

 

badtoworse

(5,957 posts)
29. Perhaps "most" was an overstatement.
Sat Apr 12, 2014, 04:19 PM
Apr 2014

I'm familiar with two businesses: independent power and financial services. I'm unaware of any companies in those businesses that don't pay bonuses. I won't deny that a good salary is a motivator, but the prospect of adding 20% - 50% to your base salary usually gets people's attention.

JDPriestly

(57,936 posts)
37. Do you think that McDonalds pays its wait staff a bonus?
Sat Apr 12, 2014, 04:46 PM
Apr 2014

Does the maid who cleans up after your work day in the office enjoy a bonus?

How about your kid's teacher?

Then there is the nurse in the hospital?

The guard in your parking garage at work?

The bus driver?

Most working people do not get bonuses. They should, but they don't. And then there is the problem that some of the most useful work, the most necessary work, in our communities like teaching are performed in the public sector. There is no "profit" out of which to give a bonus.

Bonuses are not all that common in the US.

 

badtoworse

(5,957 posts)
46. Speaking for the (power) companies where I have worked, all of the working people got bonuses too.
Sat Apr 12, 2014, 06:42 PM
Apr 2014

I'm talking about the technicians, mechanics, operators and admins at the plant level. Their bonuses were tied to things like safety, not having environmental violations, reliable plant performance and staying under budget. Management was happy when they maxed out on the bonus because it meant that nobody got hurt, we didn't violate any environmental permits, the plant performed well and we stayed under the budget.

I'm a big believer in incentive compensation and I think companies would be well served to include it all their employees' compensation.

JDPriestly

(57,936 posts)
50. You are lucky to have worked for such enlightened employers.
Sat Apr 12, 2014, 09:28 PM
Apr 2014

But your employers are the exceptions. Most employers pay as little as they possibly can.

Do you think that the cleaning staff in your company's offices also receives bonuses. I doubt it.

 

badtoworse

(5,957 posts)
53. They worked for the contractor that serviced the building.
Sat Apr 12, 2014, 10:22 PM
Apr 2014

I would say that they likely did not receive bonuses, which is unfortunate. I believe that no matter what you do, there are metrics on which you can base incentive compensation. If they worked for us, we would not have left them out.

 

sulphurdunn

(6,891 posts)
34. You are correct.
Sat Apr 12, 2014, 04:41 PM
Apr 2014

Bonuses are neither sought after nor bargained for in most union contracts for the simple reason they are a bad idea that permits management to divide labor. Contracts remove any need for working people to anticipate or need charity from their employers.

 

Bluenorthwest

(45,319 posts)
38. Both my Union and personal contracts with employers stipulate a share of certain profits
Sat Apr 12, 2014, 04:53 PM
Apr 2014

which are not bonuses but part and parcel of the overall compensation package. The term 'bonus' is not part of the OP, but of your own workplace lingo.

 

badtoworse

(5,957 posts)
47. I tend to use the terms "profit sharing" and "bonus" interchangeably, but there are differences.
Sat Apr 12, 2014, 06:48 PM
Apr 2014

I can see how profit sharing would be the more appropriate term to use in a union contract.

kimbutgar

(21,111 posts)
3. I used to buy Papa John's but because of this jerk I will never buy one of their pizzas again.
Sat Apr 12, 2014, 02:12 PM
Apr 2014

Someone should order a progressive boycott of this company. Walmart and McDonalds both have had lower earnings recently.

 

SevenSixtyTwo

(255 posts)
4. I've been union
Sat Apr 12, 2014, 02:17 PM
Apr 2014

for over 30 years and I don't disagree with him. Ultimately, my job is to make profits for the company. We have a signed contract that both we and the company agreed to for pay and benefits for the term of the contract. If I want to share in the company's profits, I need to become part owner by buying shares of stock in the company I work for. Yes they are greedy bastards and yes they would love to bust the union and pay sub poverty wages but, collectively we bargain for wages and benefits before every contract expiration and agree to a new contract for wages and benefits. And yes, we still need unions in this country and every other country on the planet.

Tuesday Afternoon

(56,912 posts)
8. No, he is not right. He is absolutely Wrong.
Sat Apr 12, 2014, 03:06 PM
Apr 2014

He is not Right in The Head or The Heart. He is spouting sociopathic nonsense.

Cal Carpenter

(4,959 posts)
15. The system under which he operates his business
Sat Apr 12, 2014, 03:27 PM
Apr 2014

does not obligate him to share profits with his workers.

That's a fact. That's capitalism -- which may, arguably, be anthropomorphized as sociopathic, sure. Ain't no way around it in the big picture of our economic system. Doesn't matter if you or I think it is sick and disgusting and immoral and inhumane.

If one thinks capitalism is okay, then one cannot deny the truth of his statement. His obligations are not to his workers. They are to the company's shareholders and investors.

Cal Carpenter

(4,959 posts)
17. I think you misunderstand me
Sat Apr 12, 2014, 03:34 PM
Apr 2014

if you think I am *defending* this, you couldn't be further from the truth. I am just trying to point out that this is part and parcel of the capitalist economic system. If you disagree with that, don't get mad at me, get mad at capitalism.

Good day to you, too.

Tuesday Afternoon

(56,912 posts)
18. I am not communist. I am a Democrat. Do not use a sociopath's words to try and justify communism to
Sat Apr 12, 2014, 03:37 PM
Apr 2014

me. That is why it must be Good Day. You and I will disagree at the most cellular level. and it is too beautiful a day for that.

BlindTiresias

(1,563 posts)
20. Uh
Sat Apr 12, 2014, 03:41 PM
Apr 2014

But capitalism does in fact work that way? Can you point where in capitalist theory there is an obligation for the owner of capital to share the profits with their employees? (Hint: It isn't there). That you feel it is not moral or ethical has no interaction with the basic structure of capitalism. If you dislike this then you also dislike capitalism, so welcome to the club.

Tuesday Afternoon

(56,912 posts)
21. NO and good day to you. I do not have time to debate philosophy with you nor, am I in the mood -
Sat Apr 12, 2014, 03:43 PM
Apr 2014

It is a glorious day here and I am signing off to get some things done outside. Peace Out.

BlindTiresias

(1,563 posts)
22. Only sophists move to impasse
Sat Apr 12, 2014, 03:45 PM
Apr 2014

I'm sorry this for some reason hurts your feelings but you have to look at the basic facts at hand. Capitalism has nothing to do with morality or ethics, full stop.

Cal Carpenter

(4,959 posts)
23. ^^This
Sat Apr 12, 2014, 03:52 PM
Apr 2014

It isn't an abstract philosophical debate, as that poster seems to think. It is discussion of an actual system and set of policies with real-world consequences.

Truth's a damn pain in the ass for folks who don't dare question capitalism, for whatever reason.

Cognitive dissonance --> red-bait and run

socialist_n_TN

(11,481 posts)
52. It's ironic to me when people get SO upset at capitalism.......
Sat Apr 12, 2014, 10:10 PM
Apr 2014

when it shows it's true face. But they don't blame the system, they get upset at the people who point out the truth ABOUT the system. Then they blame it on a single capitalist, a "bad actor", WHEN THIS IS WHAT THE SYSTEM REQUIRES OF IT'S ACTORS.

 

rhett o rick

(55,981 posts)
56. Some seem to be easy prey for propaganda. Capitalism has been sold as
Mon Apr 21, 2014, 05:18 PM
Apr 2014

good for everyone and a good partner for Democracy. So when the true face of capitalism is exposed, people refuse to believe it.

Nye Bevan

(25,406 posts)
25. I think what you two are arguing about comes down to the meaning of the word "obligation".
Sat Apr 12, 2014, 04:06 PM
Apr 2014

If a corporation makes a large profit, does it have a legal obligation to share this with the workers? No, indisputably. There is no such law. But does it have a moral obligation to reward the workers with a bonus or a raise? Absolutely. I think we would all agree with this.

Having said that, I have serious doubts that the "quote" in the OP is actually real, as nobody has been able to come up with a supporting link.

Cal Carpenter

(4,959 posts)
27. I'm sure the disagreement is about more than semantics
Sat Apr 12, 2014, 04:17 PM
Apr 2014

and regardless of the veracity of the quote, the disagreement remains. But thanks for your input.

BlindTiresias

(1,563 posts)
28. Indeed
Sat Apr 12, 2014, 04:18 PM
Apr 2014

I can't seem to find the source for the quote myself, though I know that Mr. Schnatter has made ghastly comments in the past.

In terms of capitalism, there is no room for morality there. Any kind of morality system will be externally imposed as the basic structure of it says nothing of ethics or morality. Even Adam Smith kind of concedes this if you give it a careful reading, he gives normative arguments that business owners ought to provide for the welfare of their employees but offers no structural substance to his model for how this will even be the case. As such clams of moral obligation of capital holders make not a lick of sense. What are people going to do them, tell them they are immoral? Big deal says the capital owner, he has the power so you can whine about morality all day.

 

sulphurdunn

(6,891 posts)
39. Capitalism is amoral.
Sat Apr 12, 2014, 04:55 PM
Apr 2014

It was designed that way. The closest thing to ethics it possesses is the will to reward its owners to the fullest extent possible and to pass its cost on to others to the fullest extent possible.

Nye Bevan

(25,406 posts)
41. I think that you will find that the countries that treat people most decently are capitalist.
Sat Apr 12, 2014, 04:58 PM
Apr 2014

Countries such as Denmark, Germany, Norway and France that provide universal health care and generous social benefits such as unemployment insurance that never runs out.

 

sulphurdunn

(6,891 posts)
43. I think you'll find
Sat Apr 12, 2014, 05:13 PM
Apr 2014

that countries where people are treated decently are governed by people willing to force capitalism into a social contract that helps provide those benefits.

Nye Bevan

(25,406 posts)
44. Ah, now we're getting somewhere.
Sat Apr 12, 2014, 05:54 PM
Apr 2014

So we agree that it is possible for people to be treated decently in a capitalist country.

socialist_n_TN

(11,481 posts)
51. Not really. Over the long term..........
Sat Apr 12, 2014, 09:55 PM
Apr 2014

even though they call themselves capitalist, they don't practice capitalism. They practice some form of bastardized economic system that has capitalist elements and some socialist elements. What the Papa John's idiot is saying is true for capitalism in it's truest form. And as to those countries you speak of, they're already being taken over by the capitalists and are slowly, but surely losing their socialist elements. We'll see where those countries are in 30 or 30 years. Probably where we are now.

Capitalism doesn't play well with other systems. The main goal of capitalism is NOT to make society better for all citizens. It is to make profit for the owners. That is the MAIN law of capitalism. It has to be FORCED to be humane. And anything that has to be forced to be humane, won't stay that way without enormous and constant pressure, pressure that, of necessity, will wane over time.

Regulating capitalism is like riding a hungry tiger. It's VERY difficult to do and you're always in danger of being eaten.

 

sulphurdunn

(6,891 posts)
55. Only when it is on a short leash.
Sun Apr 13, 2014, 07:06 PM
Apr 2014

Adam Smith warned, "People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices."

When capitalists are as routinely put in prison for the commission of felonies as other criminals the democratic institutions of that country are strong. When they aren't treated the same as other criminals it's called the United States.

 

sulphurdunn

(6,891 posts)
36. Absolutely!
Sat Apr 12, 2014, 04:46 PM
Apr 2014

Which is why we need unions and binding contracts. It isn't about morality or ethics. It's about power. People who have unions have more of it. It's that simple.

WhiteTara

(29,699 posts)
48. He is correct in his statements.
Sat Apr 12, 2014, 07:08 PM
Apr 2014

This is not saying the policy that drives those statements is correct. But s/he is not the enemy here, just saying.

Tuesday Afternoon

(56,912 posts)
6. "Because the workers are what help make your business successful you have every obligation
Sat Apr 12, 2014, 03:04 PM
Apr 2014

to share those profits with your workers." Tuesday Afternoon.

You imbecile.

I fixed it for you.

You may thank me, you asshat fuckeroo.

Jamaal510

(10,893 posts)
13. .
Sat Apr 12, 2014, 03:21 PM
Apr 2014

"Because the workers are what help make your business successful you have every obligation to share those profits with your workers."

Nye Bevan

(25,406 posts)
11. Anyone got a link to this actual quote? I couldn't find it anywhere.
Sat Apr 12, 2014, 03:17 PM
Apr 2014

Perhaps someone with better Googling skills than me could find where he said that? Forgive my skepticism, because while obviously he is correct from a legal standpoint this would be a remarkably tone-deaf thing to say. If he really said it.

RGinNJ

(1,019 posts)
31. I agree where is the link?
Sat Apr 12, 2014, 04:34 PM
Apr 2014

Not because I like what he said but, I've seen too many bullshit memes on repug pages and I hope we're better than that.

hfojvt

(37,573 posts)
24. unfortunately the Gompers philosophy says
Sat Apr 12, 2014, 03:58 PM
Apr 2014

Just because we are successful at getting a good paying union jobs, we are under no obligation to share that with the rest of the working class.

Solidarnosc.

Brigid

(17,621 posts)
42. This is not out of line with things this jerk is known to have said in the past.
Sat Apr 12, 2014, 04:58 PM
Apr 2014

Anyway, I'll be ordering pizza in a minute here . . . From someplace else.

Nye Bevan

(25,406 posts)
45. OK, I'm going to call bullshit on this.
Sat Apr 12, 2014, 05:57 PM
Apr 2014

It's been almost 3 hours and nobody has been able to come up with a link to substantiate this "quote". So I don't think he ever said this.

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