You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login

Reply #26: Productivity gains [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
AllentownJake Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-18-09 08:20 PM
Response to Reply #24
26. Productivity gains
Where do you think those are coming from? Do you think they are all coming from computers?

I'll let you in on a secret, if you pay people less, productivity goes up. CEO compensation has been directly going up in proportion with these gains.

The stock market is directly tied to free trade. If people weren't so heavily invested in their 401(k)s they'd be up in arms when an American company moves a plant to China, but since you indirectly own stock in said company, you are less concerned because you don't work there and you benefit when that company moves because some of those productivity gains from paying people less to do more goes directly to you in the form of dividends.

The 401(k) is the biggest Weapon of Mass destruction in the class war.
Printer Friendly | Permalink |  | Top

Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002
Software has been extensively modified by the DU administrators

Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC