Lita4 Wrote:
Apr 28, 2013 12:39 PM
In order for capitalism to work the smart owners know that a well paid work force allowed to take pride in their work results in superior products and services which leads to expanded market share. Those like Ford understood that his workers were his customers. They needed to be paid enough to cover the basics and have a little left over from that paycheck every week to buy some discretionary items. Crony capitalists and progressives believe the working class is there to support the privileged class that runs the company, therefore you pay them as little as you can get away with in order to reward themselves. The ideal situation for them is to export labor to 3rd world countries giving those in management a bigger share of the pie.