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Wal-Mart Employees Seek More Damages
Yahoo ^

Posted on 01/03/2007 6:20:39 PM PST by traumer

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To: durasell
In their current form, they're absolutely irrelevant. But that doesn't mean they can't be relevant again.

I agree.

101 posted on 01/04/2007 7:43:03 PM PST by A. Pole (" There is no other god but Free Market, and Adam Smith is his prophet ! Bazaar Akbar! ")
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To: Pharmboy
How do you help two opposing sides at the same time?

Workers wish to offer labor in exchange for money.

Employers wish to offer money in exchange for labor.

Only those whose sight has been blurred by visions of class warfare will see employers and workers as opponents.

To be sure, workers would like to be paid as much as possible for their labor, while employers would like to pay as little as possible, but neither side has fiat power over wages.

Who prevents workers from demanding and receiving higher wages? Other workers or would-be workers.

Who precents employers from cutting wages while retaining workers? Other employers or would-be employers

The function of unions isn't to improve workers' competitive advantage against employers, because they're not competing against employers. Rather, the function of unions is to offer workers a competitive advantage over other workers and would-be workers.

It's amazing to me how often the parties on either side of a trade are treated as opponents, with policies supposedly designed to favor one or the other, when the real effect of such policies is to give or nullify competitive advantages between different parties on the same side of the trade.

102 posted on 01/04/2007 7:52:30 PM PST by supercat (Sony delenda est.)
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To: supercat
Workers wish to offer labor in exchange for money. Employers wish to offer money in exchange for labor.

The sides are not symmetrical as labor is very different from money. Labor existed BEFORE money, labor is real, money is a symbol.

103 posted on 01/04/2007 7:56:31 PM PST by A. Pole (XIV century English rhyme: "When Adam delved and Eve span, who was the gentleman?")
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To: A. Pole
The sides are not symmetrical as labor is very different from money.

Few things are perfectly symmetrical, but there are more fundamental conflicts between different workers or would-be workers competing for the same job than there are between any of those workers and the would-be employer.

104 posted on 01/04/2007 8:09:26 PM PST by supercat (Sony delenda est.)
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To: supercat; A. Pole; Pharmboy

Note how odd this talk sounds -- because nobody has talked about a new type of union since they began.


105 posted on 01/04/2007 8:47:31 PM PST by durasell (!)
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To: navyguy
"She doesn't have a clue what overtime is. I work at least that 10 hours overtime a week and I never see a penny extra for it."

Ditto that! I'm a network admin at a hospital and on salary. It's not uncommon for me to work 55 or 60+ hours a week and I always get the same amount on payday. I don't complain because I love doing it. To me it isn't work. I just do what I love to do and I happen to get paid for it as an added bonus. Actually, I'm working right now from home hehe.

106 posted on 01/04/2007 8:55:40 PM PST by KoRn
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To: KoRn

Yeah, I'm not complaining really about OT... but if that lady thinks 10 hours a month is a lot she's in for a rude awakening if he ever goes on salary. Now, if she worked and wasn't paid, THAT she should complain about. But 10 hours a month OT..? There have been times when I worked 10 hours a DAY overtime. Gotta love the tech industry...

:-D


107 posted on 01/04/2007 9:05:15 PM PST by navyguy (We don't need more youth. What we need is a fountain of SMART.)
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To: lucysmom

That particular CEO may not have been very good at his job, but he had the philosopy right. GM forgot it was in the car-making business and thought it was in the job-providing and health-insurance business. We all know how that worked out.

However, you are correct in that the other extreme doesn't work well for long, either. Disregarding the needs of your workforce is bad business practice, just as disregarding the repair schedule of your machinery is bad business practice, or disregarding the need to advertise your product effectively is bad business practice, etc. All of these are imputs to the eventual output, which for any business is profit. A smart CEO knows he needs to provide competitive wages and benefits to his workforce in order to produce a profit, so the system balances out in the long run.

You are correct that unions are on the decline, and good riddance. Outside of certain geographic areas and for certain groups of workers, they are, thankfully, no longer a factor.


108 posted on 01/05/2007 6:26:52 AM PST by LadyNavyVet
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To: A. Pole

It is not in the interests of the workers to care about the CEO per se, but it is in the best interests of the workers to care about the profitability of the company if they want to keep their jobs.

It is also in the best interest of the CEO to provide competitive wages and benefits for his workforce, so he can keep his skilled workers and produce a profit. Pay the workers too much, go out of business. Don't pay the workers enough, go out of business. The beauty of capitalism is that everyone, by serving their own interests, serves each others' interests as well.


109 posted on 01/05/2007 6:34:48 AM PST by LadyNavyVet
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To: A. Pole

Virtually anybody in this country has the opportunity to become wealthy. Becoming wealthy is more a matter of engaging in a certain set of behaviors than anything else. Get an education and job skills, get a job, get married and then have children and you have a very small chance of being poor in this country. Put a percentage of your earnings aside regularly and invest the money and you have a very great chance of being wealthy.

The only exception to these rules is the very small number of profoundly mentally or physically handicapped people who are unable to hold a job. But those numbers are very few. The vast majority of poor in this country are welfare mothers who crank out kids without fathers to provide for them. Married couples with children are rarely poor.

You speak as if the economic pie were a zero-sum gain--that if some people are rich others will necessarily have to be poor. Perhaps that is true in Poland, but it most emphatically not true here. There is abundant economic opportunity for anyone willing to gain skills and work hard.

Want the golden parachute? Study the CEOs who get them and do what they do. In this country you have a chance to get your own parachute someday or at least live a very nice lifestyle. Sitting around being jealous of those who've already achieved is pointless.


110 posted on 01/05/2007 6:49:25 AM PST by LadyNavyVet
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To: Pharmboy
Unions are now run by thugs and their hangers on (remember Jackie Presser and Jimmy Hoffa?)

Jimmy Hoffa disappeared in 1975 and Jackie Presser died in 1988, that is hardly "now".

111 posted on 01/05/2007 7:33:39 AM PST by lucysmom
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To: LadyNavyVet
You speak as if the economic pie were a zero-sum gain--that if some people are rich others will necessarily have to be poor. Perhaps that is true in Poland, but it most emphatically not true here. There is abundant economic opportunity for anyone willing to gain skills and work hard.

Much the same way any employer can afford to pay good wages and provide benefits for all employees.

112 posted on 01/05/2007 9:03:15 AM PST by lucysmom
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To: lucysmom

Any employer who can't pay market wages will soon be out of business. Indeed, four out of five businesses fail within the first five years of opening.

The agreement that an employer and employee make as to wages and benefits is their business and no one else's. Employers who pay fair wages and benefits will always have employees willing to work for them. Employees who have job skills and are willing to work hard will always find a job at a decent level of pay.

Ain't capitalism grand?


113 posted on 01/05/2007 11:01:58 AM PST by LadyNavyVet
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To: lucysmom

Oh...I must've missed a meeting. When did the unions clean up?


114 posted on 01/05/2007 3:43:34 PM PST by Pharmboy ([She turned me into a] Newt! in '08)
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To: Pharmboy

Never have, never will.


115 posted on 01/05/2007 3:44:22 PM PST by Howlin (Not voting GOP was like being thirsty but not drinking since the glass is only 75% full ~~SoCalPol)
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To: lucysmom
Here...try this. While ALL unions are certainly not corrupt, monopolies of any kind often do not yield good outcomes.
116 posted on 01/05/2007 3:48:15 PM PST by Pharmboy ([She turned me into a] Newt! in '08)
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To: Pharmboy
Oh...I must've missed a meeting. When did the unions clean up?

By "the unions", do you mean all unions? If so, just about the time all business cleaned up.

117 posted on 01/05/2007 5:56:51 PM PST by lucysmom
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To: Pharmboy
Here...try this. While ALL unions are certainly not corrupt, monopolies of any kind often do not yield good outcomes.

I agree, monopolies are not good for anybody with the exception a few people.

Unfortunately, corruption is not confined to unions. It seems to be a human affliction, and as such, can be found in any human endeavor - even at high levels within the church.

The difference is that no one suggests we do away with churches because some leaders and members are corrupt, or that we do away with corporations because some are corrupt. We tell eachother the abuse is the exception and that the intuitions, themselves, are basically sound - why not with unions?

IMHO, more than any single issue, the last election was about people deciding that monopoly of the House, the Senate, and the Whitehouse by one party was a bad idea and that our interests are better, if imperfectly, served when a variety of interests are represented and no one person, party, organization, institution, or economic interest has a monopoly.

118 posted on 01/05/2007 6:31:05 PM PST by lucysmom
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To: lucysmom
Businesses answer to stockholders, while union leadership tends to hold power once they get it and answer to no one.

All in all, however, after reading all your posts to me, I believe we are close to agreement on the major issues.

119 posted on 01/05/2007 7:49:57 PM PST by Pharmboy ([She turned me into a] Newt! in '08)
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To: Extremely Extreme Extremist

Amen. It's too bad Lefties aren't as vehement about destroying terrorism as they are about annihilating Wal-Mart.


120 posted on 01/07/2007 10:42:29 PM PST by Texas Eagle (If it wasn't for double-standards, Liberals would have no standards at all.)
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