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Company’s $70,000 Minimum Wage Works Out Just Like Atlas Shrugged Predicted
pjmedia.com ^ | 8/3/2015 | Walter Hudson

Posted on 08/03/2015 8:14:18 AM PDT by rktman

click here to read article


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To: DesertRhino

Talent is not the issue, motivation is.

The communist countries never lacked talent, they had brilliant scientists and brilliant engineers and brilliant inventors and not doubt brilliant entrepreneurial minds, but no one is actually going to use their talent and work hard if everyone is getting the same compensation regardless of effort and result.


41 posted on 08/03/2015 11:07:38 AM PDT by Truthsearcher
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To: rktman

“Dan Price, 31, tells the New York Times that things have gotten so bad he’s been forced to rent out his house.
“I’m working as hard as I ever worked to make it work,” he told the Times in a video that shows him sitting on a plastic bucket in the garage of his house. “I’m renting out my house right now to try and make ends meet myself.””

Brown outlook on the world. This isn’t a negative consequence, it’s Price showing his people he will live on his 70k too.


42 posted on 08/03/2015 11:13:18 AM PDT by DesertRhino (I was standing with a rifle, waiting for soviet paratroopers, but communists just ran for office)
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To: minnesota_bound

bump

Not many people can save these days in this economy


43 posted on 08/03/2015 11:15:19 AM PDT by GeronL
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To: Truthsearcher

A lot of people are being paid somewhat more than they would command at a similar company. Don’t kid yourself, they know it well. They don’t want to lose a job like that.
IE,, motivation ensues.

I know its not popular, or the focus of that article, but I bet you could just as easily find most employees there who got a big bump would do anything that owner asked them to.
People will do a hell of a lot for someone who values them and takes care of them well. It happens in the Marines every single day.
It didn’t happen in soviet factories so much.


44 posted on 08/03/2015 11:20:30 AM PDT by DesertRhino (I was standing with a rifle, waiting for soviet paratroopers, but communists just ran for office)
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To: CodeToad

“Capitalism isn’t about making whatever choices you desire “

With your own company and how you pay employees. Yes,,, it pretty much is.


45 posted on 08/03/2015 11:22:14 AM PDT by DesertRhino (I was standing with a rifle, waiting for soviet paratroopers, but communists just ran for office)
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To: DesertRhino

“it pretty much is.”

So is anarchy, totalitarianism, and other forms of despotism.


46 posted on 08/03/2015 11:29:41 AM PDT by CodeToad (If it weren't for physics and law enforcement I'd be unstoppable!)
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To: rktman

This was already done 400 years ago. Plymouth Rock. Socialism failed miserably.


47 posted on 08/03/2015 12:29:28 PM PDT by Secret Agent Man (Gone Galt; Not averse to Going Bronson.)
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To: Red Badger

its probably the old 80/20 rule.


48 posted on 08/03/2015 12:30:46 PM PDT by Secret Agent Man (Gone Galt; Not averse to Going Bronson.)
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To: Noumenon

see my tagline


49 posted on 08/03/2015 12:31:09 PM PDT by Secret Agent Man (Gone Galt; Not averse to Going Bronson.)
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To: nickcarraway

capitalism allows people to make communist decisions, like this guy. the end result is he and his company and staff suffer. may recover if they reverse course.

the same cannot be said for those that attempt capitalist decisions in communist countries.


50 posted on 08/03/2015 12:33:06 PM PDT by Secret Agent Man (Gone Galt; Not averse to Going Bronson.)
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To: Secret Agent Man

When Atlas is done shrugging, he’s going to pick up a gun


51 posted on 08/03/2015 12:44:41 PM PDT by Noumenon (Resistance. Restoration. Retribution.)
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To: Noumenon

Not exactly. Remember he only did this when it was necessary.


52 posted on 08/03/2015 12:48:04 PM PDT by Secret Agent Man (Gone Galt; Not averse to Going Bronson.)
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To: rktman

It’s plain and simple common sense.


53 posted on 08/03/2015 1:17:11 PM PDT by Gumdrop
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To: Secret Agent Man

LOL! Yeah, I remember reading that slackers then have descendents currently collecting benefits.


54 posted on 08/03/2015 1:58:39 PM PDT by rktman (Served in the Navy to protect the rights of those that want to take some of mine away. Odd, eh?)
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To: Gumdrop

Again, one word: seattle


55 posted on 08/03/2015 1:59:25 PM PDT by rktman (Served in the Navy to protect the rights of those that want to take some of mine away. Odd, eh?)
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