I drink your milkshake! a metaphor for capitalism

It will be fine

Well-Known Member
what do you pay your workers and how much do you profit off them every hour on average.
My employees do alright, it's more of a job than a career. Average is around $50k/yr.
My profit off each is nearly impossible to determine. I take a salary and you'd have to deduct the value I add to the organization before determining how much of my income is attributable to my employees work. I think I'm underpaid so it could be argued I profit nothing off my employees.

When are you starting a co-op? If they're really able to increase productivity and create a competitive advantage you'd be irresponsible to not start one. Are you waiting for someone else to do all the work to get one started so you can reap the rewards? Man up or shut up about them.
 

rickyb

Well-Known Member
My employees do alright, it's more of a job than a career. Average is around $50k/yr.
My profit off each is nearly impossible to determine. I take a salary and you'd have to deduct the value I add to the organization before determining how much of my income is attributable to my employees work. I think I'm underpaid so it could be argued I profit nothing off my employees.

When are you starting a co-op? If they're really able to increase productivity and create a competitive advantage you'd be irresponsible to not start one. Are you waiting for someone else to do all the work to get one started so you can reap the rewards? Man up or shut up about them.
thats a terrible reason to not talk about cooperatives especially when most people are either too immature or dont know better that theres working alternatives to the whole government socialism OR private capitalism.

capitalism is performing extremely poorly; very soon americans will unknowingly decide if they are going socialist or fascist for the immediate future. capitalism, if not adequately regulated at the minimum, is leading us to the next mass extinction including mankind. americans are desperately looking for solutions to their problems as evidenced by the election of donald trump.

if your employees dont help you profit then why did you hire them? how do you know what theyre worth? or do you just follow market rates, or just pay them the least amount possible and see what kind of employees you attract?
 

Operational needs

Virescit Vulnere Virtus
When are you starting a co-op? If they're really able to increase productivity and create a competitive advantage you'd be irresponsible to not start one. Are you waiting for someone else to do all the work to get one started so you can reap the rewards? Man up or shut up about them.
I would guess never. That would require him to do some real work and have some responsibility. It’s much easier for him to criticize both our governments and also working people, than put himself out there and actually DO anything other than throw a few dollars to different organizations and bragging about it.
 

rickyb

Well-Known Member
I would guess never. That would require him to do some real work and have some responsibility. It’s much easier for him to criticize both our governments and also working people, than put himself out there and actually DO anything other than throw a few dollars to different organizations and bragging about it.
haha just a few dollars ;)

btw that 5000 i donated this year was matched so it doubled.

i encourage people to do anything. if your short on time or dont want to make time then donating is the way to go. UPSers are definitely short on time.

by the time fascism hits america, some people will realize too late. ditto for climate change. lets do anything now, instead of just posting on the forum.

btw where i live the middle class is completely dead because housing is so expensive. one of our tenants is american and she says she misses it because of the housing and car insurance.
 
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rickyb

Well-Known Member
:censored2: the US government and its corporate masters:


Julian Assange ‏ @JulianAssange 22h22 hours ago

My deepest thanks to the US government, Senator McCain and Senator Lieberman for pushing Visa, MasterCard, Payal, AmEx, Mooneybookers, et al, into erecting an illegal banking blockade against @WikiLeaks starting in 2010. It caused us to invest in Bitcoin -- with > 50000% return.

DMHS1IuWsAEAL0a.jpg
 

rickyb

Well-Known Member
speaking of bitcoin i have rotten luck in terms of wealth:

if i had invested in bitcoin when i first started listening to max keiser in late 2011 i woulda been stinking rich in terms of money.

if i had took out as big a mortgage as possible back when i was earning 90k / year on the railway in 2011, and rented the whole place out, i coulda been stinking rich now.
 

dudebro

Well-Known Member
My criticism of this idea is you want to parcel off parts of a company to the workers after the hard part is done: the company is built. How do these companies get started? Usually, someone invests their personal life savings in a company, plows all the profits back into the company as it grows as a sole proprietorship, sleeps on the floor of the shop, if you will. Then, after 10-15 years of this, it finally grows to where the business can hire people, and, at this point, you feel the company that one person built and sacrificed for should be parceled out to the employees. But they didn't put in the same sacrifice.
 

rickyb

Well-Known Member
My criticism of this idea is you want to parcel off parts of a company to the workers after the hard part is done: the company is built. How do these companies get started? Usually, someone invests their personal life savings in a company, plows all the profits back into the company as it grows as a sole proprietorship, sleeps on the floor of the shop, if you will. Then, after 10-15 years of this, it finally grows to where the business can hire people, and, at this point, you feel the company that one person built and sacrificed for should be parceled out to the employees. But they didn't put in the same sacrifice.
ive read articles where owners after they retire are transforming their capitalist companies into worker coops. if i remember right, theres tax incentives for doing so.

im not the expert that i should be on this issue but im sure community-wealth answers it and democracy at work`` somewhere on their sites.

i agree with you that putting in extra work at the start as a capitalist organization deserves some kind of reward.
 

rickyb

Well-Known Member
Intercepted Podcast: The White Stuff

JS:
Okay. We are back here on Intercepted. And if you really want to talk about violence in Chicago and you want to be honest, then you need to talk about economics, white supremacy, housing, jobs and the ongoing impact of slavery on modern-day black communities. Abraham Lincoln was from Illinois and when he signed the Emancipation Proclamation in 1863, the black community in the United States owned less than one percent of the country’s wealth. Oh, but that was a long time ago! We had the civil rights movement and a black president! That’s in the past. Wrong.

Today, 153 years after the Emancipation Proclamation was signed, the percentage of black ownership of wealth in the United States has barely budged....

...So maybe you can lay out some of the statistics that you uncovered or that you cite.

MB: Yeah, so, something like a third of black families are negative wealth, so no wealth at all. Whites on average, 13 times the amount of wealth. I mean some have even 20 times, I’m being conservative here.

The most staggering statistic is after the Emancipation Proclamation is signed, blacks own .5 percent of the nation’s wealth. This is obvious, right? They were capital and they can’t own it now. Today it’s like 1.5, 2 percent. So there really hasn’t been that much progress. But that makes sense if you understand how other people make wealth.
 
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