RGacky3
4th August 2010, 09:37
http://www.nytimes.com/2010/08/04/business/economy/04paycuts.html?_r=1&hp
Great article, what they really need to show was now much the companies turnover actually was, and what the executive compensation was. As it says on page 2 Productivity and Corporate profits are going up, but wages are going down.
THIS is what the market does, because the Capitalists will ALWAYS drop the workers before their profits or their compensation.
But part of this I have to blame on weak, buisiness, unions. Rather than unions cooperating with manegement and taking the pay cuts, imo they need to get militant, the unions are essencially doing the Obama doctrine (unilateral disarmament and hope the capitalists won't want more, i.e. I'll give you my wallet and hope you don't want my watch), you know what unions should do? Wild Cat strikes, unannounced strikes, sit ins, collaberation with other unions in other states.
Its the whole idea that the ONLY option is cutting labor costs, having less profit or less executive compensation is never and option, YES IT IS, and the unions need to be fighting for that, the unions need to not only make it an option, they need to make it the only option.
As far as public sector workers, its the same thing, if the government has a problem with the budget, take it out of the military spending, don't let taking it out of education an option.
Syndicalism in the US is comming back (its never reported, but unions have been on the upswing since the early 2000s), but if unions want to continue to grow, they need to actually fight for the workers, they need to give up the Obama doctrine and take up the Debs doctrine (kicking Capitalists in the mouth).
Great article, what they really need to show was now much the companies turnover actually was, and what the executive compensation was. As it says on page 2 Productivity and Corporate profits are going up, but wages are going down.
THIS is what the market does, because the Capitalists will ALWAYS drop the workers before their profits or their compensation.
But part of this I have to blame on weak, buisiness, unions. Rather than unions cooperating with manegement and taking the pay cuts, imo they need to get militant, the unions are essencially doing the Obama doctrine (unilateral disarmament and hope the capitalists won't want more, i.e. I'll give you my wallet and hope you don't want my watch), you know what unions should do? Wild Cat strikes, unannounced strikes, sit ins, collaberation with other unions in other states.
Its the whole idea that the ONLY option is cutting labor costs, having less profit or less executive compensation is never and option, YES IT IS, and the unions need to be fighting for that, the unions need to not only make it an option, they need to make it the only option.
As far as public sector workers, its the same thing, if the government has a problem with the budget, take it out of the military spending, don't let taking it out of education an option.
Syndicalism in the US is comming back (its never reported, but unions have been on the upswing since the early 2000s), but if unions want to continue to grow, they need to actually fight for the workers, they need to give up the Obama doctrine and take up the Debs doctrine (kicking Capitalists in the mouth).