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Re: Living Wage Big Box Ordinance Passes in Chicago Over Fierce Corporate Opposition

Sorry, 'Sez Who,' but I do own and run a business, and have worked for a few too, at various levels. And I'm not into trashing Starbucks, but a regular customer of theirs.

And, yes, I know businesses need to make profits and be competitive, under capitalism or socialism, even without a PhD in economics.

But I also take into account the interests of workers and the wider community as well. Despite my admiration of Adam Smith as a thinker, I know that the market is never completely 'free,' infallible or capable of solving everything. I think even Adam Smith would agree.

But do businesses, or any given business, need to make superprofits or maximum profits, supplied by hidden government subsidies, with little regulation, and a variety of 'low road' practices?

That's a different matter. And that's the real debate her.

You first suggested that Walmart or other 'big boxes' would go broke at $10 plus $3 in benefits an hour because the workers there produced less value than that.

I challenged that by giving you an example, here in town, Costco, where that was not the case. I also think the 'big boxes' are bluffing, and they will come to town, or stay in town, even at $13 an hour. If you don't think so, I wouldn't play much poker if I were you.

So you wrote the thesis. Tell us what did you find about the average value per hour created by the average worker was at a 'Big Box'?

Plus sustainability is not just a question of a company itself, but also its impact on its workers , suppliers and surrounding communities. That's why every corporate charter has a public interest clause, even if often ignored.

So unless you're just taking the position of 'maximim profits uber alles and screw everything else,' which even many business people will tell you is bad policy, why don't you join the real argument instead of showing how good you are at 'ad hominen' fallacies.

Show us what else you learned to get that PhD.
 
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Re: Re: Living Wage Big Box Ordinance Passes in Chicago Over Fierce Corporate Opposition

So we both make money on our wits. That's good, I have a lot of respect in your response, although you seem to think that the employer owes his workers a living.
I am fairly well-known in the community as a well-off guy, but one that has contributed a bit as well. Of course, big boxes are bluffing. They can pay more, but would you pay more for bread or gasoline if you could avoid it?
I completely oppose the government helping businesses, as much as I oppose them dismantling business structure as in the Wagner Act.
So, what does the average big box worker contribute economically? It's a damned sight more than $13 an hour, especially after they've been there a few years and made friends among customers. Too bad only places like Costco know the value of that relationship.
 

Re: Re: Living Wage Big Box Ordinance Passes in Chicago Over Fierce Corporate Opposition

Well, now we're getting somewhere, 'Sez Who.'

I think employers owe their workers exactly what they have agreed to pay them.

But as an employer, I know that if I want to keep a good worker, I'll sweeten the pot to keep them. Especially if they've gained some experience and training working with me--called 'human capital' or 'wetware' that exists, and grows, between the workers' ears. I don't want it walking out the door, especially to my competitor.

As a worker, if I've got any sense, I learn quickly that I produce more value than I get. If sales are up and orders are coming in, I'm going to bargain for more, together with my fellow workers.

The tussle back and forth is called class struggle--and I've been on both sides of it.

Not the best system, in my opinion, but it's what we got now.

Now here's an interesting point related to your dictim to 'completely oppose government helping businesses.'

I don't think such a situation exists, or ever existed, because the market is not just a relation between buyer and seller. It's really a three-sided relationship--buyer, seller and cop. The market requires the state and vice versa, even for the simple things like standard weights and measures, or courts so you can sue to get paid.

The Ohio valley where I grew up in Western PA and West Virginia had only barter among Native tribes until George Washington and General Broadhead and their troops (the state) showed up, built and secured Fort Pitt and the Fort at Beavertown from the French fur traders, and had their troops blaze the 'Broadhead Road' through the wilderness. My penniless Scots-Irish ancestors showed up 5 or 10 years later on those 'roads' and a few generations later, my Dad's truck and car repair garage was at a crossroads on that Broadhead Road, and his business wouldn't have existed a day without it, and a thousand other 'hidden subsidies' that make up the warp and woof of the market economy.

so it's not whether government assists business; it's how its done, and with what interests in mind. What values are built into their policies--'High Road' sustainability or 'Low Road' race-to-the bottom destruction, of long-term wealth creation instead of short-term 'maximum profit'.

These are not 'iron laws' here. We have choices to make, individually and publicly.

After all, that's why it's called POLITICAL economy, isn't it?

Not always good choices are made, for sure. I looked up all the old Land Deed and Warrants in Western PA made in General Washington's wake. Guess what they all include as a provision? 'White men only.' Free Blacks couldn't own land in Beaver county (there were only three families of free Blacks there at the time), even if they had the money.

Seems the state had an affirmative action program for white guys from day one, although we're not supposed to mention such things now that we supposedly have returned to where we only have 'colorblind' and merit' policies.

One doesn't know whether to laugh or cry when people cling to these myths.
 

Re: Re: Living Wage Big Box Ordinance Passes in Chicago Over Fierce Corporate Opposition

Sorry,'AP' above is me
 
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