Re: told you so..
heathcliffe
location: woods
listening to: silence
registered: 2008.11.18
posts: 956
[view all posts]
[view all posts]
Saw a commercial recently which encouraged people to get back into the stock market.Once again the capitalist wants to insure that anything he does is underwritten by the common man, who may own only 10 shares of his stock, but, nevertheless, will endorse anything the capitalist does as long as it enriches the bottom line and the bottom line raises the price of the common man's ten shares of stock.Ten shares of stock, or any number of shares, for that matter, are a poor trade-off for membership in a strong labor union. It was no accident that Ronald Reagan broke the Aircraft Controllers Union as soon as he could, after becoming our president.Labor was getting too much of the share of the pie. And unions were
the catalyst. With unions crippled, WTO, NAFTA, and all the other wage lowering trade agreements were more easily obtained One has only to see a few necktie burning-tire assassinations of labor organizers in those countries the US has trade ageements with to realize that despite Capital's Casandra-like promises, its intent is to keep wages low wherever labor is needed to manufacture products which enrich its profit margins.And we who own our few shares applaud that enrichment. Our own greed joins forces with the level of greed we've seen lately that nearly toppled the world's economic system, and remains today as an active fuel for Wall Street's profits.I'd rather be greedy as a member of a labor union than be involuntarily complicit with a company that makes me ashamed I'm a shareholder. I've never owned shares of NIKE, but refuse to buy any of their products until I am convinced they've improved the conditions of the labor they exploit overseas.The University of Wisconsin, just last month, canceled their contracts with NIKE for the same reason.Labor needs to be organized, wherever it toils. Capital clearly is.I was a small business owner much of my adult life. I make no case for socialism, but do for an enlightened capitalism, one that rewards labor fairly.Rewarded in such a way other than being enticed by a commercial to become part owner of a corporation my participation in is intended to forgive any act management takes to increase profit.
H
heathcliffe
(view)
Saw a commercial recently which encouraged people to get back into the stock market.Once again the capitalist wants to insure that anything he does is underwritten by the common man, who may own only 10 shares of his stock, but, nevertheless, will endorse anything the capitalist does as long as it enriches the bottom line and the bottom line raises the price of the common man's ten shares of stock.Ten shares of stock, or any number of shares, for that matter, are a poor trade-off for membership in a strong labor union. It was no accident that Ronald Reagan broke the Aircraft Controllers Union as soon as he could, after becoming our president.Labor was getting too much of the share of the pie. And unions were
the catalyst. With unions crippled, WTO, NAFTA, and all the other wage lowering trade agreements were more easily obtained One has only to see a few necktie burning-tire assassinations of labor organizers in those countries the US has trade ageements with to realize that despite Capital's Casandra-like promises, its intent is to keep wages low wherever labor is needed to manufacture products which enrich its profit margins.And we who own our few shares applaud that enrichment. Our own greed joins forces with the level of greed we've seen lately that nearly toppled the world's economic system, and remains today as an active fuel for Wall Street's profits.I'd rather be greedy as a member of a labor union than be involuntarily complicit with a company that makes me ashamed I'm a shareholder. I've never owned shares of NIKE, but refuse to buy any of their products until I am convinced they've improved the conditions of the labor they exploit overseas.The University of Wisconsin, just last month, canceled their contracts with NIKE for the same reason.Labor needs to be organized, wherever it toils. Capital clearly is.I was a small business owner much of my adult life. I make no case for socialism, but do for an enlightened capitalism, one that rewards labor fairly.Rewarded in such a way other than being enticed by a commercial to become part owner of a corporation my participation in is intended to forgive any act management takes to increase profit.
