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originally posted by: bbracken677
Selling our souls? Yep..or rather, we prostitute ourselves in exchange for pay. Makes sense to work hard, do what is needed and prostitute ourselves to the highest bidder. No? LOL
an economic system in which private capitalism is modified by a varying degree of government ownership and control
In 1960, the nominal minimum wage was $1.00, but that is equal to nearly $8.00 in today's dollars. In fact, the real minimum wage peaked in 1968 at $10.74 an hour (2013 dollars). Since then, the purchasing power of the minimum wage has slowly fallen over time.
originally posted by: freakwars
a reply to: Semicollegiate
1. As I said wayyyyy back up the thread, you arguably could point to Mondragon as an example where socialist companies are out-competing others. Mondragon's profit in 2012 was 4 billion euros. The problem with pointing to Mondragon as a socialist company is that in many Mondragon companies, wage workers outnumber worker-owners.
the Basques enjoyed a great deal of self-government until the French Revolution, that affected their Northern communities, and the civil wars named Carlist Wars, occurred in the Southern territories when they supported heir apparent Carlos and his descendants—to the cry of "God, Fatherland, King". In both North and South regions the Basques were defeated and their Charters abolished.
Since then, despite the current limited self-governing status of the Basque Autonomous Community and Navarre as settled by the Spanish Constitution, a significant part of Basque society is still attempting higher degrees of self-empowerment (see Basque nationalism), sometimes by acts of violence.
Large numbers of Basque have left the Basque Country for other parts of the world in different historical periods, often for economic or political reasons. Historically the Basque were often employed in sheepherding and ranching, maritime fisheries and merchants around the world
The willingness to ensure fair social transformation with other peoples by being involved in an expansion process that helps towards their economic and social reconstruction and with the construction of a freer, fairer and more caring Basque society.
2. A 100% unambiguously socialist corporation would fail in a capitalist society. It is not designed to succeed. A socialist corporation would produce more expensive products with only small differences in quality because a socialist corporation would not be using the labor of Southeast Asian debt slaves.
originally posted by: sirhumperdink
so basically then when you say $10/hr an hour would be better than it has been since 1955 you are being disingenuous ...... as you are clearly stating right here in the very same post your purchasing power even a decade ago was well over double what it is today (i dont believe that either but yes it was much much higher)
asking for more than their fair share..... because people who worked those exact jobs in the past in essence got paid more and as you have agreed the labor didnt magically become any more or less important
originally posted by: sirhumperdink
a reply to: Xtrozero
thats what you said
you said your purchasing power now is half what it was and inflation has not increased that much in that time frame so what you are saying is cost of living doubled
again i didnt think that was right either but its right there in your post
originally posted by: tmeister182
As long as there is greed no system will work in the short or long run.