General Discussion

SoCalDem

(103,856 posts)

10. And of course there is the money too.

Sun Jul 8, 2012, 08:38 AM

Jul 2012

Employers will NEVER pay a 32 hr/4day worker enough to actually live on.

The Big-Casino mentality has crept into business

It's no longer "good enough" to run an efficient company that treats employees well, and still makes a tidy sum for the owners.

In recent decades, businesses seem to be there for the big-payoff when a Bain-ish entity comes a-knocking with a check for the owner, and pink slips for the employees.

We've managed to forget what businesses are really about.

making a product/service that is needed/wanted by the community, and paying the people who do the work enough so they can buy/use the goods & services.. The "circle of business life".
When workers are starved of wages/time , and all the profits are vacuumed out of the businesses and into the bosses' pockets, the circle is broken.

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Push For Science Majors, But Lots Of Unemployed Ph.D's Already [View all] HiPointDem Jul 2012 OP

K & R. n/t pnwmom Jul 2012 #1

Knowledge isn't worth what it used to be worth. Something to do with those magic dimbear Jul 2012 #2

Yep! When people hear I have a science degree, glowing Jul 2012 #3

Academics in general... a la izquierda Jul 2012 #4

The world in general isa who you know place MattBaggins Jul 2012 #37

My recollection of one survey was that PhD Biology grads made less than Master Biology FarCenter Jul 2012 #20

What a waste & it shouldn't be that way. Nt xchrom Jul 2012 #5

Education is not the answer to globalization quaker bill Jul 2012 #6

+1 area51 Jul 2012 #13

I've been saying this for years... TreasonousBastard Jul 2012 #16

Most new industries anymore quaker bill Jul 2012 #34

the availability of work has little to do with population growth. HiPointDem Jul 2012 #40

This is a really profound post. I would love to see you elaborate on its themes and coalition_unwilling Jul 2012 #19

Well put Grandcanyon99 Jul 2012 #30

I once worked as shop foreman on a production line quaker bill Jul 2012 #32

welcome to DU. We are all Luddites now. bbgrunt Jul 2012 #33

great post. you nailed it.....explains exactly why we are seeing bbgrunt Jul 2012 #31

Great post indeed, but unfortunately, there is no reason to believe that the competition will end Romulox Jul 2012 #38

You are correct, it will not end quaker bill Jul 2012 #44

There are never again going to be "enough" jobs SoCalDem Jul 2012 #7

If we don't switch to a 32 hour, 8 hours per day, 4 day workweek you are right NNN0LHI Jul 2012 #9

And of course there is the money too. SoCalDem Jul 2012 #10

They aren't paying enough for a 5-day workweek right now NNN0LHI Jul 2012 #11

Or employee-owned cooperatives. n/t antigone382 Jul 2012 #15

I think that's the way to go 4th law of robotics Jul 2012 #39

Cant be done all at once because the employers couldn't hire and train new employees fast enough NNN0LHI Jul 2012 #42

As I said above, we are outreproducing our ability to produce work. TreasonousBastard Jul 2012 #17

But you need scientist to make your robot, computer and automation Johonny Jul 2012 #23

Not all that many, and many of the ones already in the work force are not eager to leave SoCalDem Jul 2012 #24

It use to be you wanted older scientist Johonny Jul 2012 #28

russia and china provide scientists datasuspect Jul 2012 #8

Does the fact that facts don't matter anymore have something to do with this? SoutherDem Jul 2012 #12

Who needs educated people to research stuff when... JHB Jul 2012 #14

Law schools have been doing this for years... TreasonousBastard Jul 2012 #18

Very interesting conversation in this thread, worth reading too! Poll_Blind Jul 2012 #21

I was forunate to get my PhD in 1999 when academic jobs were still reasonably available aikoaiko Jul 2012 #22

the problem sweetapogee Jul 2012 #25

Under our system we can only pay Turbineguy Jul 2012 #26

Oh they just chose the wrong major er...career...wait its that they chose the wrong college riderinthestorm Jul 2012 #27

The dirty little secret of the academy... Viking12 Jul 2012 #29

Morning kick! nt riderinthestorm Jul 2012 #35

afternoon kick Liberal_in_LA Jul 2012 #41

Yup, great minds and all that... riderinthestorm Jul 2012 #45

So..."competing in the world economy!" is only for *blue* collar workers??? I thought globalism was Romulox Jul 2012 #36

Been saying this for years NNN0LHI Jul 2012 #43