SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: George Coyne who wrote (149474)5/29/2001 4:47:02 PM
From: Neocon  Read Replies (4) | Respond to of 769670
 
So deliciously false that one is tempted to frame it. Of course, capitalism is about specialization, as much as anything else, and the need for skilled and semi- skilled labor would have driven up the price for all niches between the day- laborer and the upper- level executive. Even now, in the digital economy, the shortages created by sudden demands are making for very sweet packages for those willing to train in programming and the like. Even for those who are not as skilled, like the riveter, the dearth of people who can stand to work on high- rise buildings would have made some forms of construction exceptionally lucrative, without unionization. In the old pink- collar ghetto, having shorthand and being able to follow a dictaphone could get one an ample wage, and nowadays, while digitalization is reducing clerical staff, it is putting a premium on computer literacy, and goosing up wages for the remaining lower level staff.



To: George Coyne who wrote (149474)5/29/2001 6:03:57 PM
From: ZenWarrior  Read Replies (1) | Respond to of 769670
 
So if Standard Oil and others were allowed to continue their monopolies, you're going to tell me that a middle class of people would ever have a chance?? You're wrong. Monopolies inherent in pure Capitalism would drain every last cent they could from you... and employees would be paid squat.

- Zen