a 1 player said:
No productive work? You have got to be kidding me. They are the most productive of all. One does not get to be a CEO and lead an entire company by sitting on their asses and not getting results. Remember too, that a huge amount of their wealth is tied up in the company itself. Yes, Ted Rogers had a huge bank account, but that was only pennies on the dollar as to what he had invested in Rogers Broadcasting. Wealth generates wealth, not destroys it. The destruction comes from bad investments, business practices, and choices. Lending at sub-prime is just one example.
pretty sure he means productive labour in the Adam Smith sense. You know, the guy a lot of neo-con and neo-lib blowhards name drop but never got around to reading.
Unions are more or less fine. They're still the best protection for workers, and the best guarantor of a living, or heaven forbid, decent wage. I love how so many people are keen on promoting a race to the bottom. There's generally a reason for this: They think they're 'special' and would win that race. All of the evidence has proved that in the vast bulk of cases these people are wrong. (Just empirically wrong.) The only people that a race to the bottom helps is the rich... The growth mantra is largely BS, distribution is far more important, AND THE MEDIAN IS FAR MORE IMPORTANT THAN THE AVERAGE. Recent events should go a long way to showing that.
I don't have a lot of sympathy for people who think they can win a contest of 'fuck your neighbour' or who have chronic jealousy that they aren't actually winning at the race to the bottom. If Unions need anything, it is to be more strongly encouraged to fire the incompetent, to be less able to resist updating machine stock / technology when jobs are at stake, and to be forced into quotas that represent a sustained pace of work. In exchange for that it should be made easier to organize and harder to hire scabs / de-certify.
The vast bulk of Union employees work hard for their money. There are bad apples, and Unions have made some bad choices. The same could be said of most management, and of non-union employees. I sit beside non-union idiots who are borderline incompetent, and because your typical MBA is in no position to judge, these folks can coast along forever. To all those trying to cheer for contract busting, I hope somebody in a position of power craps on a contract with you and laughs in your face.