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Showing posts with the label Labor

The Profit of Human Decency

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The fundamental problem with the American economy is that corporations as a rule do not consider a decent standard of living for their employees to be a worthwhile expense. They do not as a matter of policy take any role in improving the communities in which they operate when they could make a really big difference. They do not recognize that their focus on the bottom line in the long run works against their interests. They do not see the intrinsic value and humanity of bolstering the morale of their employees with decent pay, good benefits, and incentivizing profit shares. They do not see the obscenity and recklessness of CEO salaries that are hundreds, even thousands! , of times higher than the average pay rate of their workers. They do not see thriving lives of the individuals they employ as a damn fine accomplishment, an end in itself. They reject the notion that the fundamental American value, the pursuit of happiness, and not the one-dimensional obsession of the p...

Dwight D. Eisenhower just called...

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Dwight D. Eisenhower speaks from the past in support of core progressive programs under attack in his day by fringe elements of obscure parties, which are now being seriously challenged by powerful, effective, and determined members of his own party today. "Should any political party attempt to abolish social security, unemployment insurance, and eliminate labor laws and farm programs, you would not hear of that party again in our political history. There is a tiny splinter group, of course, that believes that you can do these things. Among them are a few Texas oil millionaires, and an occasional politician or businessman from other areas. Their number is negligible and they are stupid." ─President Dwight D. Eisenhower, 1952 The image comes via @TheRiverWanders on Twitter.