Go ahead and guess: If Amazon and Walmart paid every employee $xx more per hour, their profit would go away

1) Lebron is definitely underpaid. The max contract under the collective bargaining agreement makes it so the best players take a paycut to keep veterans float.

I have seen no evidence he even below average in IQ. No need for jealously at his wealth and success.

Tatar... wrote:

chidder wrote:

2. "Better than most" is not a remotely adequate argument as you think it is. It is not remotely relevant to the discussion of American labor vs American capital. Suggesting that 1st world workers should live like 3rd worlders while they produce vastly more value than 3rd worlders is idiotic to the extreme.

This is why nationalism is so appealing to the Right. It's so they can more easily pit workers against each other. The example here is American worker against Haitian worker.

They like to pretend everyone in every nation has the same economic interests, but that isn't true. The motivations of American capital is the same as Haitian capital and that's to assume control of profits generated by workers in those respective countries. The fact the American economy is larger just shields this obvious fact.

Nationalism is appealing to anyone who lives in reality. Only in the diseased minds of leftists is people with the similar culture and traditions wanting to live with people who share their culture and traditions a bad thing. Only in the west do people actively seek to destroy their own culture.

The left is the side that pits people against each other. EVERY issue is viewed through the lens of race or class. All the rich people stole their money. Larry Elder is a "white supremacist"... Division lives on the LEFT.

Nothing about a nation says it has to have the same culture and traditions.

Free market solutions are the answer to everything. Isolationism and nationalism decreases the economic power of a nation state and those with freer economics will usurp it.

Your ideas will literally destroy the nation... just to "own the libs"

LOL!

His contract isn't his only source of income.

He made $96.5 million in 2020. One could argue he's doing pretty well as the highest paid athlete in the USA particularly considering he plays the 3rd most popular sport. It's almost like people get paid for what they bring to the table... If you could insert random guy from China into his position and not lose any production do you think he would have made $96 million or maybe closer to the wages that all the other non-skilled workers?

If you haven't seen any evidence he's below average IQ it's because you aren't bright enough to notice. Every time the man opens his mouth it's a train wreck.

Do you even know what nation is?

"a large body of people united by common descent, history, culture, or language, inhabiting a particular country or territory."

Guess what happens when you draw borders around people that have different culture and call them a nation? The minorities get oppressed or the neighboring countries which actually share culture with the minorities invade... It's happened countless times in history.

You don't have to be isolationist to preserve your culture. The US was the melting pot of the world all united by 1 language and a common culture and it was doing quite well until the multiculturalist globalists got involved.

IQ and income correlate strongly. So it seems he's plenty smart. You seem to be compensating.

Maybe centuries ago your definition held. Now they are just organizational/bureaucratic entities with armies attached.

So melting pot was ok 100 years ago but now its not?

Only a devout anti-American would want to discontinue the tradition of letting the most motivated people in the world live in the US with no strings attached.

There are plenty of countries with strict immigration policies you can move to if you want economic stagnation!

Pretty simplistic thinking.

Learn the rules wrote:

SocialismIsForIdiots wrote:

LOL!

His contract isn't his only source of income.

He made $96.5 million in 2020. One could argue he's doing pretty well as the highest paid athlete in the USA particularly considering he plays the 3rd most popular sport. It's almost like people get paid for what they bring to the table... If you could insert random guy from China into his position and not lose any production do you think he would have made $96 million or maybe closer to the wages that all the other non-skilled workers?

If you haven't seen any evidence he's below average IQ it's because you aren't bright enough to notice. Every time the man opens his mouth it's a train wreck.

IQ and income correlate strongly. So it seems he's plenty smart. You seem to be compensating.

IQ and income absolutely correlate in the business world and in the labor market... Thanks for making my point!

If you think professional athletes and super star musicians and movie stars are paid for their brains you're delusional.

No intelligent person would try to argue that Lebron James is intelligent...

Do you not understand what a melting pot is?? OTHER cultures come to America and became AMERICAN. Their kids spoke ENGLISH and they celebrated AMERICAN holidays. The Irish, the Germans, the Chinese, the Italians... they assimilated to a common culture and the country thrived.

Only the dishonest and imbeciles conflate LEGAL immigration and unchecked illegal immigration.

Anyone who thinks having an open border along with birthright citizenship and welfare state concurrently is an absolute moron.

SocialismIsForIdiots wrote:

Learn the rules wrote:

IQ and income correlate strongly. So it seems he's plenty smart. You seem to be compensating.

IQ and income absolutely correlate in the business world and in the labor market... Thanks for making my point!

If you think professional athletes and super star musicians and movie stars are paid for their brains you're delusional.

No intelligent person would try to argue that Lebron James is intelligent...

You’re the one that said “dumbest people alive!”

Bold claims.

Until you make $100m at year I’m going to have to assume LeBron is smarter than you.

still learning the rules wrote:

SocialismIsForIdiots wrote:

IQ and income absolutely correlate in the business world and in the labor market... Thanks for making my point!

If you think professional athletes and super star musicians and movie stars are paid for their brains you're delusional.

No intelligent person would try to argue that Lebron James is intelligent...

You’re the one that said “dumbest people alive!”

Bold claims.

Until you make $100m at year I’m going to have to assume LeBron is smarter than you.

Lebron isn't smarter than anyone who can form a coherent sentence.

SocialismIsForIdiots wrote:

Tatar... wrote:

We can't all be business owners - we need people to work. If we all tried to live off dividends; guess what, the dividend would stop.

This can be flipped around, stock holders feel they are owed the profits as a return on investment, workers feel they are owed the profits as they should get the full value of their labor. It's an age-old class conflict.

The sad reality is a large percentage of the population is too stupid to do well in an advanced society. This notion that the only thing causing financial inequity in the world is greed is idiotic. If you have an IQ in the mid 80s or lower as HALF if not more of the world population does you're career choices are very limited.

Add in the courage to take a risk. They are hampered by a low IQ and the lack of the balls to do something beyond the least amount of effort. They are truly sad individuals. Poor parenting comes into play as well.

rojo wrote:

Now I did realize a flaw to my quick calculations that mean my numbers are too low. I just realized the number of workers includes part-time workers. Walmart doesn't have 1.5 million full-time workers. Amazon's numbers similarly included part-time workers.

if the workers on average only work half-time, then we need to double the numbers.

If they on average work 2/3rd of a full day, then we need to increase it by 50%

So let's increase those numbers by 50%.

Walmart would be $8.69 and Amazon would be $12.30.

Your numbers are flawed. The more they pay the employees, the more they pay in ss and fica taxes. You also assume everything else stays the same. It is unlikely that you will increase everyone's pay by the same raw about. (I. e. $2/hour.) It is likely an across the board percentage which further changes your numbers.

55YO wrote:

SocialismIsForIdiots wrote:

The sad reality is a large percentage of the population is too stupid to do well in an advanced society. This notion that the only thing causing financial inequity in the world is greed is idiotic. If you have an IQ in the mid 80s or lower as HALF if not more of the world population does you're career choices are very limited.

Add in the courage to take a risk. They are hampered by a low IQ and the lack of the balls to do something beyond the least amount of effort. They are truly sad individuals. Poor parenting comes into play as well.

Why are several posters bringing IQ into it? The thread is about people who have jobs and are producing profits for Amazon. According to Rojo each Amazon worker is producing $8.20 an hour more than they are paid.

The argument is whether stockholders have a right to take this profit or whether workers should ask for more of the profits to be distributed to them as increased salary.

Both organizations should be unionized, that would improve the worker's situation.

Tatar... wrote:

55YO wrote:

Add in the courage to take a risk. They are hampered by a low IQ and the lack of the balls to do something beyond the least amount of effort. They are truly sad individuals. Poor parenting comes into play as well.

Why are several posters bringing IQ into it? The thread is about people who have jobs and are producing profits for Amazon. According to Rojo each Amazon worker is producing $8.20 an hour more than they are paid.

The argument is whether stockholders have a right to take this profit or whether workers should ask for more of the profits to be distributed to them as increased salary.

There hasn't been an argument made that workers should get more money there's just been an appeal to emotion that they deserve more because they have to work...

Bear in mind Bezos is a full blown socialist politically. It speaks volumes that even the leftist business owners don't sacrifice their own profits for the workers. Perhaps it's not as simple as everyone seems to think.

stan the corgi wrote:

Both organizations should be unionized, that would improve the worker's situation.

If it was 1905 sure. In 2021 unions are just political lobbyists who hurt the workers they pretend to represent.

The unions single handedly destroyed the auto and steel industries.

SocialismIsForIdiots wrote:

Tatar... wrote:

Why are several posters bringing IQ into it? The thread is about people who have jobs and are producing profits for Amazon. According to Rojo each Amazon worker is producing $8.20 an hour more than they are paid.

The argument is whether stockholders have a right to take this profit or whether workers should ask for more of the profits to be distributed to them as increased salary.

There hasn't been an argument made that workers should get more money there's just been an appeal to emotion that they deserve more because they have to work...

Bear in mind Bezos is a full blown socialist politically. It speaks volumes that even the leftist business owners don't sacrifice their own profits for the workers. Perhaps it's not as simple as everyone seems to think.

The thread is calculating how much money each worker is generating above their salaries for Amazon and Walmart. They are all flawed calculations but how is math "an appeal to emotion"?

You thinking the world's biggest capitalist is actually a "full blown socialist" is laughable and absurd. Is he going to give his stock to each worker equally? Has he turned Amazon into a non-profit? Is he going to allow workers to join a union? Is he going to hand Amazon infrastructure to the government so they can provide services at the point of need?

No.

Just because he supports same-sex marriage and other socially liberal policies doesn't mean he's left wing. He clearly has disdain for workers rights.