clocker bob wrote: I love how an organized union labor work force can be blamed for earning higher wages, supposedly leading to inflation, but if a CEO earns a 400 million dollar retirement package, that's not inflationary, that's proof that the system works.
vockins wrote:I didn't say the bonus wasn't inflationary, dipshit.
Did I place quotes around words of yours
indicating that you said that, dipshit? I was speaking rhetorically about the type who only see one side of the coin when it comes to blaming wage increases for inflation, the workers' side.
vockins wrote:I didn't say shit about bonuses. I'm not arguing for 400 million dollar bonuses, the IMF, the NSA, or mind control weather machines located outside of Seattle.
Then don't argue the point. Don't speculate that I put words in your mouth.
vockins wrote:There's nothing, nothing, supposed about the scenario I described. Examples abound - real, historical and contemporary, concrete examples of wage increases affecting the cost of living.
In an internalized economy, money is like rain that falls to the soil then condenses back to the clouds and then falls again as rain. If there is an rise in the cost of living, it is accompanied by a rise in the population's ability to absord the increase- if income is distributed equitably through the population. The people benefitting from the higher cost of living are the same people who have to pay the higher prices; a zero-sum game.
In an internalized economy with a central bank that prints fiat currency to stimulate demand and promote liquidity in the monetary supply, the purchasing power of the money continually devalues, which will inaccurately be described as rising prices, but still, cost of living will not outpace purchasing power, if income is distributed fairly to all classes.
In a globalized economy of globalized workers competing for globalized capital, the two examples above are useless. The advantage owned by capital in a global market results in surplus profits accumulating in vaults or in speculation or in unneccessary debt creation, because the elites in control of a global economy can only make so much war to stimulate demand so they just park it in the control apparatus of central banking.
In a globalized economy, the only hope of the workers is to successfully organize within their country, and then organize across borders if they can. The money to live well for everyone
has always been there and
will always be there, the workers just need to know how to take it. Ideally, they would slaughter like dogs everyone who stole it from them, but God would say organize and demand it peacefully.
vockins wrote:Your plan does absolutely jack shit to improve worker purchasing power and quality of life.
Okay. If you agree that the profits of the globalized economy are not distributed fairly among the classes, then you tell me how workers should regain control of their earning power without controlling the population of a union and the actions of the union.
vockins wrote:Your bizarro world isolation plan is attemping to get value from nothing.
If you truly believe that the well is dry and we are trying to get value from 'nothing', then you are hopelessly clueless about international finance. We are the value; we get back what we give- currently, we get back less than we give.
There is more wealth than ever, so much of it that trillions of it is in circulation as gambling chips betting on the abilities of other oligarchs to make money. Organized labor has been crushed, and the blood is in the vaults to prove it.
vockins wrote:Decreasing the number of people in a country does not equate to greater purchasing power in the long term. There are no examples of that ever happening. It is batshit nuts.
I never said that.
I said that if there is a surplus of labor in a country's economy, say 11,000 carpenters when there is only work for 10,000, and the extra 1000 came across the border two weeks ago, the ability of the original 10,0000 unionized carpenters to get fair value for the labor will be progressively diminished by the introduction into the labor pool of 1000 undocumented workers willing to take 75% of a union carpenter's wage.
Union workers will still be hired, but the stability of the union will erode if it does not include all carpenters. Union carpenters with bills to pay will take the devil's bargain and compete for the 75% pay jobs with the undocumenteds, sacrificing their solidarity for short-term gains.
In this manner do the globalists make the workers crush their fellow workers. I am making the case that an increase in the population of laborers, combined with the disorganized easily exploited status of the new laborers, into an economy tied to global capital will erode the value of a man's labor in the market.