uh, who said you were the teacher? (tho i know you fancy yourself as one) pedant? you decide.

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"The law, in its majestic equality, forbids the rich as well as the poor to sleep under bridges, to beg in the streets, and to steal bread."

I really think that is true. You can find similar whining from every period of time in history.

Well, Bot,
Since this is your class, take responsibility and get it under control.

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1982 300SD " Wotan" ..On the road as of Jan 8, 2007 with Historic Tags

I don't have any issue with working hard for their money, I don't think anyone does.

It's the greed that bugs most people. Look at the price of diesel vs. gasoline. Isn't gas more expensive to produce? Used to be.

http://www.epi.org/economic_snapshots/entry/webfeatures_snapshots_20060621/

http://www.aflcio.org/corporatewatch/paywatch/

Reinvest the excess instead of just sitting on it. Perhaps you'll make another fortune.

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83 SD

84 CD

If it is agreed that too large a salary range across a company is "bad", how would you address it?
Is the "cure" worse than the original problem?
Whose business is it to insure " fairness" in this matter?

I tend to place the fault on the Boards of Directors who prefer "ole boy network" to their fiduciary responsibilities to stock-holders and employees. I am not sure there is a real-world solution.

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1982 300SD " Wotan" ..On the road as of Jan 8, 2007 with Historic Tags

Wow. Someone else here has read Ferguson. Neat. It's an interesting book all right.

- Peter.

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2021 Chevrolet Spark
Formerly...
2000 GMC Sonoma
1981 240D 4spd stick. 347000 miles. Deceased Feb 14 2021
2002 Kia Rio. Worst crap on four wheels
1981 240D 4spd stick. 389000 miles.
1984 123 200
1979 116 280S
1972 Cadillac Sedan DeVille
1971 108 280S

I think you are spot on. 'Good Grief' is probably an excellent definition for 'earning', these days.
So, earning equals deserving? How about terms like 'over/under-paid'?

__________________

The Mondragon Cooperatives provide a real world effective solution.

__________________
1977 300d 70k--sold 08
1985 300TD 185k+
1984 307d 126k--sold 8/03
1985 409d 65k--sold 06
1984 300SD 315k--daughter's car
1979 300SD 122k--sold 2/11
1999 Fuso FG Expedition Camper
1993 GMC Sierra 6.5 TD 4x4
1982 Bluebird Wanderlodge CAT 3208--Sold 2/13

I've never met him personally but just off hand I would suggest that education, experience, and breathing air gives him the right to inquire into the nature and wisdom of this or that behavior.

Well yes, that sounds informed and dryly analytical but it misses the point. The society as a whole enforces the power and possession of money, the national govt. has some influence on the function of money.

It is in society's interest to interfere with activities that diminish the integrity of money. It would be nice if a magic hand regulated these matters for the good of all, w/o complicated mechanisms administered by people. My take is that the inclination for plunder runs deep and must be guarded against.

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Te futueo et caballum tuum

1986 300SDL, 362K
1984 300D, 138K

I've not read the whole book. I was quoting from the piece. I've read bits and pieces of Ferguson and heard lengthy radio interviews. I'm not down with his every opinion but he is well worth a listen.

Maybe I should read that one for real.

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Te futueo et caballum tuum

1986 300SDL, 362K
1984 300D, 138K

Interesting read in this month's Atlantic:

Secret Fears of the Super Rich

I love the intro . .

The October 2008 issue of SuperYacht World confirmed it: money cannot buy happiness. Page 38 of “the international magazine for superyachts of distinction”—if you have to ask what it takes for a yacht to qualify as “super,” you can’t afford to be in the showroom—presented the Martha Ann, a 230-foot, $125 million boat boasting a crew of 20, a master bedroom the size of my house, and an interior gaudy enough to make Saddam Hussein blush.

The feature story on the Martha Ann was published just as the S&P 500 suffered its worst week since 1933, shedding $1.4 trillion over the course of the week, or about 2,240 Martha Anns every day. Still, one of the captions accompanying the lavish photos betrayed the status anxiety that afflicts even the highest echelons of wealth. “From these LOFTY HEIGHTS,” the caption promised, “guests will be able to look down on virtually any other yacht.” Virtually any other yacht! One imagines the prospective owner wincing at this disclaimer, pained by the knowledge that the world would still contain superyachts more super than his own, that at least one gazillionaire in Saint-Tropez harbor would likely be able to peer over his gunwales and down at the Martha Ann.

You may want to have an Irish linen hanky ready as you read about their sorry lot in life . . .

Uh, you. #17.

Way to easy. Go get a friend.

Great. Start one.

The market.

I didn't think this thread was about whether people wanted to start businesses or not. It about whether or not super-rich capitalists are destroying America. Lets keep on topic.

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1977 300d 70k--sold 08
1985 300TD 185k+
1984 307d 126k--sold 8/03
1985 409d 65k--sold 06
1984 300SD 315k--daughter's car
1979 300SD 122k--sold 2/11
1999 Fuso FG Expedition Camper
1993 GMC Sierra 6.5 TD 4x4
1982 Bluebird Wanderlodge CAT 3208--Sold 2/13