@00b07ccb I think if you take the Fortune 1000 corporations and, instead of paying dividends, you could pay, annually, $50,000 in benefits to each and every employee. The corporation is run basically by a board of directors that are essentially guilds. The idea is to benefit the workers, stop individuals from accumulating capital, and having resources left over to spread labor capitalism.
@00b07ccb Capital is always going to accumulate and necessarily so in a world economy. That the only way labor capitalism can compete against traditional capitalism.
@00b07ccb I think you're correct with the market. I don't have a problem with capital accumulation per se, but I have a different approach. It's called "labor capitalism" that I think is worthy of investigation. Labor capitalism is organized as a not-for-profit corporation with no members or shareholders, but the corporation accumulates wealth in the form on profits. Those profits are used to pay better wages and benefit to its employees.
@00b07ccb I think if you take the Fortune 1000 corporations and, instead of paying dividends, you could pay, annually, $50,000 in benefits to each and every employee. The corporation is run basically by a board of directors that are essentially guilds. The idea is to benefit the workers, stop individuals from accumulating capital, and having resources left over to spread labor capitalism.
@00b07ccb I think you're correct with the market. I don't have a problem with capital accumulation per se, but I have a different approach. It's called "labor capitalism" that I think is worthy of investigation. Labor capitalism is organized as a not-for-profit corporation with no members or shareholders, but the corporation accumulates wealth in the form on profits. Those profits are used to pay better wages and benefit to its employees.
@ef47d0cb@9554baeb I know shareholder capitalism is ubiquitous. The unions talk in capitalistic terms, think in capitalistic terms. There is a different mindset that unions can use, and it's not totally alien to them. It's called labor capitalism, as opposed to shareholder capitalism.
@ef47d0cb@9554baeb You're absolutely right. I've thought about that. But unions do a lot of good. I'd rather have a tainted union rather than no union at all.
@97965f52@dd8b9125@99019452 Sorry. My thought when I first read about their stealing problem was that the thieves were complaining about being stolen from. Wow, the irony of it all.
@dd8b9125@99019452 I'm sorry, but I have such a love-hate attitude toward the British, I want to say, "So what's your point," about making fun of the British. But your point is well taken. I think anytime there is such appropriation, it should be done with respect. In Dick VanDyke's case, it wasn't that he had a cockney accent so much as the way he portrayed lower-classed people, making fun of their station in life.
@af2dd916 Just on a personal note, not only do I never give credence to a newspaper article reporting the police, I never assume the truth of the statements in a police report. I could tell you stories, but that's another story . . . .
@af2dd916 I'm not particularly disagreeing with you. I base my comments on my experiences from reading countless offense reports, cross-examining or deposing police officers and preparing them to testify when I was a prosecutor. I've represented newspapers and discussed these very issues. For them it's largely an issue of money. But, you raise some interesting issues about how police action is reported. Perhaps they should report on police action like they do Trump's actions.
@af2dd916 I just about agree with everything you said in the first part. I take exception to your last paragraph.
What I said is true. Contrary to your assertions, journalists don't get the evidence to prove lies. Police reports are ALWAYS written to sound credible even if the report is later found to be false. Oft times defendants won't talk or, when they do talk, it's understandably biased. And police officers are very good at getting their version of facts reported. What options?
@af2dd916 I pretty much agree with what you say. But unfortunately, the evidence to the contrary is usually unobtainable for journalists. They don't have the time, experience or resources to properly investigate stories. Journalistically, that have nothing but police blotters and sanitized reports upon which to base their stories. Wouldn't it be fun to administer polygraph tests on police officers?
@297ea08f@022a7c10 I think that's a fair statement. Two economists have stirred the American pot, Milton Friedman and James Buchanan. In 1970, Friedman said that the sole purpose of a business was to make money for it's owners. Shareholders have since taken that concept to heart. James Buchanan has espoused a libertarian theme, buttressed by old Southern philosophy; no money spent on the poor, especially the Blacks, no taxes except for defense.
@022a7c10 Interesting thread. I don't know of any ethics that ever applied to capitalism. Ethics is irrelevant, and contrary, to the aim of capitalism which is to make the maximum profit for the owner. The rule closest to an ethical standard in business is "caveat emptor" or "buyer beware."
@b541bfe5@ded2e305 In comparing the American society to an organism, capitalism should be thought of as a cancer and unions as killer T-cells, seriously.
@28bc87a6 My mother had fibrositis syndrome, as it was called, back in the late 70s. Most doctors wouldn't diagnose it because it was a "syndrome." The best therapy for her was riding a stationary bike to keep her body flexible. But, one day I walked in while she was sitting at the kitchen table. I told her that she should be riding her bike. She said, "When I don't move, I don't hurt." From then, I knew she would physically go down hill. She did.
@e184fd3c But you didn't totally escape the trials. Transcripts can be harrowing, especially reading eye witness testimony about the moments before someone's death. Also, viewing some photograghic evidence. I won't say more.
@62a04c04 There well may be new and novel issues that should be appealed in these cases, but, in most cases, the attorney is just going through the motions, literally and figuratively.
@62a04c04 75 % of the defense attorney's time is wasted on dubious, losing motions. This practice flies under the concept of practicing "due diligence." Seen it and watched it for 40 years from both vantage points, being a defense attorney or a prosecutor.
@823dfd83 I guess the employees will turn the body cams off when they are stealing inventory and the store doesn't want recordings of employees working at unpaid times.
@c17393bb Corporations by law are to maximize profits, not increase salaries. That is a stupid mentality. Blame Milton Friedman along greedy CEOs and the S/Hs who write their checks, give them stock options, etc.
@a89f9ed3 Floridians in power need to be cognizant of the idea that "Florida is where Freedom goes to die." They're shunning immigrants and diversity (upon which our country was founded) and bolstering racism and bigotry. Their economy will struggle. Florida will need years to recover. "Myopia" should be a medical condition, not a political philosophy.
@f8d9bc1c I've really been impressed with what I've read on Mastodon, not just the content, but also the tone and perspectives. Much, much better than the dead bird site where I was a heavy user.
@b5cdaf1a The interesting part of grace is not that you are benefitting others; the interesting part is that you are benefitting, and bettering, yourself. For the moment, forget what giving grace does for others. Realize what is does to you.
@9554baeb I worked heavily representing businesses for over thirty years. Capitalism, as it's currently defined and employed, should be thought of as a cancer and unions thought of as killer T-Cells.
@dd8b9125@99019452 Thanks for your explanation. I personally think emulation of another's culture, done with the proper intent and in a constructive manner, is fine. It can be a celebration of culture.
@b193df49 I could be wrong but that is ingrained in our "Master Servant" British heritage. The lord of the house is the Master, the commoners are the Servants.
Notes by Jonathan D. Cope, Esq. | export