Did you even read Catherine's post?
Lets just MAKE the minimum wage 91k and be done with it! Of course this would have no impact on the return earned by providers of capital, of course in response they would not remove their capital but rather just suck it up and earn perpetual losses The ...
In reply to RL above Yes you right banking system in China is very tightly controlled - but i suspect not for too much longer The US effectively exporting inflation to China - the pressue to liberalise the banking system and float the exchange rate is ...
So who leads the company under your scenario? The workers?
It would be great thing - if we could afford it and had the productivity to support it - sadly we dont as a nation See my above post when i note that the vast majority of CEO are overpaid
Do some reading - the vast majority of exporting entities in China are private (or have significant private ownership) Capitalism saved communist China - ironic isnt it Some reading for you ("Private ownership: The real source of China’s economic miracle -...
I think you will find that China's success only happened once they embraced defacto capitalism...also the remnants of communism and central planning in China only remain due to the existence of a police state that tramples over everybody's human rights....
Penny couldn't understand how a comparative financial statement worked, so I have serious doubts about what she claims to have been told, or whether she understood what was said. She's claiming the entire amount of sundry expenses are paid to directors, on...
Double dipping how?
Thats right lets nationalise everything - thats worked out so well every other time its been tried during the 20th century
1) Sure but its not going to change the picture 2) if you want to fire the CEO and Board for being overpaid - then by same logic you should fire the port wharfies for earning a ridicilious 91k for 28 hours work.
Given its been stated the POA hasnt meet its cost of capital no economic surplus has been generated! Besides workers (and CEO's who are only glorified workers) cant generate an economic surplus unless somebody provides the capital (and should get a return ...
The median may by slightly lower looking at the range provided by Catherine but i highly doubt the difference will be significant and change the underlying point that wharfies are over paid Profitability in its self isnt meaningful unless tied back to the ...
Two links - two different figures. You got to love stats
Lol - you looking for any explanation for the ridiculously high pay numbers arent you! Face the truth and it will liberate you
Then what about the comparison of wharfies pay to nurses and teachers that earn much less? Or in fact a comparison to your generic GP which probably also earns circa 90-100k? Who is more 'skilled'? Who has sacrificed more to get their position? http://www....
91k is the figure that reflects a circa 40 [43] hour work week, which is line with the hours of the average worker in NZ - so its the most useful comparison point in determining whether it fair. I agree that 750k is excessive for running what in a global (...
Rather than panic the port is winning the debate and this turning into another hobbit moment for the unions PS: i guess at 91k port workers are now officially 'rich pricks'? So Colonial Viper will now automatically dislike them and assume they ripping off ...
At 91k for 43 hours a week of unskilled labour i could probably handle being "fucked over" - hell i might even enjoy it
Oh of course. But Ford is different, and it's not so much a wider historical context, more that we know today what he was actually trying to achieve when he said and did those things. that we still view as noble today. Of course the business practices of ...
Yea, the $5 day is one thing on paper. But the actual merits of the way Ford paid it leaves a lot to be desired. Firstly, the $5 day wasn't a $5 pay day - it was a $2.52 or something regular wage with a profit sharing portion that topped it up to $5. To ...
Jesus Christ. This is the stupidest post I've ever read. It's a consolidation statement. It shows all the expenses incurred in the group. They're not being paid twice. The report shows that the Director Fees for the parent company are the only director ...
That will teach Miss Sepuloni to be a gracious winner in the future....! karma's a bitch!
The biggest problem with the regional fuel tax was that it was very hard to find positive outcomes for it for people who need to use their cars (i.e. the people who can't use public transport - shift workers, etc) who are often lower income earners. They'd...
Goff should stay and restructure, and the party should make a big point about selecting a new leader in the run-up to the election.
Appears to be a 'rogue' election result eh! I guess the debate over the horizon poll and landlines is well and truly over!
Lefties are so arrogant...they have just called over half the population chumps for (likely) voting national Until they lose that attitude and realise the maybe just maybe PEOPLE DONT LIKE YOUR POLICIES OR BELIEFS and that doesnt suddenly make them evil ...
I wouldn’t worry too much about Goff he will no doubt be resigning in 3 or 4 days time and will have plenty of opportunity for relaxation Actually will Goff leave parliament and force a bi-election in 2012, what other senior labour MP's will leave and do...
5 days for Goff to pretend he still leads the Labour party... Some questions: - Do you think Goff will resign on the night or wait a day or two? - When Goff resigns will other senior members resign also - how many labour related bi-elections will we have ...
Thanks for all the replies guys - was very informative. Dan.
This is in a completely different part of the country. The Tamaki Transformation project is turning 160 houses into 260.
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