131–140 of 280 posts
It's interesting to see him being accused of being "socialist" or "communist" when his decision seems to flow from his conservative Christian upbringing.
It asks "do you mean unbridled capitalism?" and then gives me only results for unbridled capitalism.
Do you know what happens when Paul McCartney gives to charity and charity leaks his name? He cancels the donation. That's how you do good deeds when you genuinely want to help people and not pull a little PR on a side. If this guy wanted to help his under-40K employees, there were multiple ways to do it (a) quietly (b) without pissing off other people who worked for him. I don't know if it's a poorly throught through…
> He cancels the donation. Isn't that literally un-doing a good deed?
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Which has more high rises: Buffalo or NYC? I'd argue you're mostly getting cause and effect backwards: places end up with lots of high rises because they're the most economically productive localities. Obviously at the margin another high rise will lower prices a bit , but the rate at which we'd be able to build them in SF sans restrictions would at most keep prices stable year-on-year. Which isn't nothing, but it's…
>...the rate at which we'd be able to build them in SF sans restrictions would at most keep prices stable year-on-year. Do you have any citations for this? It's unexpected to me. What's the limiting factor?
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Since when is an employee's salary based on their value to the company? Occasionally that value can be measured, and an employee will be payed by commission, but that seems like a bit of an exception. How do you judge the value of a business's single, extremely necessary, janitor? I thought employees were generally paid by their market rate, i.e. how much it would cost to replace them, which is not necessarily relate…
Based, not tied. Specifically, the salary is capped to their value to the company.
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This is the main argument I hear from people who are against the push to raise the minimum wage to $15. Question to you: how does others who used to earn less than you now earning the same as you affect you?
Whether you support a minimum wage increase or not, to think that it won't affect other people than those that are getting the increase just isn't true. Here's some possible side effects. - Prices of products or services increase to compensate for the increase in salary. - Higher paid employees don't get raises since the money that was previously allocated for that is being used to pay for the minimum wage increase.…
[0] http://www.ritholtz.com/blog/2015/07/chipotle-spices-up-the-...
If he was going to double the salary for the new hires, he should also doubled the salary of everyone else too. Whatever pay gaps existed still should be there for the best employees not to get demotivated.
If he had done this and told his employees not to tell people on the outside. He would have been in a much stronger position.
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So some people would get paid more, and you'd switch to a more balanced lifestyle? I'm struggling to see the downsides :)
The downside is that the company innovation dies way down because you've killed the meritocracy. Good people will either slack or leave.
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So some people would get paid more, and you'd switch to a more balanced lifestyle? I'm struggling to see the downsides :)
The downside is that the company innovation dies way down because you've killed the meritocracy. Good people will either slack or leave.
Something I hadn't seen discussed with much clarity is what happened to the employees who were already making 70k+? If I was working there making that much, would I see a similar percent increase? If not, then I'd be pretty angry about the situation and would probably leave as well. I think part of it is that what you get paid is mostly based on your experience and skill set, as well as what you bring to the company.…
So you would leave for another job paying you the same? You would actually leave just to find another job, where your colleagues were payed less?