Level 225 Comments: Mind Blower
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|Date Signed Up:||5/05/2011|
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Level 225 Comments: Mind Blower → Level 226 Comments: Mind Blower
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latest user's comments
|#49 - Margery is my favorite||06/04/2013 on No hoverhands for Samwel...||+4|
|#111 - wow I only just saw Pulp fiction for the first time and now i …||05/31/2013 on no inbetween||0|
|#25 - **** that gif is funny||05/30/2013 on Genius||+1|
|#13 - >paying the highest wage possible. Lol okay OP because… [+] (1 new reply)||05/30/2013 on yesterday vs today||0|
#26 - angelusprimus (05/30/2013) [-]
Actually that is only half right.
Carnegie did keep wages low, Rockefeller did not. Or not entirely, he paid unskilled workers little, there was always far more unskilled workers then jobs. On the other hand, skilled workers were very well paid, far above average in USA at the time.
Similar policy J.P. Morgan brought to US steel after buying it from Carnegie. Unskilled labour cheap, skilled well paid.
And always build up. If you are sacking people to make a profit, you are undermining yourself and fucking up your product long term.
Real difference from those people and today's capitalists is very simple. They thought ten steps ahead, and planned years in the future and were ready to take temporary financial hit if it meant huge profits long term.
Today they HAVE to post profits each quarter, or they will not get bonuses, so they fire good workers and close long term programs and/or R&D programs, and make money short term, while eroding the company long term.
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|#148 - They actually started at similar times. Lil Wayne was signed t…||05/27/2013 on Young Money gets no love||+5|
|#18 - Comment deleted [+] (1 new reply)||05/26/2013 on Poor snail||0|
|#46 - **ryanmck rolls 98** RWJisMyIdol||05/23/2013 on Why was i so stupid||-1|
|#166 - Yeah **** I just realized how dumb I am my bad. [+] (1 new reply)||05/22/2013 on Damn Fusions||0|
|#135 - Comment deleted [+] (3 new replies)||05/22/2013 on Damn Fusions||-1|