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Wednesday, April 6, 2016

Worker's Wisdom

As much as I go off on the Buffalo News - I do like to read the letters to the editor because every now and then they let one slip through that goes against "conventional" - and by that I mean capitalist - wisdom.

In the case of capitalism,  there is no wisdom,  but that I will leave for them to discover the hard way.

The author of the letter (from Springville)  raised the question "Who are the job creators?"

The answer is not the conventional answer of the capitalist class.  It's the people that actually buy the goods that are manufactured.

I've been plodding around on this planet long enough to see many businesses come and go.  The ones that make it have customers.  The ones that don't - well,  the customers didn't go there.

A key point is that customers have money to spend.  The businesses that they spend money at are the ones that survive,  thrive,  and grow.  Where the money does not flow to goes belly up faster than the Titanic.

So the real job creators are the working class.  The better the 99% do,  the better the economy.  The 1% are only going to spend so much and they can not spend enough to support the entire economy.

I always get attacked about profits.  I'm OK with a reasonable profit.  I also want to see the profits going to those that really make the profits possible - the working class.  I get the whole "someone had to come up with the idea for the product and business, blah blah blah." Who makes the idea successful?  The business or the customer? 

There is no need for the income disparity we have though.  When the CEO makes 350 times what a worker does,  there is a problem.  And in many cases,  the CEO did not create the company.  They are just being brought in to manage it. 

Look at the collapse of GM & Ford for people that did not create a business and led it to collapse through mismanagement. 

We can also look at Wall Street and the banking industry for incompetent management.  And look at the damage that they have done to the world economy.  It wasn't the workers that collapsed the banks - it was the policies of management that they had to follow that crashed the economy.

So - a little worker's wisdom to the capitalist media - Start promoting what is good for the working class.

It might just save your job.

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