“The whole time I was a union leader, we had to put up with John Howard and Tony Abbott attacking workers' conditions. I'm proud of being a moderate trade union official, working co-operatively between employees and employers. I'm interested in better wages for workers, better safety, job security, and, profitable companies, because I understand that if you get co-operation in the workplace, everyone wins.” IfsWholeJobsWinningCompanyLeaderConditionsSecurityProudSafetyTradeUnionsWorkersOperationsOfficialsEmployeeWorkplaceWagesModeratesEmployersAttackingProfitableTrade UnionsEmployees And Employers Author:Bill Shorten
“When the mass of families in a State are without property, then those who were once citizens become virtually slaves. The more the State steps in to enforce conditions of security and sufficiency; the more it regulates wages, provides compulsory insurance, doctoring, education, and in general takes over the lives of the wage-earners, for the benefit of the companies and men employing the wage-earners, the more is this condition of semi-slavery accentuated.” MenStatesWisdomPoliticsCompanyStepsEconomyConditionsSecurityCitizensBenefitsMassSlaveryPropertySlaveLiberalismWagesSufficiencyCompulsoryEmployingDoctoring Author:Hilaire Belloc
“We preach free enterprise capitalism. We believe in it, we give our lives in war for it, but the closest most of us come to profiting from it are a few miserable shares of stock in a company that doesn't pay large enough dividends to keep a small mouse in cheese. The truth is, most of us are job serfs. At a time when invested capital returns 20 to 30 percent, we have no capital. We only have our wages and salaries, and a debt so high that something like 20c on every dollar we earn is spent to pay off what we owe.” GivingBelieveWarEnoughWisdomJobsPoliticsPayCompanyEconomyOur LivesShareReturnTruth IsPercentCapitalismDollarsDebtMiserableLiberalismEnterpriseClosestCheeseMiceWagesSalaryDividendsFree EnterpriseSerfs Book:Left at the post Source: Left at the post
“A monopoly granted either to an individual or to a trading company has the same effect as a secret in trade or manufactures. The monopolists, by keeping the market constantly understocked, by never fully supplying the effectual demand, sell their commodities much above the natural price, and raise their emoluments, whether they consist in wages or profit, greatly above their natural rate.” IndividualNaturalSecretCompanyEffectsDemandRaisesTradeSellsCompetitionRateProfitGrantedCommodityWagesTradingMonopoly Book:Adam Smith: Selected Philosophical Writings Source: Adam Smith: Selected Philosophical Writings
“Competitiveness is defined as the ability of companies to compete while maintaining or improving the average standard of living. If you are cutting wages to become more competitive, that's not really more competitive. It's raising the skill and the efficiency of those workers so that they can support and sustain that higher wage.” IfsAbilityCompanySupportCuttingHigherSkillsStandardsWorkersAverageDefinedEfficiencyImprovingWagesMaintainingStandards Of LivingCompetitiveness Author:Michael Porter
“In general foreign invested companies who come to America to start a company, to open a manufacturing business or whatnot, they actually provide much higher wages than American companies.” AmericaCompanyHigherWagesManufacturing Author:Adam McKay