Investing in Micro Capitalists
(Update June 11, 2017: Over the past 18 months or so, the more I look at creating an investment fund for micro business, the more I find the same pitfalls of the existing micro loan institutions. Maybe the better course is to continue to advocate for micro capitalism in the developed world and see if there is a way to spread the philosophy to developing countries over time. So far, I have not come up with a good way to get micro capitalism [my version] off the ground in my home country/state/county)
Nov 3, 2015
My previous comments about micro capitalism has been directed at making sure the wealth creators in the developed countries, and especially the USA, get a fair compensation for the wealth they do create. This is not about these wealth creators.
This is about coming up with a new model for a “Grameen Bank” style investor/entrepreneur exchange. My working name for it is LoanEx, but as it only exists as a concept in my mind, you could call it anything. For the purposes of this article, I will refer to LoanEx as this hypothetical for profit corporation whose mission is to do good while making a fair return.
The idea is to develop a market for small short term loans to help small businesses, from a coffee or cocoa farmer buy a piece or two of equipment to make his farm more efficient and profitable, to help a lady who sells hot sauce at the local market get a safer canning system, or a label machine or a new stove. To help a delivery service buy or repair a dirt bike to improve deliveries, or to pay for a solar charging system in an off the grid community. Or a hundred or a thousand other small viable projects.
We are not proposing charity, as wonderful as charity is, and we certainly hope everyone who would like to put some of their wealth into charitable organizations will do so. But if you have any thoughts about this concept, the legalities, the problems, or if you are interested in being involved, let me know.
Head of Private Equity at DWA
There are a few groups providing an effective micro finance service in Indian and Africa. These are highly labour intensive. In order to help the recipient repay the loan, there is an accompanying education service. This adds to the expense of the investment, but does improve the chances of repayment. Private equity is active in this area and in education for profit.
Head of Private Equity at DWA
Th key to all develpment is education. Education for profit helps extend the reach of education, at all levels. This is a great opportunity to produce great turns with a significant impact. Africa has a dire need need for more education. Wider education. Reaching both genders. It also offers nascent markets in a fragmented industry. Ripe for investment.
Bottom of Form
Thanks, I certainly support education in its many forms, but I am thinkI got sometimes local people know their own economy better than outsiders who simply want to recreate the western marked which have not exactly maximized broad spectrum wealth creation. If you haven’t read them you might like some of what I have written about micro capitalism in the west:https://www.linkedin.com/pulse/micro-capitalism-part-2-anthony-watkins?_mSplash=1
Part-time Assistant Professor of Humanities and Social Sciences at The New School, NY
Mini-me comes to mind.
Ar Bran Kembreiz
Small, evil versions of the big, evil bastards.
interesting. why do you say that? money lending is often done by evil people, but so is every other profession. that doesn’t mean we cant design and build a fair system that helps those who need a start or a hand while paying a responsible rate to those willing to back them.
LinkedIn Super-Pest at Nemesis of Charlatans Unlimited
I need about £200,000 or so to Patent the design of the set of System Subrelations for my Identifier-Centric Subrelational Model of Proposition Management; not so as to become obscenely rich, as in Bill Gates and Larry Ellison, but so as to level the Information System Playing Field, and cut Bill and Larry back down to size. // I’ll do a personal page thread post about how the CORE Relation / Table in EVERY important RDBMS (including Oracle and SQL Server) .. often called “systables” .. has evolved, via Immutable and Meaning-Less Identifiers, into “The Subrelations Subrelation” .. where the NAME is freely updatable, and bears capitalisation and visible spaces between words (as in this post, and as in “George Richard Gretton”) …
Top of Form
LinkedIn Super-Pest at Nemesis of Charlatans Unlimited
Ok … I guessed as much … but I have posted my thread anyway ..
Global Director of Market Development at Folding Shutter Corporation FSC
sorry, I have no idea the merits of your funding needs, but I am certain we are looking at more like £200 or £2,000 not £200,000. I wish you well, but that is not what we are talking about here.
VP Marketing at NICE PEOPLE AT WORK
Do you know Kiva?
yes, kiva pays the “investor” nothing but the original investment, minus any defaults, and funds backfilling of loans made by anyone who wants it, and even though Kiva charges no interest, the end borrower may pay as much as 100% and if they have trouble paying the loan back, the local “partners” have been known to use loan shark methods to stay out of default. Kiva could be a good tool for doing good, but most of the time it isn’t. Thats why I am looking for alternatives and even considering creating my own…
Micro Capitalists and the Future
Oct 13, 2015
Don’t wait on alternative technologies to save you or the American worker. The only one who can save you is yourself, and the only one who can save the American worker is the American worker.
If you look around, some of the biggest players in alternative technologies are the same players in conventional technologies. The economies will grow and shrink and change, but the great disrupters of the past have always led to new holders of the markets, sometimes the same holders of the old markets, sometimes not, but I doubt we are going to see a world much different in its structure anytime soon, as in our lifetimes. Humanity may have lived a million years without credit and debt, but the system that allows for the consolidation of wealth to accomplish things, has allowed us to move much of the world (though not all) away from the subsistence life of child labor, starvation and disease and an average life span of under 40 years.
The balance of capital to wealth creators is out of whack, but the system of capital aggregation is sound, and will continue and will continue to improve the lot of man and will help solve the environmental issues of the planet, as soon as those wealth creators regain their power and choose to use it wisely.
Our problem, and it is an old problem, is that the wealth creators, for various reasons, do not band together to demand the capitalist doesn’t abscond with too big of a chunk of the wealth. If the capitalist invest a few million dollars (usually someone else’s money) then asks the employees to do more and more work for a smaller and smaller percentage of the pie, the system is corrupt and it leads to irresponsible people like Donald Trump and the Walton family controlling a billions in personal wealth while their employees, remember the men and women who actually build the wealth, collecting a pittance. (Yeah, I know Donald is a piker compared to that worthless lot in Bentonville, but they all tend towards incest, DUIs, rape, and general anti social behavior, which they, by and large, get away with because they don’t live in a trailer park).
I don’t blame the Waltons, or even piddly Donald, because they are all just greedy punks. I blame us, the controllers of the most powerful nation on the planet, in the history of the planet, we voters, we workers, for not standing up for what is ours. I am not talking about pitch forks and robbery. When you have say a hundred employees working at a corporation, depending on the type of work the corporation it is, those employees are all the company has, except a brand.
If the work of the company could have been “off shored” it probably would have been already. If you sell Soda, or Shutters or Build Homes, or one of about 100 other types of work, your job cannot reasonable out sourced to cheap labor, you, and your coworkers not only do the work, you build the brand. If you can get past the concept that there is labor and management, and see there is only workers and capitalists, then you can understand you are not a worker, you are a wealth creator.
If this mythological Acme Co. with it 100 skilled employees banded together, and said, we demand our fair share of the profits, and of course, if there are no profits, we will have to work for less until we get to break even, in fact for less until the investors get a fair market return on their money, 3-5% or whatever it is at the time. If we earn a profit, over that return, the profit is divided equally amongst us all, investors and employees, lets say, our company is rocking along pretty healthy, say $15,000,000, in sales, with an $500,000, to the investor for the use of their initial investment of around $10,000,000 and the employees are making a living wage, say between $30,000-$60,000, depending on their position and effort and skill level, leaving about a million in “profits” or wealth not needed to satisfy the basic cost of money and the basic needs of the workers, so the investors and the workers split the balance, say 50/50, and the workers each net about $5000 as their share. and the investors get $500,000 divided by the number of investors and their share.
Now, the company, through the hustle and initiative of its workers manage to increase revenue the next year to $18,000,000, without adding to the cost side of the ledger except of course a bit more raw material and energy costs associated with production, so the additional $3,000,000 generates not another $300,000 in profits, but nearly $600,000!, the workers should demand at least half, if not more, as the investors did nothing to earn that extra money!, remember the investors put $10,000,000 into this company a few years ago, and every year they get a fair market interest rate on their investment of around $500,000. in addition, they get half of the “ordinary profits” which typically is another 5%, so they are consistently making twice the market rate for the use of money!
In a modern American company, the wage earning workers, management, and sales staff would find downward pressure on their wages simply because the investors want to maximize their profits at any cost. This mentality often sees a drop in revenues as the wealth creators see less and less incentive to either stay at this firm or to give their very best if they do stay. This race to the bottom produces a workforce where the brightest and the best move on to another opportunity, and the worst of the lot stays around and “punches a clock.”
In a firm with good “Corporate Mental Health,” the workers, the management, and the investors recognize they are a team of wealth creators and pull together and divvy up the cash in an appropriate fashion!
So back to the Acme, how should the new $600,000 be divided? $3,000 to each employee and $300,000 more to the investors, who did nothing for this new work and revenue? $6000 to each employee as they created the wealth and the investors are already getting twice the going rate for the use of their money?
The truth is, even though the investor has been doubly rewarded, his sense of greed and entitlement means he will not stand for no compensation even though he did nothing to earn it, so a split will be needed, justly or not.
A 60/40 split? 67/33? 75/25? What seems a fair payment to the investor who never set foot on the shop floor, never loaded a sample in their trunk and drove off to call on a client, never sat in front of a computer and designed a critical path, or a flow chart, or designed a marketing campaign?
Tell me, how much should belong to the wealth creator, and how much to the already over compensated investor? I am not advocating socialism, or communism, only proposing we reward the micro capitalist who create wealth.
Contract Software Developer at HGBS
You must have been over at Brighton with Jeremy. The 21st century is going to be an interesting canvas as the ‘living wage’ people battle it out with the wealth accumulators. At one point I was wandering around a Cree ‘First Nations’ reservation in Alberta – very depressing. The Canadian government ‘settled’ a set of grievances with various tribes by assuring a certain amount of income and land – there was no incentive to do anything. If you lived on the reservation you had food and housing and education and health care. But nothing more. We found people trying to bum rides all the time, the benefits didn’t include any form of transportation allowance. More recently, I visited Germany. My intent was to replicate the 1960s habit of young Americans to simply ‘go where their mind wandered’ – we jumped on a train from Frankfurt to Berlin. We figured out pretty quickly that ‘Germany Works’ in the sense that the transportation was efficient, we could wander around Berlin without feeling like we were in any danger, and the costs of meals and hotels, at least where we were, were by my standards ‘economical’. What I could get for 10 euros in Berlin would cost me $15 in Austin. Anyone of educational or working age (from, say, six years old to 65) needs to exist in some environment of ‘challenge’ – you ‘have to do something’. If you fall, the safety net is thin – you could experience real pain. Rewards on the upside are substantial, and you get to keep most of what you earn. Those that have hit bottom need ‘friends’ – what this means specifically is that they aren’t ‘rescued’ by government programs – they’re ‘mentored’ by people that are paying attention to their circumstances. This is something the extremely wealthy could support – ‘case by case’ situations where someone tried and fell, and needs exactly as much support as needed to ‘raise them from ruin’. This means an active community. A lot of the people that are in dire circumstances have drug addictions – people are going to view helping such people as a waste of time. Often it is necessary to simply wait until someone makes the personal commitment to ‘stand up’. Governments don’t know and don’t care whether an individual as ‘come to their senses’ in this context.
Agreed, Germany is a good model of micro capitalists! We need to do something to give the investor class a challenge. sure their money works hard, but they rarely do. as opposed to the worker class, here they work hard for a very small share of what they create. i think the welfare state of the native american disempowerment is well proven on both sides of the USA Canada border. micro capitalism doesnt reward anyone who isnt working, but it means if you work, and you work in a wealth creating way, you should get the lion’s share of that wealth, leaving the investor a fair return on the use of his money, and a small piece of the action for investing in the people who do so much with his money that he is too lazy or otherwise incapable to do with himself.
Micro Capitalism Part 2
Sep 7, 2015
The net wealth of the USA is approximately $120,000,000,000,000. There are a little over 300,000,000 people living in America. If the wealth was divided equally, that is $400,000 for every man woman and child in this country!!!
I am not advocating for an equal division, as various people contribute at different levels to the creation of wealth, but when many millions of hard working Americans have a net worth of essentially ZERO, and a million are worth Millions and about 500 people are worth over a billion dollars, I think it is time for the 90% of us who are worth less than that median $400,000 to band together, to make the wealthiest invest in America, starting, not with the middle class, but with the poorest of the poor, and then the middle class.
There is nothing to say if the wealthiest 10% had to invest an additional 10% of their Wealth, not Income, and the top 1% had to invest 20% of their wealth in building opportunities for the poor to become healthy, educated and to fund their ability to create wealth in an equitable way we would not all not only be better off, but so would the top 1% and 10%!
(Why not say if a man earns a company $100,000 profit, he should receive about 1/2 that wealth creation, or if he earns the company $500,000, 1/2 of that? If you consider a fast food employee who makes $8.00 per hour while generating approximately $48,000 in net profit (less his $12,000 per year wages for about 1500 hrs), if he was paid half the profit he earned, he would make just over $15.00 per hr, and if he was allowed to work full time (the current system of using mostly part time help is to avoid giving them the same level of benefits they give managers.) he would make the company $65,000 and make $32,500. And the funny thing is, if it was “his company” he would probably think of other ways to improve the bottom line, making him and the owner both more money!
That is pretty close to lower middle class, especially if you have two wage earners at that level…… the owner gets a very motivated “partner” instead of an employee who dreams of finding a “real job” night and day. Better customer service, less waste, and an ambassador for the business, on duty and off! In the end, the owner gets more back than he put in. Why are the wealthy so blind? Well, most rich people are almost as stupid as they are greedy!
Construction products, Services and Software solutions|Helping Organizations to grow ethically|Procurement|Recruitment|
Anthony Watkins: Interesting….Thanks for sharing this with us.
Thank you. Enjoying your leadership series, by the way. https://www.linkedin.com/pulse/what-single-most-important-quality-leader-should-possess-b-v?trk=prof-post
Millwork/Building Products Professional
Anthony, nice piece. Like you I do not believe in RE distribution of wealth. Economists (both left and right) have identified the wealth discrepancy in the late 1920’s as one of the leading cause of the great depression,not the stock market crash,combined with the last hoover bill (smoot-hawley act) started the mess. The people who owned all the money stopped consuming. Wealth in the US today is controlled by even less people than the 1920’s. DID YOU READ THE ARTICLE in the Orlando Sentinel about hourly wages in florida? Sad. T
Contract Software Developer at HGBS
 “million are worth Millions”. According to the IRS, there are now 10 million millionaires in the US. There are about 7 million union members in the private sector, and another 7 million or so in the public sector. Members of various pro ball teams are in both – members of unions and paid millions per year. This doesn’t necessarily mean they’re millionaires, some of them mismanage their incomes to the point of bankruptcy. $1 million divided by 250 (business) days is $4000 per day of income. If someone publishes an e-book or app that they sell for 99 cents, and they sell 4000 copies a day for a full year, they clear the $1 million income with room to spare. The millionaires that ‘made it’ on their own tend to be investors in businesses – businesses they own and operate. There are also plenty of millionaires that are active as ‘angels’, seeking out investment opportunities from those that are trying to ‘stand up’. The problem starts when people inherit wealth they don’t manage. Some trust fund run by a private wealth management firm manages the fortune on ‘automatic pilot’. This creates a whole raft of undesirable side effects, often side effects that the managers know they shouldn’t be doing but have to based on either specific instructions or legal constraints. This kind of stuff tends to drive ‘counter-productive’ investments, such as unneeded commercial real estate, plowing money into oil and gas businesses when prices are collapsing, etc. Looks like you’ll be working on Part III of this post.
Thanks, maybe not right away, I am enjoying the feedback from the first two, too much!
Portrait Photographer, Writer & Social Media Consultant.
The American dream is a myth that very few have access too. Good post Anthony Watkins!
I am calling for those of us who can to influence the restoration of that dream to a reality. We can band together, either in unions, or in smaller adhoc unions, especially when a company is in a position, like my former company to be more open to pressure.
Vice President of Construction at Florida Home-Improvement Associates Inc
It’s a great story, who wants to be the first to do it? Most business owners I know worked day and night, sacrificed and risked everything to make a better life for themselves and their families. The promise of the American Dream is the opportunity to work hard and sacrifice to build something.
Most of those guys are paying their employees nearly as much as they make themselves. The problem is when you have a midsize to large company where the investors and the line workers are not in constant daily contact and the investors think they are creating wealth and that labor is just an item on the cost side of the balance sheet. Even the most conservative business owner who has 3-10 employees who work along side him every day, treats his workers well, because he knows they are his partners. We just need to keep that focus on when the company is 50-5000 employees.
President at GM&P Consulting and Glazing Contractors
The Communism does not work. Man is an egoist animal that work for his own benefit. When you stop this you stop progress you stop future. I left a socialist country to have a chance in my life, and I can leave the USA tomorrow if you guys turn as socialist. But for your own benefit you need to give a chance to the each individual to be successful …… And that is what your country does. Do not stop a dream Thanks Gio
What socialist country did you leave? Not that I am proposing socialism in the least!
This is not communism. This is a capitalistic profit sharing system. The state doesn’t own anything. The workers are rewarded for their wealth building. It is more capitalistic than the current system in the USA!
Capitalism, Marxism and Micro Capitalism
Sep 6, 2015
A few years ago, I was a rapidly rising star in a now defunct company. In spite of my lack of education (no degree) and in spite (or maybe because) of my lack of experience, several members of management were very gung ho on my vision and attitude. I like to make things happen, and I really like to help my bosses make money. I never thought of myself as a potential leader of the company.
The old General Manager, Joe Green, had a way of seeming to try to never actually do anything, to never have an action or a decision that you could pin on him. As horrible as this sounds, it had successfully allowed him to draw a 6 figure salary for over 8 years, so in a way, I have to respect him for that. Due to the collapsing economy, our ownership eventually had to relieve Joe, announce a 10% across the board pay cut, including the Sales Reps commissions!
I was distressed. My first reaction was to look for a job. But I sat down and thought about it. I had a great job, doing work that I loved and was good at, and prior to the pay cut was almost making as much money as I felt I was worth. I had recently turned down a 20% pay raise running a competitor’s company. The job change would have meant longer hours, more responsibility and a pretty good chance I was walking into a system designed for failure. So I still wasn’t in a hurry to leave, but I found the pay cut unacceptable, not only for me, but especially for the line workers making half my salary.
During the meeting where he announced the pay cut, the owner explained that we needed to generate $6 million dollars in annual revenue and we were on track for just above $5 million. His choices were to sell the company at a ‘fire sale’, shut the door and right off the $5 million capital outlay from him and his partners, or to make a temporary cut and try to build back up to profitability to the point where we would all be restored to our previous salaries and commissions. He was choosing the latter.
After the meeting, I spoke to a few of the employees who had been with the company for over a decade. They said a few years earlier, they had all been given a 10% pay cut and it had never been restored. That night, I drew up a plan. I was very excited about it, and thought it would almost guarantee our company making it to the next level, to the 20-50 million dollar annual revenue.
I had looked at recent balance sheets and other financial statements, so I knew all labor combined from the first sales call to the close to engineering and production and installation equaled 25% of all revenue, and he had just cut 2% of that by relieving us of our commander and another 2.5% by slicing our pay.
My plan called for making the new pay permanent, then offering a 10% raise for every 10% increase in revenue or other increasing the net profitability. My idea was to not restore our actual pay cuts, but to take the guys making $25,000 who were now on track to make $22,500, as well as the very top executives who remained after Joe was terminated, the $75,000 who now made $67,500, and restore the 1,000,000 times .25, or $250,000 evenly across the 50 total employees, or $5,000 each, and not only that, every time we increased the gross profit number by an additional million, we all would each get another 5K, of course, at some point we would max out our efficiency and have to hire more people at various positions. These increases would go on forever, 25% of our revenue would be dedicated to the labor component, with each employee participating in a way that meant it was possible for each person to earn $50,000 – $75,000 more than the new base salary.
The next day I asked for a few minutes of the owner’s time. We sat down and discussed my proposals. Besides what I have laid out above, I expressed my belief that we needed to pick a new GM almost immediately. He disagreed. Let it shake out he said. He said he liked some of my ideas about the incentive plan, but he thought it ought to be proportional. He argued two things, one, the people we paid the most were worth the most, and should benefit the most for success and he was dead set against letting the labor factor stay fixed to fund the incentives as we grew more profitable.
“What about the stockholders?” he asked.
“What about them?” I replied.
“They are 5 mil into this company already.”
I asked him how much the company was worth at that moment. I suggested it was worth a dollar. He corrected me, less. It was of negative value if you took the outstanding debt against market value.
“I said, ‘there is your answer!’”
“What do you mean?”
“Well, you stockholders own a bankrupt company, if we, the 50 people who show up for work every morning can build you back to profitability, then it is as much our company as the folks who invested in it and let it go bankrupt!” I said. Then I continued, “I am not asking you to make us share holders, its still all your company. I am saying the only way you aren’t out 5 mil plus whatever the company owes to the bank is if you treat us as your partners, not your employees. You come in here and TELL us we are getting a pay cut, you better be damn sure to let us know how you plan to get our money back, and you should have a plan to reward us beyond that if we can save you while saving our jobs.”
“I will think it over, but I think I want the new GM to introduce this incentive, and I think I want to wait three weeks to introduce the new GM, but I am pretty sure I am not comfortable with building the incentive to do more than restore the lost wages and maybe add 10% and it needs to be proportional.”
I said, “Well, it is your company, but I think you are making a mistake by not appointing a new chief and by not telling the folks here about a plan to get their money back. I also think you need to uncap the incentive and make it equal, because if you give EVERYONE here an equal incentive to maximize profits and reduce waste, you will succeed beyond your imagination.”
He did mention to some key people that he would announce a new leader in three weeks and that he was working on an incentive program. Then he left, as he had several other businesses, we rarely saw him more than a few days every month or so.
When he came back, we had more meetings. In the first one, he praised us for really turning things around. It turned out the previous GM had been a mobile rain cloud. He dampened everyone’s efforts to the extent that we were all able to make a marked improvement, we were now tracking at over 6 mil in revenues and profits were up, as were collections! He then asked us if we had any suggestions. Most of the other department heads had something to say, I turned to a clean page in my legal pad and wrote two letters that covered the page, then I held it up like a sign: GM.
Everybody laughed. The owner said, “But you all have done such a great job!” I said, “We have been running on Adrenalin, on fear, and on the joy of not having Joe holding us down, but we need a leader!” I looked around the room and said, “There are seven other department heads here, you pick anyone of them, and I will follow them, and I am pretty sure the rest will, too.”
He came back two more times before he picked his leader. I was truly shocked because he picked the most competent and probably the smartest person in the company, Jose. Jose had come to America by way of Europe, he was an engineer, and a businessman from Brazil. Because of his somewhat heavy accent, and his lack of American certification, the previous GM had always been dismissive of Jose. It was a great frustration to see the talent in Jose being under used, so it was with great joy to see him given the opportunity.
Sadly, the owner never pursued the incorporation of the “ownership/partnership” plan I had laid out. As the economic times grew tougher, we lost more and more key people, including our new GM. Jose is now very successful with a larger firm in a different line of work. I am happily employed in the wholesale department of an old established company. Before all the doors closed, before Jose even left the firm he told me that the owners very nearly picked me instead of him. I am glad they chose him, though I wished they had listened to my plan.
My wife told me she thought I was too much of a Marxist. That I scared them off with the equality talk, with the partnership talk. Maybe she was right, but I wasn’t a Marxist then, and I am not one today. I believe in Capitalism, but I believe every employee is truly self employed, and the company that recognizes this and encourages the employee to become an active partner will be a company that succeeds for many decades to come.
I believe in Micro Capitalism, with each employee acting in cooperation with his fellow employees, but as an owner, one who participates in the wealth he creates, not at the expense of the capital partners who bring money, but never show up for a day’s work, but in an expanding base of wealth for the stockholder whose company goes from 5 million to 20 million in sales and the profits go from 50,000 to 3 million. Both share the wealth in a way that is more than either would have had without the true partnership. You wanna call it Marxism, fine, watch your company wither and die when hard times come.
Think of it as enlightened capitalism, or micro capitalism, where each part of the team gains from the success of the whole, where turf battles are converted to profit opportunities. Can Wholesale help Retail? Can Engineering help Production? There are endless opportunities if one can ungrasp the meager fist full of dollars and allow the wealth of a fully engaged team to succeed.
Facility Manager / Quality Assurance NASA KSC, Principle CRC/CCC
You need to start an employee owned company and steal away all the great employees, then with the business plan and list of customers you already have, be successful!! You will not teach the old dog new tricks!
Understood, but it seems a shame to wreck a good house because the furniture needs to be rearranged. If the company I work for now ever loses its vision, I might have to do just that.
Millwork/Building Products Professional
It was meant to be humerous .anthony.
Funny! I think you are talking about the Nazi goebbels!!! Funny thng about the nazis calling themselves socialists, yet they were the ultimate crony capitalists, much lije todays republican party. Not that the GOP gases jews or bombing london, but the system of corrupt politicians and large businesses creating an uneven playing field and reward the politicians who help make it possible.
Millwork/Building Products Professional
Jeez, Anthony, that .was a long diatribe, sounds like Joe Goebells. Your wife is a smart woman.
well, she is a smart woman
Need Help with CASE tool – PHPRUNNER , let me know. LAMP-PHP-MYSQL-POSTGRE and FrameWorks alike; GESTOR DA SAÚDE – HMA
Real cool … I like the way you put it.
Contract Software Developer at HGBS
Marxism would have meant figuring out who had kids, who need to make a ‘living wage’, whether the ownership income from the investments were ‘fair’, etc. Nothing in your plan suggests any of those things, it simply says if we’re more successful, we get paid more money. Everybody’s on board, lets do it. Looks like a Capitalist Plot to me.
Agreed, but it is threatening to those who approach life and business as plantation owners. I don’t ever want to work anywhere that ANY of the employees make less than a minimum LIVING wage, around $15.00 per hour not just because that is a good and right and moral thing, but because if you cant pay someone that much, you are not using them very well. Even before the iron age, a person made enough for his labors to stay alive, at least most of the time, or we wouldn’t be here as a species. If after all these thousands of years since with machines and efficiency improvements, a man isn’t able to do more for himself and his family than our hunter gatherer ancestors, we are a pitiful lot!
Head of Private Equity at DWA
Maverick – was the title of the book
Sales Account Manager
Anthony great totally agree with all you said
CT Processing Technician | Customer Service Rep | University of Phoenix Alumni
Nailed it once again. Great observations.
LinkedIn Super-Pest at Nemesis of Charlatans Unlimited
“Before all the doors closed, before Jose even left the firm he told me that the owners very nearly picked me instead of him.” /// It takes one good man to recognise another ..