Wages Quotes - page 9

Why should coal miners suffer a lower standard of life than other classes of labour? They may be lazy, good-for-nothing fellows who do not work so hard or so long as they should. But is there any evidence that they are more lazy or more good-for-nothing than other people? On grounds of social justice, no case can be made out for reducing. the wages of the miners. They are the victims of the economic Juggernaut. They represent in the flesh the "fundamental adjustments" engineered by the Treasury and the Bank of England to satisfy the impatience of the City fathers to bridge the "moderate gap" between $4.40 and $4.86. They (and others to follow) are the "moderate sacrifice" still necessary to ensure the stability of the gold standard. The plight of the coal miners is the first, but not-unless we are very lucky-the last, of the Economic Consequences of Mr. Churchill. (John Maynard Keynes)
The value which the workmen add to the materials, therefore, resolves itself in this case into two parts, of which the one pays their wages, the other the profits of the employer upon the whole stock of materials and wages which he advanced. View quote
Adam Smith
I am so proud of our system of government, of our free enterprise, where our incentive system and our men who head our big industries are willing to get up at daylight and work until midnight to offer employment and create new jobs for people, where our men working there will try to get decent wages but will sit across the table and not act like cannibals, but will negotiate and reason things out together. View quote
Lyndon B. Johnson
If the economy today were operating close to capacity levels with little unemployment, or if a sudden change in our military requirements should cause a scramble for men and resources, then I would oppose tax reductions as irresponsible and inflationary; and I would not hesitate to recommend a tax increase, if that were necessary. But our resources and manpower are not being fully utilized; the general level of prices has been remarkably stable; and increased competition, both at home and abroad, along with increased productivity will help keep both prices and wages within appropriate limits. View quote
John F. Kennedy
Businesses should no longer be allowed to depress wages by hiring illegal labor and then falsely claim that Americans don't want to do the jobs. View quote
Dana Rohrabacher
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. View quote
Michael E. Porter
The theory of economic shock therapy relies in part on the roleof expectations on feeding an inflationary process. Reining in inflation requires not only changing monetary policy but also changing the behavior of consumers, employers and workers. The role of a sudden, jarring policy shift is that it quickly alters expectations, signaling to the public that the rules of the game have changed dramatically - prices will not keep rising, nor will wages. View quote
Naomi Klein
Unions have been the best anti-poverty program that actually worked and did not cost the government a dime. But as unions grow smaller- not stronger- our ability to act as an economic mechanism to distribute the gains of our work and raise all workers' wages and benefits up is disappearing. View quote
Andy Stern
In order to have any hope of obtaining the initiative of his workmen the manager must give some special incentive to his men beyond that which is given to the average of the trade. This incentive can be given in several different ways, as, for example, the hope of rapid promotion or advancement; higher wages, either in the form of generous piecework prices or of a premium or bonus of some kind for good and rapid work; shorter hours of labor; better surroundings and working conditions than are ordinarily given, etc., and, above all, this special incentive should be accompanied by that personal consideration for, and friendly contact with, his workmen which comes only from a genuine and kindly interest in the welfare of those under him. View quote
Frederick Winslow Taylor
The differential rate system of piece-work consists briefly in offering two different rates for the same job: a high price per piece, in case the work is finished in the shortest time possible and in perfect condition, and a low price, if it takes a longer time to do the job, or if there are any imperfections in the work. (The high rate should be such that the workman can earn more per day than is usually paid in similar establishments.) This is directly the opposite of the ordinary plan of piece-work, in which the wages of the workmen are reduced when they increase their productivity. View quote
Frederick Winslow Taylor
Scientific management... has for its very foundation the firm conviction that the true interests of the two are one and the same; that prosperity for the employer cannot exist through a long term of years unless it is accompanied by prosperity for the employe, and vice versa; and that it is possible to give the workman what he most wants high wages and the employer what he wants a low labor cost for his manufactures. (Frederick Winslow Taylor)
In the old 20th-century income distribution system, the shares of income going to capital, mainly in profits, and labor, in wages and non-wage benefits, were roughly stable. But that system is no more. View quote
Guy Standing
Globalisation began what should be called the Great Convergence, creating a globalising labour market in which wages in emerging market economies slowly converge with wages in rich economies, generating a steady drop in real wages across Europe. View quote
Guy Standing
Twentieth-century welfare state capitalism was historically unique in that national income was split between wages and profits, labour and capital. View quote
Guy Standing
People in the precariat rely very heavily on money wages. View quote
Guy Standing
What an economy really wants, after all, is not more investment per se but better investment. It wants capital to flow to companies that will create value - not in the form of a rising stock price but in the form of more goods for less cost, more jobs, and rising wages - by enhancing productivity. View quote
James Surowiecki
The decree of a coercive tribunal would not need to conform to the true standard of wages, the final productivity of social labor. It would introduce into distribution a genuinely arbitrary element, with a very large ultimate power to pervert the natural system. View quote
John Bates Clark
The capitalists speculate on the two following factors: the female worker must be paid as poorly as possible and the competition of female labour must be employed to lower the wages of male workers as much as possible. View quote
Clara Zetkin
If I could sum up 'Shadow's Claim' in six words: cage fights with hot alpha males. Seriously, though, while the fights are the backdrop for Trehan and Bettina's love story, the main emphasis is on how Trehan - a pitiless master assassin - wages the ultimate battle to win her heart. View quote
Kresley Cole
There is great dignity in work – and in America, if you want to provide for your family, you should be able to find a full-time job that pays a fair wage. The federal jobs guarantee is an idea that demands to be taken seriously. Creating an employment guarantee would give all Americans a shot at a day's work and, by introducing competition into the labor market, raise wages and improve benefits for all workers. View quote
Cory Booker
The property owner who invests in a modern corporation so far surrenders his wealth to those in control of the corporation that he has exchanged the position of independent owner for one in which he may become merely recipient of the wages of capital... [Such owners] have surrendered the right that the corporation should be operated in their sole interest... (Adolf A. Berle)
We trust the good Maker has opened your eyes to the wrongs which you and your fathers have done to me and my fathers, in making us toil for you for generations without recompense. Here I draw my wages every Saturday night; but in Tennessee there was never any pay-day for the negroes any more than for the horses and cows. Surely there will be a day of reckoning for those who defraud the laborer of his hire. View quote
Jordan Anderson
The old form of trade union, which was born in the nineteenth century and aimed primarily at negotiating wages for a specific trase is no longer sufficient. First of all, as we have been argueing, the old trade unions are not able to represent the unemployed, the poor, or even the mobile and flexible post-Fordist workers with short term contracts, all of whom participate actively in social production and increase social wealth. Second, the old unions are divided according to the various products and tasks defined in the heyday of industrial production - a miners' union, a pipefitters' union, a machinists' union and so forth. Today, insofar as the conditions and the relations of labor are becoming common, these traditional divisions (or even newly defined divisions) no longer make sense and serve only as an obstacle. Finally the old unions have become purely economic, not political, organization. View quote
Antonio Negri
The teams at times could go but a short distance every day. In bad weather at night there would be as many as 150 horses at one of the small frame inns which were not more than five or eight miles apart. Each driver had to care for his eight horses, feed, clean, card, harness and unharness. For all this work my father received the wages of $15 per month. View quote
Henry M. Leland
I had been journeying to and fro on the face of a fine broad bit of English earth, seeking what wages I could earn, what work I could get, and what facts I could devour. I found, I got, I devoured, every morsel which came in my way. I read, marked, learned and inwardly digested, as the prayer book says somewhere, all I could lay my hands or ears or eyes on. At the same time I was taking in a supply of facts which would not be digested-tough facts about the land and the labourer, that accumulated and lay within my mind, heavy as a lump of lead, and hard as a stone. No matter what I did, whether I was working with my hands or my head, that mass of indigestible facts was always in the background, worrying and bothering me. I got no peace; it worried and bothered me more and more as each year went by. View quote
Joseph Arch