Universal Basic Income

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Re: Universal Basic Income

Postby grzegorz on Sun Aug 04, 2019 1:39 am

A good article on the death of unions.

https://www.theatlantic.com/business/ar ... ad/412831/

Perhaps we will get lucky and get a pro-union president in 2020 but with the way things are going now it isn't looks good.
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Re: Universal Basic Income

Postby everything on Mon Aug 05, 2019 5:02 am

I don't need know much about them so don't have any well informed opinion.

But shrinking middle class for any reason seems bad.

So working on those reasons seems like it would be on the agenda.

Unless you only listen to large donors.

What has happened to the small donor movement?
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Re: Universal Basic Income

Postby Steve James on Mon Aug 05, 2019 7:43 am

Unions aren't inherently good when they're not inherently necessary. In dangerous jobs, unionization prevents the exploitation of individual laborers. For ex., on a union job, everyone gets paid at the same scale. Of course, the other aspect of unions is that union leaders can have tremendous power --to call strikes, for instance. So, they can become corrupted or be forced to become corrupt. But, it's not the "union" that's bad. If you have a job where there are lots of people like you doing the same thing, you'll probably appreciate a union. Otoh, if you have a unique set of skills, you might prefer having a personal employment contract that you have negotiated.
Last edited by Steve James on Mon Aug 05, 2019 7:44 am, edited 1 time in total.
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Re: Universal Basic Income

Postby everything on Mon Aug 05, 2019 4:28 pm

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Re: Universal Basic Income

Postby Steve James on Tue Aug 13, 2019 9:57 am

Coal miner protest.

Coal miners in Kentucky continue to protest their former employer by blocking a railroad track that carries coal trains, demanding back pay after being laid off last month.

The protest, which started on July 29 in Cumberland, Kentucky, is in response to workers who were laid off by their former employer, Blackjewel LLC, which filed for Chapter 11 bankruptcy on July 1. As well as “operational issues” in its mines, the company cited “a combination of declining commodity prices, reduced domestic demand for thermal and metallurgical coal, and increased oversight and costs associated with regulatory compliance” as factors leading to it going bankrupt in court filings.

“The entire U.S. mining complex has been impacted by these events. A growing number of peers have filed for bankruptcy over the course of the past 5+ years. The entire industry either has gone through, or is currently going through, a period of financial distress and reorganization,” the document continued.

https://currentnewsvista.news.blog/2019/08/12/blocking-coal-train-railroad-tracks-over-wage-complaints-a-protest-by-kentucky-miners-is-now-entering-its-third-week/


https://www.youtube.com/watch?v=WEaYvKTEwpE


https://www.youtube.com/watch?v=tFNkDaLU-k0
Last edited by Steve James on Tue Aug 13, 2019 10:01 am, edited 1 time in total.
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Re: Universal Basic Income

Postby Steve James on Sun Aug 18, 2019 10:12 am

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https://img-s-msn-com.akamaized.net/ten ... 778&y=1252

Well, the 2nd biggest U.S. conglomerate is hiring in Mississippi --at the plant there was an ICE raid. The question is why people who hire undocumented immigrants aren't punished for hiring them.

I wonder what they're paying down there. Minimum wage is $7 per hour, for citizens.
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Re: Universal Basic Income

Postby everything on Mon Aug 19, 2019 1:49 pm

Group of top CEOs says maximizing shareholder profits no longer can be the primary goal of corporations

The new statement, released Monday by the Business Roundtable, suggests balancing the needs of a company’s various constituencies and comes at a time of widening income inequality, rising expectations from the public for corporate behavior and proposals from Democratic lawmakers that aim to revamp or even restructure American capitalism.

“Americans deserve an economy that allows each person to succeed through hard work and creativity and to lead a life of meaning and dignity," reads the statement from the organization, which is chaired by JPMorgan Chase CEO Jamie Dimon.


https://www.washingtonpost.com/business ... reddit.com

Some great comments on Reddit such as

ashenblade• 4h
"... Already long ago, from when we sold our vote to no man, the People have abdicated our duties; for the People who once upon a time handed out military command high civil office, legions — everything, now restrains itself and anxiously hopes for just two things: bread and circuses."
Last edited by everything on Mon Aug 19, 2019 1:54 pm, edited 3 times in total.
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Re: Universal Basic Income

Postby Steve James on Mon Aug 19, 2019 2:53 pm

Well, whaddya know, officials at the WH are floating the idea of reducing the payroll tax (to help a weakening economy).
https://www.msn.com/en-us/news/politics ... spartandhp

I bet this will become a campaign promise.
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