6 Quotes Tagged: wages

Real wages have been declining for twenty years. People are working harder, they have to work longer hours, they have less security things are just looking bad for a lot of people, especially young people. I mean, very few people expect the future for their children to be anything like what they had, and entry-level wages in the United States have just declined radically in the last fifteen years-for instance, wages you get for your first job after high school are now down 30 percent for males and 18 percent for females over 1980, and that just kind of changes your picture of life.

The collectivists say, 'To each according to his deeds'; or, in other terms, according to his share of services rendered to society. They think it expedient to put this principle into practice, as soon as the social revolution will have made all instruments of production common property. But we think that if the social revolution had the misfortune of proclaiming such a principle, it would mean its necessary failure; it would mean leaving the social problem, which past centuries have burdened us with, unsolved.

Of course, in a society like ours, in which the more a man works the less he is remunerated, this principle, at first sight, may appear to be a yearning for justice. But in reality it is only the perpetuation of injustice. It was by proclaiming this principle that wagedom began, to end in the glaring inequalities and all the abominations of present society; because, from the moment work done began to be appraised in currency, or in any other form of wage, the day it was agreed upon that man would only receive the wage he should be able to secure to himself, the whole history of a state-aided capitalist society was as good as written; it was contained in germ in this principle.

In another thirty to fifty years, the demand for cheap labor will have produced even more machines over the employment of actual humans. And in that time frame, humans will have lost their voice, their power, all freedoms, and all worth. It is inevitable that machines will one day become the ultimate enemies of mankind. We are not evolving or progressing with our technology, only regressing. Technology is our friend today, but will be our enemy in the future.

What with the doctrines that are now widely accepted and the policies accordingly expected from the monetary authorities, there can be little doubt that current union policies must lead to continuous and progressive infl ation. The chief reason for this is that the dominant “fullemployment” doctrines explicitly relieve the unions of the responsibility for any unemployment and place the duty of preserving full employment on the monetary and fiscal authorities. The only way in which the latter can prevent union policy from producing unemployment is, however, to counter through inflation whatever excessive rises in real wages unions tend to cause.

How long will it be necessary to pay City men so entirely out of proportion to what other servants of society commonly receive for performing social services not less useful or difficult?

Certainly, the Negro has been deprived. Few people consider the fact that, in addition to being enslaved for two centuries, the Negro was, during all those years, robbed of the wages of his toil. No amount of gold could provide an adequate compensation for the exploitation and humiliation of the Negro in America down through the centuries. Not all the wealth of this affluent society could meet the bill. Yet a price can be placed on unpaid wages. The ancient common law has always provided a remedy for the appropriation of the labor of one human being by another. This law should be made to apply for American Negroes. The payment should be in the form of a massive program by the government of special, compensatory measures which could be regarded as a settlement in accordance with the accepted practice of common law. Such measures would certainly be less expensive than any computation based on two centuries of unpaid wages and accumulated interest.