Saturday, December 11, 2021

Let's hear it for companies.

 

Companies do a lot of good in America.  Many of us are employed by companies, paid by companies, given free health insurance by our companies, while the company is supplying product or services or entertainment to the most of us at attractive prices.  In America the streets are paved with gold the saying goes, and it is companies that do the paving.  Since the companies are owned, either by their stock holders or outright by their founders, or the children of the founders, the owners take home a generous, not to say outrageous, portion of the company’s earnings.  Far more than the average worker.

  Naturally, the various governments in America, federal, state, and local often do things helpful to companies on the theory that companies do a lot of good and need support.  Lefties hate companies and want to take every opportunity to tax them, regulate them, sue them, and make life difficult for them.  Only the fact that the company’s employees support their company and promise retribution at the polls (We will remember in November) keeps the lefties in check. 

   Lefties get their ideas from Karl Marx, who advocated getting rid of private property and having the government own “the means of production” and pay everyone a fair wage. By which Marx meant everyone got the same wage, from the new hires sweeping the floor, to the manager of the business.  And government got to install the managers, government bureaucrats to a man, who were not very good at running a business.  Dickering with suppliers for best price, hiring and firing, appointing people to important offices, setting prices, reviewing advertising, all those management things. 

   In America, we came up with a better way share out the profits of companies.  We invented labor unions.  The unions would negotiate for better wages and benefits, with the threat of a strike to back up their positions at the bargaining table.  Non union industries mostly pay union scale so that they can stay non union.  Management at every company I ever worked for would do almost anything to stay non union. 

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