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Re: Acme Widget Corp.

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Message 121 of 137

@Snoopy48 wrote:

Why do you assume that the only way a person or group of people get involved in a business is through building it from scratch? What is wrong with a bunch of people getting together and purchasing an existing business and then continuing and improving that business as employee-owners?


That's fine. It has happened. I believe the Green Bay Packers have a similar deal with the fans.

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Re: Acme Widget Corp.

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Message 122 of 137

@sp362 wrote:

The issue is the average CEO whose pay is 335 times that of their workers.  They do deserve more, but 335 times is ridiculous.  The top of society are getting ahead at the determent of the average worker and, in the process, destroying the middle class.  That is the problem that needs to be solved.


No, that is your issue. There are others who see such a corporate environment as ideal.

 

As to your issue - fine, how do you fix it?? Shall we have all wages (and prices?) government regulated?

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Re: Acme Widget Corp.

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Message 123 of 137

@jimc91 wrote:

Good one @rk9152, your business model has exposed this board... not many executives here, ya think?

 

Good job!

 

 


Expose who, Rk? wow, don't tell me that this is your first encounter with the Widget corporation. is it?

I have known about the Widget corporation since the 90's this is really old stuff.  Wait, I can probably start googling and find hundreds of examples that blow the Widget corporation out of the water. 
He really need to become more modern and provide examples that are more actual with the present corporations.

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Re: Acme Widget Corp.

749 Views
Message 124 of 137

Good one @rk9152, your business model has exposed this board... not many executives here, ya think?

 

Good job!

 

 

VIMTSTL
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Re: Acme Widget Corp.

756 Views
Message 125 of 137

@rk9152 wrote:

As I was saying…...there are those who see the ideal  industrial situation as composed of “workers’ co-ops” - no “bosses”, no Execs, no shareholders. In other words, no one gaining benefit from the work of the workers except the workers.

 

Let’s see how that would work. Let’s consider the “All American Widget Corp.”. It is a successful niche business provided a constant stream of products wanted by the consumer. It has 200 employees who are well paid but also has those other folks so the workers do not share the total profits, others take some. To have established the “workers’ paradise” the business would have had to start differently than it did with it's founder and investors. Back then, those 200 hundred workers would have had to get together and see the market for widgets and decide to form their co-op. Then they would have needed a factory. So, they would have had to find the needed group of about 75 construction workers of varying skills all banded together with no management. The builders would have to find non-corporate material providers and, for delivery, non-corporate truckers driving non-corporate trucks. Then, of course, the necessary machinery and raw material becomes an issue.

 

Well, two and a half years later, they are up and running and shipping their product off to independent (non-corporate) retailers. And all is well in the workers paradise.


Ya gotta wonder though, during those two and a half years how did they eat and put shoes on their children. And where did they get the money to pay for the factory construction, equipment and supplies?


And all of this was the beginning of the philosophy that actual corporations that have workers, executive boards and CEO's  are the manner in which every society should work. 

because otherwise, we would have the failures that this post wants us to believe.
Oh !!! the actual worker's paradise is the example that he has not shared. 

A company that its workers have the benefits that its Board of Directors feel that they should have. The lack of loyalty that this type of corporation is well known, but, they do expect that loyalty from its workers. 
The CEO that individual that to date is hard to really know what exactly the actually do, to merit the renumeration that they all have.
But of course, any other model of a company that does not include that structure is a failure in their eyes, because, can you imagine what a pleasant place to work it would be if we really provided those workers with the benefits, salaries and the knowledge that what they are producing is part of their own, is their life and their committment to excellence?

Gee I don't think that they could stand that at all.so, now they  created the example of the Widget Corp. to show all of us, how foolish we all are in wanting to actually see anything different.

 

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Re: Acme Widget Corp.

751 Views
Message 126 of 137

@Snoopy48 wrote:

Wrong again. They did not have coops in Soviet Russia. They had places where some people did the work and the overlords took the profits kinda like corporations in this country.



==

My post was meant to be sarcasm. 

The mistake a lot of politicians make is forgetting
they've been appointed but thinking they've been anointed.
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Re: Acme Widget Corp.

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Message 127 of 137

@rk9152 wrote:

As I was saying…...there are those who see the ideal  industrial situation as composed of “workers’ co-ops” - no “bosses”, no Execs, no shareholders. In other words, no one gaining benefit from the work of the workers except the workers.

 

52,

Really? Who are “there are those”?

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Re: Acme Widget Corp.

758 Views
Message 128 of 137

@TxGrandpa2 wrote:

Co-ops have worked well for years all over the country.  When one has "skin in the game," there is motivation to do well.

--

Of course they work....just look how they worked in Soviet Russia, but called collectives there.


Wrong again. They did not have coops in Soviet Russia. They had places where some people did the work and the overlords took the profits kinda like corporations in this country.

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Re: Acme Widget Corp.

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Message 129 of 137

Co-ops have worked well for years all over the country.  When one has "skin in the game," there is motivation to do well.

--

Of course they work....just look how they worked in Soviet Russia, but called collectives there.

The mistake a lot of politicians make is forgetting
they've been appointed but thinking they've been anointed.
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Re: Acme Widget Corp.

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Message 130 of 137

sp362-Wonder if Donald Trump would be willing to do something to scale back those outrageous salaries earned by CEOs?  (Would that be a conflict of interests??)

  (Can't help but wonder at this point how much United Airline's CEO makes per year?) 

You are spot on with regard to the salaries made by CEOs--the golden parachutes are another problem.

 

Gee, I miss having a real President!!
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