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View Diary: Walmart could pay workers $14.89 an hour without raising prices (171 comments)

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  •  I'm always surprised and disappointed... (14+ / 0-)

    ... when a current American company fails to heed the lesson taught by Henry Ford all those years ago, when he instituted the now-legendary $5 per day wage for his workers, more then DOUBLING the prevailing $2.34 /day wage level.

    History has shown that HIGHER wages paid to workers translates into MORE economic activity and growth.

    Sadly, the "nouveau American riche", those who comprise the leaders of the "new gilded age 2.0" have only been indoctrinated with the Gordon Gekko theory - "Greed Is Good".

    As we can plainly see, no, it's not...

    (I bet Sam Walton is spinning in his grave)

    America's LAST HOPE: vote the GOP OUT in 2014 elections. MAKE them LOSE the House Majority and reduce their numbers in the Senate. Democrats move America forward - Republicans take us backward and are KILLING OUR NATION!

    by dagnome on Tue Nov 19, 2013 at 09:07:39 AM PST

    •  Please stop using Henry Ford as an example of an (0+ / 0-)

      "enlightened" capitalist.  Apart from being an appalingly horrific anti-Semite and de facto supporter of Hitler, the man micro-scrutinized his workers' lives to an astronomically totalitarian degree, as this diary shows.

      "Fordism" was a prelude for fascism.

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