A Quote by Barney Frank
In this view, the role of the great majority of Americans is simply to buy the products produced, work happily for their wages, and leave all of the significant economic decisions to the capitalists.
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I have had the view that cutting wages is not the path to prosperity, and one of the great myths propagated about my attitude to industrial relations is that I believe in lower wages. I've never believed in lower wages. Never. Never believed in lower wages, I've never believed in lower wages as an economic instrument.
What made women's labour particularly attractive to the capitalists was not only its lower price but also the greater submissiveness of women. The capitalists speculate on the two following factors: the female worker must be paid as poorly as possible and the competition of female labour must be employed to lower the wages of male workers as much as possible. In the same manner the capitalists use child labour to depress women's wages and the work of machines to depress all human labour.
Medical care is one of the only sectors in which Americans are asked to make significant, long-term decisions without knowing the exact price of those decisions up front. Americans deserve to make informed decisions about their medical options.
There must be a major economic recovery package which puts Americans to work at decent wages.
Many Americans are feeling, you know, shut out, shut down, the great recession hasn't ended for too many Americans, wages are flat, families are struggling, not enough new jobs, or new businesses are being created, and it's important that we all try to figure out what we're going to do, and that's what I've done my entire life, fighting for a higher minimum wage, or family leave, now paid family leave which I believe in, equal pay for equal work.
The Reichswirtschaftsministerium ('Reich Ministry of Economic Affairs') tells the shop managers what and how to produce, at what prices and from whom to buy, at what prices and to whom to sell. It assigns every worker to his job and fixes his wages. It decrees to whom and on what terms the capitalists must entrust their funds. Market exchange is merely a sham.
The great majority of Americans are suspended between these opposing attitudes. They are uneasy with injustice but unwilling yet to pay a significant price to eradicate it.
The vast majority of a significant portion of Americans of Hispanic descent will vote - happen to be working class people who are desperate to not only achieve the American dream but leave their kids better off than themselves.
When we hear (as we sometimes do) that (Russia's) economic output is about half the level of a decade ago or that real incomes have fallen sharply, it is worth recalling that economic statistics under the Soviet Union were hardly more reliable than any other official statements. Moreover, a country that produces what no one wants to buy, and whose workers receive wages that they cannot use to buy goods they want, is hardly in the best of economic health.
Tony Blair made decisions on what he thought was best for the people of Great Britain, and I made decisions on what I thought was best for Americans. And I really don't view our relationship as one of quid pro quo. I view our relationship as one of strong allies and friends working together for the common good.
From the point of view of the employer, it is in any case simply an item of cost, to be reduced to a minimum if it cannot be eliminated altogether, say, by automation. From the point of view of the workman, it is a "disutility"; to work is to make a sacrifice of one's leisure and comfort, and wages are a kind of compensation for the sacrifice.
Well, I'm a daughter of the great migration as, really, the majority of African Americans that you meet in the north and west are products of the great migration. It's that massive. Many of us owe our very existence to the fact that people migrated.
First of all, the majority of us, regardless of what we may say, are capitalists. That is, we practice it, it's what we "do," it's how we live, we are capitalists.
We need economic policies in the U.S. that produce jobs, first of all, but good jobs, second of all. Believe it or not, Germany, a country characterized by high wages, strong unions, a social safety net, and so forth is the second largest exporter (after China) in the world. The idea that the only way to succeed is by eliminating vacations, sick days, worker protections, and so forth is simply belied by the competitiveness rankings produced by the Economist magazine's intelligence unit and by the World Economic Forum.
You can be obsessed with makeup and hair products and, you know, your appearance and still be absolutely making smart life decisions and work on your smarts, develop your smarts by studying something like math. Then you'll make much better decisions on the brands of clothing that you buy or whatever it is that you want.
Cities are responsible for the vast majority of the creation of the economy. They're also places into which we pour the vast majority of resources, the vast majority of energy and the places where a huge percentage of the decisions about how systems are built and how products designed, etc., happen.
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