A Quote by Kenneth Rogoff
Workers are not being exploited. But if their share of growth doesn't increase, this could be a potential cause of social tension worldwide.
Related Quotes
We began to temper Western democracy with what I'd call a social contract. We put in Social Security, graduated income tax, workers' compensation. We developed strong unions to negotiate with business owners so workers got an equitable share of the profits.
Marx's theory that only capitalists benefit from capitalism and workers are exploited was completely wrong. Nothing could have been further from the truth. Workers earned more as economies grew.
European-style interventions to which the Obama administration is inclined will not make America more competitive in the world-wide economy. Such policies will not increase growth, will not decrease unemployment, and will not increase wages for workers.
The Palestinian cause is not a cause for Palestinians only, but a cause for every revolutionary, wherever he is, as a cause of the exploited and oppressed masses in our era.
All the cops are just workers for the one percent, and they don't even realize they're being exploited.
If you're a poor worker - this is for new workers coming into the workplace - your benefits will increase at the current rate of increase. If you're a wealthier worker, your benefits would increase at the rate of inflation. And those changes would affect positively the unfunded liabilities inherent in Social Security.
I don't think the potential for comics in nonfiction has been exploited nearly as much as it could be.
To the extent that our workers compete with low-paid Mexicans, it is as much through undocumented immigration as trade. This pattern threatens low-paid, low-skill U.S. workers. The combination of domestic reforms and NAFTA-related growth in Mexico will keep more Mexicans at home. It is likely that a reduction in immigration will increase the real wages of low-skilled urban and rural workers in the United States.
By welcoming eager, talented workers, we expand America's potential for growth, and our competitive culture of invention and possibility.
We have a lot of employers who are looking for skilled workers and not being able to find them. And we have workers who lack the requisite skills to access these good-paying jobs in high growth industries.
Non-violent direct action seeks to create such a crisis and establish such creative tension that a community that has constantly refused to negotiate is forced to confront the issue. It seeks so to dramatize the issue that it can no longer be ignored... I am not afraid of the word tension. I have earnestly worked and preached against violent tension, and there is a type of constructive tension that is necessary for growth.
When illegal labor is used, that almost always depresses wages paid to all workers. The illegal workers can be exploited, and they will usually accept lower wages. As a result, all workers in the plant, including U.S. citizens, will see their wages go down.
A person looking after a frail former lover is not working and not contributing to economic growth. But if he or she stopped, the state would probably have to take over, thereby adding to growth. So, to increase growth, we should stop looking after our loved ones. Could anybody explain to a passing Martian how this makes sense?
Countries with fiscal space should invest in physical and social infrastructure to raise potential growth.
When the Industrial Revolution of the nineteenth century brought a rapid increase in wealth, the demand of workers for a fair share of the wealth they were creating was conceded only after riots and strikes.
Harman International's dedication to research and development, as well as its strict adherence to quality manufacturing, are well known throughout the corporate world. The opportunity to lead a company with such high standards, worldwide reputation, and outstanding growth potential is extremely appealing.
Related Authors
Allen W. Wood Quotes
American
Professor
Clayton Christensen Quotes
American
Professor
Glenn Reynolds Quotes
American
Professor
Gordon S. Wood Quotes
American
Professor
Jeffrey Pfeffer Quotes
American
Professor
Jerry A. Coyne Quotes
American
Professor
Michael Hudson Quotes
American
Professor
Richard A. Falk Quotes
American
Professor
Robert S. Kaplan Quotes
American
Professor
Ruth Simmons Quotes
American
Professor
Seyyed Hossein Nasr Quotes
Iranian
Professor