DeereMann
Platinum Member
The business cycle has come full circle back to the days of the robber barons..... Andrew Carnegie building "free" libraries at the end of his life to assuage his guilty conscience for slave wages he paid at his steel mills. John D. Rockefeller handing out dimes to orhpaned children in the streets of New York City for the same reason.
Only Henry Ford had the audacity to pay his workers a living wage so "they could afford to buy the products they made". He seemed to be the only one of the barons that got the bigger picture of life. Then he got too stubborn to evolve his vehicles fast enough & almost went out of business.
The hoarding of wealth is a serious & negative mental issue for these barons that decreases the quality of life for millions. Government-backed global competition has added to the burden. It seems we are powerless to fight, but at least there are sparks of recognition such as the "Occupy" movement, and "Pay a Living Wage" movement. Hopefully it is the start of larger things.
I fear a return to the bloody, anarchist days of the 20's & 30's for the same causes.
Only Henry Ford had the audacity to pay his workers a living wage so "they could afford to buy the products they made". He seemed to be the only one of the barons that got the bigger picture of life. Then he got too stubborn to evolve his vehicles fast enough & almost went out of business.
The hoarding of wealth is a serious & negative mental issue for these barons that decreases the quality of life for millions. Government-backed global competition has added to the burden. It seems we are powerless to fight, but at least there are sparks of recognition such as the "Occupy" movement, and "Pay a Living Wage" movement. Hopefully it is the start of larger things.
I fear a return to the bloody, anarchist days of the 20's & 30's for the same causes.