Now, wages in the automobile industry are made up of two components, what we call base rates and the cost of living factor which is fed in by the operation of the escalator.
It is not by the absolute quantity of produce obtained by either class, that we can correctly judge of the rate of profit, rent, and wages, but by the quantity of labour required to obtain that produce.
And with the money from your corn, from your rents, and from the issues of pleas in your courts, and from your stock, arrange the expenses of your kitchen and your wines and your wardrobe and the wages of servants, and subtract your stock.
I am now going from a prison to a palace: I have finished my work, and am now going to receive my wages.
The decree of a coercive tribunal would not need to conform to the true standard of wages, the final productivity of social labor. It would introduce into distribution a genuinely arbitrary element, with a very large ultimate power to pervert the natural system.
In addition to joblessness, of course, by the working of supply and demand, when you have a larger number of people unemployed, wages do not rise at the normal level, so that we had last year a drop in real wages.
Hospitals are closing across the country due to the burden of illegal immigration, college students find that summer jobs have dried up due to illegal immigration, and wages across the board are depressed by the overwhelming influx of cheap and illegal labor.
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.
Obviously, people with low or even moderate incomes could not afford such savings rates, and even diligent savings from their low wages would not be enough to pay for either retirement or healthcare.
The fascists in most Latin American countries tell the people that the reason their wages will not buy as much in the way of goods is because of Yankee imperialism. The fascists in Latin America learn to speak and act like natives.
I had watched for many years and seen how a few rich families held much of Argentina’s wealth and power in their hands. So Peron and the government brought in an eight hour working day , sickness pay and fair wages to give poor workers a fair go .
Since Bush has been in office, African-American women have fallen behind in terms of income and wages.
There is one rule for the industrialist and that is: Make the best quality of goods possible at the lowest cost possible, paying the highest wages possible.
The administration is using the devastation of Hurricane Katrina to cut the wages of people desperately trying to rebuild their lives and their communities.
It is fatal for any body of workers to have forever hanging from the fringes of its skirts other bodies on a level just below its own; for that means continual pressure downward, additional difficulty to be overcome in the struggle to maintain reasonable rates of wages.
There never has been a time in our history when work was so abundant or when wages were as high, whether measured by the currency in which they are paid or by their power to supply the necessaries and comforts of life.
Finally, I told them I’d drop out of the management program if they’d give me an entry-level job in the newsroom for union wages, about fifty dollars a week.
If you look at the US economy over the last 15-20 years wages have been stagnating or even declining.
There are 20 million unemployed and what does the Constitution offer us in the Europe of 25, 27 and soon to be 30: policies of unrestricted competition to the detriment of production, wages, research and innovation.
It is probable that for a long time to come the mass of mankind in civilized countries will find it both necessary and advantageous to labor for wages, and to accept the condition of hired laborers.
Many people do not realize that where unions have bargaining rights employers cannot raise wages or improve benefit plans any more than they can reduce them without of the consent of the union.
Certainly other things we can do, we gotta promote after-school employment, give kids an opportunity, raising the minimum wage was part of that, we can’t expect that young people are going to feel they can make a living out there for such low wages.
For a long time many believed that there would be an automatic adjustment and counted on a rapid increase in the wages of the emerging nations, on our advances in technology and the costs of transport preventing disruption. But this reassuring analysis is out of date.
I even believe in helping an employer function more productively. For then, we will have a claim to higher wages, shorter hours, and greater participation in the benefits of running a smooth industrial machine.
It is no longer an unwritten law of American capitalism that industry will attempt to maintain wages at a level that allows a single wage to support a family.
The rise or fall of wages is common to all states of society, whether it be the stationary, the advancing, or the retrograde state.
The more the division of labor and the application of machinery extend, the more does competition extend among the workers, the more do their wages shrink together.
Stopping illegal immigration would mean that wages would have to rise to a level where Americans would want the jobs currently taken by illegal aliens.
Then came a big strike. About 100 girls went out. The result was a victory, which netted us – I mean the girls – $2 increase in our wages on the average.
Keep up hope for a better economy, more jobs, better wages, affordable healthcare and all the issues we have brought into focus.
No one should be so naive as to think that wages among organized groups will not be increased, under pressure if necessary, to make up for increases in the cost-of-living, nor should anyone ordinarily object to such adjustments.
Median wages of production workers, who comprise 80 percent of the workforce, haven’t risen in 30 years, adjusted for inflation.
But a rise in the wages of labour would not equally affect commodities produced with machinery quickly consumed, and commodities produced with machinery slowly consumed.
When in some communities selling drugs is so lucrative that that’s a pretty big enticement that we have to break down. Part of that is by making opportunities and paying decent wages.
The demographic weight of countries such as China and India exercise a massive pressure on our wages and salaries. They have accomplished massive technological advances and the revolution in information technology has reduced the costs of transport.
Since NAFTA was put in place, Mexico has lost 1.9 million jobs and most Mexicans’ real wages have fallen.
I don’t pay good wages because I have a lot of money; I have a lot of money because I pay good wages.
A rise in wages, from an alteration in the value of money, produces a general effect on price, and for that reason it produces no real effect whatever on profits.
The more I see of democracy the more I dislike it. It just brings everything down to the mere vulgar level of wages and prices, electric light and water closets, and nothing else.
President Kennedy understood the importance of equal pay for equal work and signed historic legislation that gave women around the country hope that one day their wages would be on par with that of their male counterparts.
The workingmen have perceived that women are in the field of industry to stay; and they see, too, that there can not be two standards of work and wages for any trade without constant menace to the higher standard.
A study of the history of wages back through the years indicates clearly that when the cost-of-living rises appreciably wages have shortly been adjusted upward also.
In individual industries where female labour pays an important role, any movement advocating better wages, shorter working hours, etc., would not be doomed from the start because of the attitude of those women workers who are not organized.
Around me I saw women overworked and underpaid, doing men’s work at half men’s wages, not because their work was inferior, but because they were women.