Walter Williams' concept of conservative management has been revealed in his Wednesday column "In greed I will place my trust." "click here" By exploiting workers unprotected by any kind of minimum wage law or union protection "people trying to get as much as they can for themselves" could earn greater profits by hiring someone to do the job of a protected "worker for only a fraction of the wage." In the column Mr. W referenced statements by southern congressmen back in 1931 such as "That contractor has cheap colored labor that he transports, and puts them in cabins, and it is labor of that sort that is in competition with white labor throughout the country."
In Walt's work world he would repeal the minimum wage law, pass legislation to disband unions, offer no benefits and have a total at-will labor market so that people trying to get as much as they can for themselves would not have to pay a living wage or offer any benefits to their workers.
His conclusion is "There are many examples from around the world of how people have used legal and extralegal means to thwart people trying to get more for themselves, or what I like to call greed."
The conservative business management theory.
The Liberalator
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"The Democrats have moved to the right, and the right has moved into a mental hospital." - Bill Maher
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"The Democrats have moved to the right, and the right has moved into a mental hospital." - Bill Maher
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"The city is crowded my friends are away and I'm on my own
It's too hot to handle so I gotta get up and go
It's a cruel ... cruel summer"
It's too hot to handle so I gotta get up and go
It's a cruel ... cruel summer"
Thursday, January 12, 2012
Conservative Management Theory
Posted by The Liberalator at 2:15 PM
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