Is Raising the Minimum Wage Really Helping the Working Poor?

[kyleb]

The first thing the new owners did was get rid of the profit sharing...

Not surprising. The very concept of sharing evokes images of Soviet Russia for some people, for some strange reason or another.

Within 2 yrs the company... was out of buisiness.

Not surprising either.

 

[Jasongreat]

Not surprising. The very concept of sharing evokes images of Soviet Russia for some people, for some strange reason or another.

It wasnt sharing it was earning, two completely different concepts IMHO.

 

[kyleb]

It was profit sharing, which while far from communism, is still too close for the comfort of some.

 

[mheslep]

It was profit sharing, which while far from communism, is still too close for the comfort of some.

Profit sharing in the form of, say, dividends on stocks is commonplace in capitalist systems. There are many other forms of profit sharing. I'm unfamiliar with anyone calling such not 'far from communism'.

 

[Evo]

Locked pending moderation.