An underpaid man is a customer reduced in purchasing power. He cannot buy. Business depression is caused by weakened purchasing power. Purchasing power is weakened by uncertainty or insufficiency of income. The cure of business depression is through purchasing power, and the source of purchasing power is wages.
If a parsley farmer is sued, can they garnish his wages?
My message is that the counterclaim - which is that if wages go up, employment will go down - is a scam. It's a con job. It's an intimidation tactic. There is absolutely no evidence anywhere that it's true. On the contrary, where you find high wages you usually find low unemployment.
While prices of goods continue to rise, American worker's wages remain stagnant.
This is a sensible response to employer concerns that the minimum wage is starting to have a damaging impact on competitiveness.
Median wages of production workers, who comprise 80 percent of the workforce, haven't risen in 30 years, adjusted for inflation.
End up blowing all of his wages for the week, all for a cuddle and a peck on the cheek.
No sooner is the exploitation of the labourer by the manufacturer, so far, at an end, that he receives his wages in cash, than he is set upon by the other portions of the bourgeoisie, the landlord, the shopkeeper, the pawnbroker, etc.
Your praises will become your wages.
Sin has the devil for its father, shame for its companion, and death for its wages.
Mere inflation-that is, the mere issuance of more money, with the consequence of higher wages and prices-may look like the creation of more demand. But in terms of the actual production and exchange of real things it is not.
As it becomes more and more difficult to get land, so will the virtual enslavement of the laboring-classe s go on. As the value of land rises, more and more of the earnings of labor will be demanded for the use of land, until finally nothing is left to laborers but the wages of slavery -- a bare living.
Care work is still primarily done by women for free in families and for poverty wages in the market, and this is a major reason that worldwide women are the mass of the poor and the poorest of the poor.
The wages of sin are the hardest debts on earth to pay, and they are always collected at inconvenient times and unexpected places.
I am now going from a prison to a palace: I have finished my work, and am now going to receive my wages.
If we as a society want to cure unemployment, raise real wages, and in other ways improve our economy, we will base public policy on private property rights, the non-aggression principle and the law of free association. In the free and prosperous society, everyone may do precisely as he pleases, provided only that he does not initiate violence against non-aggressors.
It stands to reason: Higher wages means higher loyalty and morale, which means higher productivity, which means a more profitable business.
But no customer is going to buy based on their existing wage structure.
A thought crossed his mind: How do you make poor people feel wealthy when wages are stagnant? You give them cheap loans.
How do leaders serve their people? They may pay good wages and treat employees with respect.