"“Once poverty is gone,"
..we'll need to build museums to display its horrors to future generations. They'll wonder why poverty continued so long in human society - how a few people could live in luxury while billions dwelt in misery, deprivation and despair.”
Muhammad Yunus
No offense to Mr. Yunus, but this is exactly the kind of Utopian thinking that gets millions killed at a time.. And unfortunately - sadly - this the kind of thinking that is being taught now to your children.
I heard yesterday about the CEO of a credit card processing company who decided to pay all of his employees $70 thousand a year. He's cutting his million dollar salary to the same, and using profits to pay those salaries. The average salary before was $48 thousand, so everybody must be ecstatic, right?
Well, except for the people who got huge pay cuts, and who are now making the same amount as new hires, who have no experience and a lot less responsibility..
And people being people, in two years, those who are left will be demanding a raise, because after all, it's been two years, right? Surely they deserve a raise..
But they won't have any trouble hiring new faces, which is good, because all the best and brightest will be leaving as soon as they believe they deserve more than the booger-picking moron that just hired in.
If there is no reward - no incentive to work harder... people won't.
Have we learned NOTHING from the social experiments of Communism and Socialism in the Twentieth Century?? Apparently Mr. Yunus didn't..
The purpose of those living in luxury that Mr. Yunus hates is to inspire the rest of us. Maybe we'll never be billionaires, but I'd rather aim high and fall short, than aim low, and meet my expectations... And in the struggle, the lot of us all is raised.
"“Once poverty is gone,"
..we'll need to build museums to display its horrors to future generations. They'll wonder why poverty continued so long in human society - how a few people could live in luxury while billions dwelt in misery, deprivation and despair.”
Muhammad Yunus
No offense to Mr. Yunus, but this is exactly the kind of Utopian thinking that gets millions killed at a time.. And unfortunately - sadly - this the kind of thinking that is being taught now to your children.
I heard yesterday about the CEO of a credit card processing company who decided to pay all of his employees $70 thousand a year. He's cutting his million dollar salary to the same, and using profits to pay those salaries. The average salary before was $48 thousand, so everybody must be ecstatic, right?
Well, except for the people who got huge pay cuts, and who are now making the same amount as new hires, who have no experience and a lot less responsibility..
And people being people, in two years, those who are left will be demanding a raise, because after all, it's been two years, right? Surely they deserve a raise..
But they won't have any trouble hiring new faces, which is good, because all the best and brightest will be leaving as soon as they believe they deserve more than the booger-picking moron that just hired in.
If there is no reward - no incentive to work harder... people won't.
Have we learned NOTHING from the social experiments of Communism and Socialism in the Twentieth Century?? Apparently Mr. Yunus didn't..
The purpose of those living in luxury that Mr. Yunus hates is to inspire the rest of us. Maybe we'll never be billionaires, but I'd rather aim high and fall short, than aim low, and meet my expectations... And in the struggle, the lot of us all is raised.