[lbo-talk] No raise/dividend/bonus policy?

[socialismorbarbarism]

Sandy Harris: "Suppose some industry wants government protection--
quotas on low-cost imports, high tariffs, ... -- or government
subsidies -- loans, tax breaks, whatever... As long as the protection
is in place it becomes illegal for anyone in the industry to give any
worker a raise, ..."

I don't get it.

So... in your scheme, not only are public subsidies directed to
capitalists' enterprises (a normal affair, of course), but the state
becomes the enforcer of wage suppression across the industry? This is
a good idea... how? How, under any scenario, are workers not worse
off?

On Sat, Apr 24, 2010 at 8:40 PM, Sandy Harris <sandyinchina at gmail.com> wrote:
> I read something a couple of decades back, not now sure where, that
> seemed to me to make sense. I thought I'd throw it out here; see if
....