Re:America's misguided culture of overwork
by CWuestefeld on Thursday August 26, 2010 @10:33AM
(#1636018)
I really think you ought to read the full article. He addresses all of this directly.
The interesting question is where that money will come from.
That's quite the point. And to the degree that you limit income or profitability, you make it less likely that businesses will take risks.
Founding the next MS might be a little less profitable, ... we can see that Europe ... does not necessarily fit his description of a poor country
He also makes the point that this isn't binary, it's a spectrum. Making things "a little less profitable" makes innovation a little less likely.
Microsoft is quite the counter example: they pay their workers comparatively high wages.
A counter-example of what? I don't see how that relates to the argument at hand. We're discussing systemic inequality of income; the fact that one employer or another has different philosophies of compensation has little effect on the range of incomes through the USA or the world.
The interesting question is where that money will come from.
That's quite the point. And to the degree that you limit income or profitability, you make it less likely that businesses will take risks.
Founding the next MS might be a little less profitable, ... we can see that Europe ... does not necessarily fit his description of a poor country
He also makes the point that this isn't binary, it's a spectrum. Making things "a little less profitable" makes innovation a little less likely.
Microsoft is quite the counter example: they pay their workers comparatively high wages.
A counter-example of what? I don't see how that relates to the argument at hand. We're discussing systemic inequality of income; the fact that one employer or another has different philosophies of compensation has little effect on the range of incomes through the USA or the world.