tag:blogger.com,1999:blog-6643715.post6817212456667565557..comments2023-06-09T12:46:12.932-04:00Comments on The Voice Of One Crying Out In Suburbia: A Quick Economics LessonArthur Sidohttp://www.blogger.com/profile/03848508095612688493noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-6643715.post-64365847497896213742013-12-03T11:04:44.186-05:002013-12-03T11:04:44.186-05:00Melanie, the Bible does indeed have a lot to say a...Melanie, the Bible does indeed have a lot to say about money in general and economics in particular but not really much on how secular businesses run. A worker certainly deserves his wages and the workers at Wal-Mart are paid every nickle they are owed. I would also push back on the idea that a CEO being paid a lot necessarily impoverishes the average worker. Companies don't have a static pool of money to pay people from. If Wal-Mart cut the CEO comp package by 90%, the funds not spent on the CEO would not be divvied up among the average worker. <br /><br />Christians should not chase after wealth and privilege but we also shouldn't be in the business of criticizing secular businesses for what they pay their workers.Arthur Sidohttps://www.blogger.com/profile/03848508095612688493noreply@blogger.comtag:blogger.com,1999:blog-6643715.post-74311357968231312122013-12-03T10:58:47.256-05:002013-12-03T10:58:47.256-05:00Naum, what would the people being paid less than a...Naum, what would the people being paid less than a "living wage" around the world be doing if those apparently unsatisfactory jobs were not there? Subsistence farming? Some other glamorous, high paying job that would be available to them if only they were not making t-shirts for Americans? It is easy to decry the wages paid to low skill workers in other countries, as well as the U.S., but what is the alternative? Arthur Sidohttps://www.blogger.com/profile/03848508095612688493noreply@blogger.comtag:blogger.com,1999:blog-6643715.post-64561884789453676172013-12-02T08:34:38.986-05:002013-12-02T08:34:38.986-05:00sarHere is a short economics lesson from someone w...sarHere is a short economics lesson from someone who took the classes and was appalled that it was assumed I would think it was 'wisdom'. A business earns a pool of money. If they are large, they hire workers to help them do this. The Bible has a lot of things to say about economics but I have heard or seen few Christian men draw on its wisdom except a few offer sound observation on the subject. It has tons of advise and admonitions on economics. For one thing, the Bible says: "the worker deserves his wages." (1 Tim 5:18) Not "The talented worker deserves his wages" or "The CEO who things he deserves more because of his skewed perception of what he does which then impoverishes many deserves his wages." First off, it should be clear that not "all men are created equal" when it comes to the "talents" we appreciate or want to exploit in our economic system. God purposely has it that way to see what we will allow ourselves to do to each other. Do we value a man for his character and virtues displayed in solid work? Or are we interested in only those who abilities dazzle like the mobile over the crib? It seems more and more the latter and indeed, most of what gets produced is collectively called "toys and gadgets" these days. I could write more, but I am not as talented nor precise as this man who captured what the problem is in his book: The Outline of Sanity - http://www.cse.dmu.ac.uk/~mward/gkc/books/Sanity.txt Plus I have to go to work. And after 13 years of schooling and many awards for that schooling along with a strong work ethic, I am earning less than my trash collector. I am not alone. Normally, I am greatly encouraged by what you write, but I think a larger view is called for here.Melanie Reedhttps://www.blogger.com/profile/04375211549503881255noreply@blogger.comtag:blogger.com,1999:blog-6643715.post-32598559818469952012013-12-01T13:36:07.480-05:002013-12-01T13:36:07.480-05:00Says someone ensconced in privilege, due in large ...Says someone ensconced in privilege, due in large part to people (not just in U.S., but all over the globe) paid less than a "living wage"…Naumhttps://www.blogger.com/profile/06741963276339044331noreply@blogger.com