Quote:
Originally Posted by Osem
Oh my, the usual suspects blindly bashing business again. What a turn up for the books eh?  
How many of them have ever run a business do you reckon? 
Easy to bash shareholders too, when without them there'd be precious little business. Most of us are shareholders directly or indirectly via our pension funds and returns do vary quite a lot but of course the usual suspects ever take note that owning shares is a risky business and the dividend returns are linked to performance and go down as well as up. |
Nobody against shareholders what I am against those who expect dividends to come there way even in downturn. Only way to do so would be to downsize workforce to pay the dividend.
You rightly say its risk so risks it should be if company fails its targets of sales then shareholders should not expect money coming there way.
Priority should be company first, workers pay mean those who make production, shareholders, finally then bosses pay.
Businesses can be run well or run badly I not saying they all bad.
However we seem to gone into global atitude workers are slaves rather valued workers.
Now there many still out there who treat workers fantastic.
What we seeing too much distribution wealth nobody denys rich there deserts but excessive wealth which we seeing globally will kill the economy.
Without people buying goods what will happen stagnation then depression.
The reason why people went to credit as pay freezes pay reductions. Some will say above lifestyle hang on with out that lifestyle economy bombs. So effectively many businesses will goto the wall.
Business need consumers buying goods but those consumers need jobs and real living wage to buy those goods.
Take one out of that circle means death to the economy.
If businesses dont employ enough jobs the government has to prop market with volume puplic sector workers.
If workers paid pittance there not enough disposable cash to buy goods. 1 alternative ie credit by banks loan market the other is government top ups tax credits. Third do nothing leave it rubbish wage.
However for third option you cant have housing utilities sky high. Standard living has to be bombed so there again disposable income to consume goods.
Now you can see we all need each other one becomes greedy bosses, business, shareholders, workers it collapses.
America had it right years ago they got nice balance why they went away from the restricted wealth god knows. It was there most economic upturn from depression.