Can you refer to any empirical evidence into overpayment? There is analysis into discrimination and white male nepotism in order to increase underpayment for other workers. Is that what you're referring to?
Clearly the nature of labour economics is beyond your approach. Use of hierarchy is alien to division of labour criteria. Human resource management, rather than economic efficiency conditions, dictate labour outcome.
So you are, in fact, advocating for aggression against the person and property of your fellow man. Double-plus un-nice.
Capitalism is not in crisis because very few nations including the USA are no longer capitalist. The USA is an oligarchy, rich businesses are in bed with the govt. That's not capitalism or free markets.
Influence costs are a key aspect of economic analysis. To say that their existence is inconsistent with capitalism is not credible.
I keep seeing this ploy from those who want to obscure the crisis and its cause, and yet retain capitalism. And it's a crock. Oligarchy is a political structure and as Marx said, politics rise and form in service to the economic base. The economy is an oligopoly. And that is a form of advanced, decaying capitalism. It remains private ownership for private profit. And it's the accumulation of profit that is the whole problem, -not the name you give it.
I am in favor of what actually serves the people. And rather than start from features and strategies like market manipulation or advertising strategies or taxation, I start from the economy. Under capitalism or oligopoly or whatever you may call what we have, all features and strategies are designed to serve the top capitalists or some sector of capitalists. I thought you would know my answer to such a question by now.
I see no other means of accomplishing what Kode suggests other than by force of a supranational entity.
Since when was that a prime criteria of American politics today? Non-violent coercion is even more wicked. One can be coerced to live one's life in abject-poverty by refusing you the helping-hand you need to get the hell out. Namely a free education that permits you to get a decent job at a decent payscale ...
That's your interpretation to suit yourself. Aggression would mean to physically take control of government, round up all billionaires and have them shot. (Which is what the Russian communists more or less did in 1917.) No, I am suggesting that the American people wake-up to an economic system that is grossly unfair due to extremely low upper-income levels of taxation. Where the hell were you taught that for upper-incomes "the sky's the limit!" The sky is NOT THE LIMIT - not whilst 45 million American men, women and children must eke out a living in abject poverty. (But you don't give a damn about that sad fact, do you? In fact, you could care less about Income Fairness.) Of course, if American voters were sick enough to elect Donald Dork, then he's what they deserve. Except for this tiny fact: Donald Dork actually lost the popular-vote election. (He may be your president, but he aint mine.) It is by the wickedness of an American political system wrongly devised at the onset of the nation that today its economic unfairness prevails. GET RID OF THE ELECTORAL COLLEGE. IT SERVES ONLY ONE PURPOSE: TO MANIPULATE THE POPULAR-VOTE!!! Only then will America become a True Democracy ...
I find a lot of weaklings do. Which is kind of why they are at the bottom end of the economic system in the first place. A thick, weak, useless bloke is threatening to steal my stuff. If he can get out of bed in time. Hold down a job long enough to buy a gun or spend the next 10 years in iron disciplined kung fu practise without leaving the comfort of the chair in his mothers house.. How I quake with fear. And here we have the angry revolutionaries themselves. The 99%. Powerfully reclaiming the wealth of the planet for their own.
After providing them with 12 years of basic education for free and then expecting them to take some personal responsibility for their own life. How cruel and inhumane.
It's child care. Parents want time off. (12 years in school that is, not policeman lovingly applying face paints at Occupy Wall Street).
I don't think a lot of the internet warriors around here even know what abject poverty is. It doesn't involve having a cell phone...