Posts Tagged ‘employer’

Quentin R. Bufogle: Minimum Wage

Posted by admin on Sunday, January 8, 2023

Meaning of Quentin R. Bufogle Money Quote: saying to leave minimum wage up tp employers means they can pay nothing and enslave employees. Quentin R. Bufogle said:
 
 
minimum wage amount you can be paid determined solely by your employer. before: it was called SLAVERY Quote
 

“To all you who believe we shouldn’t have a minimum wage — that the minimum amount you can be paid should be determined solely by your employer. We tried it once before: it was called SLAVERY” — Quentin R. Bufogle

 

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This quote by Quentin R. Bufogle seems to be drawing a comparison between a lack of minimum wage laws and the historical institution of slavery. Some key points:

  • Without a minimum wage that is legally mandated and enforced, employers would be able to pay workers extremely low wages solely based on their own determination.
  • Bufogle argues this scenario resembles slavery, where slaves had no bargaining power over their compensation and masters could pay them nothing at all or whatever small amount they deemed appropriate with no oversight.
  • Slavery represented an extreme case where the enslaved had no individual rights, agency or ability to change their situation. A lack of minimum wage could move society closer to such a state, according to the quote.

Overall, the quote is suggesting that allowing employers to set any wage they want without restriction, as some argue for, would essentially return the country to conditions similar to slavery by depriving workers of protections and bargaining leverage over their pay. Individual liberty and fairness in the workplace require some minimum standards be set and enforced.

Jack Weatherford: Cash in Relationships

Posted by admin on Thursday, September 8, 2011

Jack Weatherford Money Quotation saying there is no denying that money strongly affects all interpersonal interaction and human social connections. Jack Weatherford said:
 
Money defines relationships among people, not just between customer and merchant in the marketplace or employer and laborer in the workplace Quote
 

Money defines relationships among people, not just between customer and merchant in the marketplace or employer and laborer in the workplace” — Jack Weatherford

 

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In this quote, Jack Weatherford is expanding on his view that money plays a defining role in relationships. The best interpretation is:

  • Weatherford believes money not only shapes relationships between economic actors like customers/merchants and employers/employees, as one might expect.
  • He argues that money also influences relationships among people in general, whether they are interacting in an explicitly economic context or not.
  • Weatherford sees the power of money to define dynamics and introduce complications extending beyond just marketplace and workplace transactions, but also coloring personal interactions and social bonds between individuals wherever they occur.

The overall message is that according to Weatherford, money is deeply ingrained in society and a pervasive factor that can affect the character of relationships between all people on multiple levels, not just in overtly commercial settings. He views monetary influences as woven into the fabric of social interactions in a broad sense.

Henry Ford: Customers Paying Wages

Posted by admin on Thursday, October 14, 2010

Henry Ford Money Quotation saying buyers of goods are those who pay workers their wages, but employers handle the cash. Henry Ford said:
 
It is not the employer who pays the wages. Employers only handle the money. It is the customer who pays the wages Quote
 

“It is not the employer who pays the wages. Employers only handle the money. It is the customer who pays the wages” — Henry Ford

 

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In this quote, Henry Ford is explaining his view that customers, not employers, are ultimately responsible for paying workers’ wages. He argues that while employers directly handle and distribute wage money, it is the paying customers whose purchases generate the revenue for businesses to afford employee salaries.

Ford appears to believe that a company’s ability to pay its workers depends on satisfying customers and earning their continued patronage. The quote conveys Ford’s philosophy that a business’s top priority should be serving customers well in order to maintain the income stream needed to compensate employees over the long run.

Overall, he aims to emphasize the interconnected relationship between customers, employers and workers in the economic system.

Birthday: July 30, 1863 – Death: April 7, 1947

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