tag:blogger.com,1999:blog-4413935813892441553.post5735833794667184857..comments2024-03-29T00:30:39.262-05:00Comments on real economics: HAWB 1800s - The Doctrine of High Wages - How America Was BuiltJonathan Larsonhttp://www.blogger.com/profile/05217670446743983955noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-4413935813892441553.post-40220367276847175582016-04-01T22:12:50.884-05:002016-04-01T22:12:50.884-05:00I am old enough to remember when enterprises used ...I am old enough to remember when enterprises used to brag about high wages. Perhaps this is partly a function of a Minnesota upbringing—we all had high energy bills because of the climate so there was always a basic understanding that that pay packages had to cover higher costs. These attitudes were pretty common until 1973 or so.<br /><br />I seem to think that this was likely an offshoot of the “just wage” teachings of Christianity. Many of those religious colonies that took to forming some enterprise, like the Amana colony in Iowa, made their goal to share out any prosperity they could muster. Your link to the Tom Wolfe piece on Robert Noyce the other day was about the economic teachings of the Congregationalists. Max Weber made high wages a defining feature of the Protestant Ethic, IIRC. That does NOT mean Protestants couldn’t be disgusting jerks (Cecil Rhodes) but then, he was most certainly not Producer Class.Jonathan Larsonhttps://www.blogger.com/profile/08420484770918616331noreply@blogger.com