Minimum wage could be different in some parts of Thailand next year

[wolfmanjack]

One you set a minimum rate market forces are no longer in control.

Somewhere down the track, minimum wages or award rates will be more than the market can bear and you have the situation most of the Western faces. It is mute to have the best industrial award rates when that particular industry has collapsed and no longer employs anybody.

If anyone doesn't believe you, direct them to look at France.

I don't.

I did.

I still don't.

In order to promote your failed Communist dogma, you have to be intentionally blind to it defects. I understand you have your mission so I won't try to 'enlighten' you.

I am not promoting communism but any person that thinks market forces will control wages for the betterment of both companies and workers should read up on carnegie steel mill and the problems the USA had with coal mines in the 1800's.

[micmichd]

People that threaten to take off their money from Thailand if laws don't change should be charged with blackmail or expropriated. You're only utterly greedy for profit, that's all. And you don't give a damn about the affordability of the goods that are produced by "your" workers.

An example:

I've got 2 Levi Jeans over here.

One was produced in Thailand, sold in Thailand, good quality and perfect fit, paid 1,900 THB.

The other one was produced in Bangladesh or Cambodia, sold in Germany, bad quality and no fit at all, paid 4,000 THB.

Wages in Cambodia or Bangladesh are lower than in Thailand, yet products from there cost more than twice as ccompared to Thailand.

Up to you to draw your conclusions.

Edited March 14, 2015 by micmichd

[nahkit]

No one is starving because the laissez fair philosophy has been exposed as the lie it was. No one is starving because those who espouse it have, thankfully, largely been marginalised and ignored in the modern age. The state is the reason no one starves, not unfettered capitalism.

Socialists are to blame for the banking crisis? The mortgage scams? The insider dealing that used to occur? Don't think so. That was capitalism.

You want to label me a communist I see in your other post directed towards me? Fine, do so if that means I am the antithesis of the economic model that you espouse. I am not, but if that gives you a crumb of comfort then you cling on to it.

I believe in a just and fair society. I don't subscribe to the idea that all should get the same regardless of their contribution. However I do feel that all should share in success. Yes the employer should make their profit, but the workers should also get their share. they do the work and deserve some of the rewards of success.

However even that it seems is too much for neo liberals.

And during the times when a company is struggling, will the workers then forego the minimum wage and accept less?

[nahkit]

People that threaten to take off their money from Thailand if laws don't change should be charged with blackmail or expropriated. You're only utterly greedy for profit, that's all. And you don't give a damn about the affordability of the goods that are produced by "your" workers.

An example:

I've got 2 Levi Jeans over here.

One was produced in Thailand, sold in Thailand, good quality and perfect fit, paid 1,900 THB.

The other one was produced in Bangladesh or Cambodia, sold in Germany, bad quality and no fit at all, paid 4,000 THB.

Wages in Cambodia or Bangladesh are lower than in Thailand, yet products from there cost more than twice as ccompared to Thailand.

Up to you to draw your conclusions.

Your example is somewhat confusing.

You seem to be saying that the jeans you bought in Thailand are value for money and that the pair bought in Germany are an example of a company that is "greedy for profit" and "don't give a damn about the affordability of their goods".

Only problem is, you are talking about the same company, Levi, in both cases.

Has it occurred to you that Levi jeans made and sold in Thailand would not attract any import tax whereas the ones made in Cambodia and sent to Germany would? Plus the cost of transportation? Plus the wages of German shop-assistants are higher than those in Thailand? The cost of running a shop in Germany would also be higher than Thailand?

Edited March 14, 2015 by nahkit

[Bluespunk]

No one is starving because the laissez fair philosophy has been exposed as the lie it was. No one is starving because those who espouse it have, thankfully, largely been marginalised and ignored in the modern age. The state is the reason no one starves, not unfettered capitalism.

Socialists are to blame for the banking crisis? The mortgage scams? The insider dealing that used to occur? Don't think so. That was capitalism.

You want to label me a communist I see in your other post directed towards me? Fine, do so if that means I am the antithesis of the economic model that you espouse. I am not, but if that gives you a crumb of comfort then you cling on to it.

I believe in a just and fair society. I don't subscribe to the idea that all should get the same regardless of their contribution. However I do feel that all should share in success. Yes the employer should make their profit, but the workers should also get their share. they do the work and deserve some of the rewards of success.

However even that it seems is too much for neo liberals.

And during the times when a company is struggling, will the workers then forego the minimum wage and accept less?

Less than 300 baht?

No.

Just as the employer has the right to expect a minimum profit because of their role in running the company, the workers have a right to expect a minimum wage because of their role.

Edited March 14, 2015 by Bluespunk

[micmichd]

Yes, Levi's in both cases.

Import tax to Germany is 14pct. I bought the Jeans from an online shop in East Germany where they have lower wages. In a West German department store Levi's jeans would have been 48 kb (instead of 40 kb)

Transportation costs from SEA to Germany should not exceed 200 THB (by ship)

So, that doesn't make a difference of more than 100 pct.

Edited March 14, 2015 by micmichd

[Sydebolle]

Fiddling around with wages by the government was always a bad idea. The hospitality industry in Pattaya (I'm talking of hotels and restaurants) saw a salary soar of 39% over the last 4 years (ever since Yingluck launched this vote-populistic "programme").
It's not about the minimum wage but obviously higher paid/skilled staff wanted a similar increase which:
- could not be honoured as the hospitality could not increase the pricing by 20% (based on 50% cost-of-sales based on personnel costs)

- did not increase 1% in the "efficiency output/production" of the existing staff

Bottomline is that everything got more expensive without any other improvement on any other front

[dcsw53]

It could well be if the photo attached to the article is correct. Yes they are 100 notes, but Chinese Yuan not Thai Baht ( CNY currently 1:5.3 THB ).

Or is the government not telling us something ?