Richard Florida Quotes
Increasingly, the most talented and ambitious people need to live in a means metro in order to realize their full economic value.
What his research has shown is that advanced degrees and advanced skills de not enable a person to earn more money in most areas of the nation as it did in 1970. Only in some areas called “means metros” can these skills produce an economic advantage for the worker. So educated and skilled people are abandoning many areas like Detroit or Cleveland for areas like New York City, Seattle or Austin—the means metros.
Richard Florida, Political Scientist & Economist, “Where the Brains Are”, The Atlantic, October 2006
Sourced by: Eigen's Political and Historical Quotations
The good jobs that support middle and upper middle class lifestyles are growing at a lesser rate than the minimum and low wage jobs.
Henry Ford had more than doubled the market wages of workers and shortened the work day. In his young years he hired Negroes to work on the Assembly line with whites. In his older years he would not when he had become a Hitler and Fascist admiring racist. This was of the Black migrations to Detroit to work in the Auto industry. See {642361} for Ford’s wage announcement.
Ironically, Fitzhugh who detested socialism, held this basic socialist principle. His solution however, was that the profits were necessary for society, and therefore slavery was the solution for Blacks AND whites.
While it was true that wages did not increase beyond inflation, the enormous increase in productivity—about a doubling—was not only due to the workers but was also due to the capital investment that the companies made in computers, robots, job restructuring, advanced training, and other management initiatives. Historically, when there are substantial productivity increases, the benefit is shared between the workers and the company as both were necessary to produce the increase in productivity. But since 1980, the workers have not obtained any significant share of the productivity increase.
He did not comment on why women who work overtime and outdoors or nights and weekends on risky jobs make less than the males who do the same.
Observing that creative geniuses such as Benjamin West, Gilbert Stuart and John Copely had gone to Europe to work: Artists and writers
Richard L. Florida is an American urban studies theorist focusing on social and economic theory. He is a professor and head of the Martin Prosperity Institute at the Rotman School of Management at the University of Toronto and a Distinguished Fellow at NYU's School of Professional Studies.
