2019-02-05 Hour 3 Host Ernest Hancock on Freedom's Phoenix Headline News
Ernest goes over the headline news on Freedom's Phoenix and talks about the news of the day, tech and space travel news, Anarchapulco, how to be a pirate, etc...
Declare Your Independence with Ernest Hancock Radio Show: https://www.freedomsphoenix.com/Program-Page.htm?No=1
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Letters of Marque Paperback
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Letters of Marque Paperback – September 25, 2018
by Marque dePlume (Author)
"The Crown calls it 'piracy' to explore frontiers beyond its grasp. So the time has come to define the conduct among pirates." Captain Marque
http://pirateswithoutborders.com/
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Author: 'Pirates were the millennials of the 18th century'
If entrepreneurs are looking to bring more socially conscious policies to their companies, they may just want to try to “be more pirate,” author Sam Conniff Allende recently told Yahoo Finance’s “On the Move.”
While many of us may have grown up watching the roguish, Captain Jack Sparrow in the “Pirates of the Caribbean” series, Allende said many people don’t realize that pirates implemented “very dynamic and innovative organizational structures.”
Instead of having a stratified pay system like that of today, in which CEOs earn roughly 300 times more than average employees, pirates had a more equitable structure in place, Allende said.
“Pirates were the millennials of the 18th century, average age 28. And they were escaping this really stratified and quite brutal system,” Allende said. “The Royal Navy was the biggest employer in the UK, certainly, at the time and then the Merchant Navy.”
Much like many millennials challenging the status quo in the workplace today, Allende said pirates denounced unfair pay in the shipping industry.
“After the 2008-2009 financial collapse, one of the key recommendations was about checking the disproportionate rate at which CEO salaries were going up, because it helped build this volatility,” he said. “The pirates had this down. There was an upper and lower threshold.”
Allende pointed to historical documents that show that the captain and the doctor on board the pirate ship only made about “two to three times” what the other pirates were making.
“There was transparency all across. There was no gender pay gap with pirates. In fact, there was fair pay across ethnicity, and diversity, and gender,” Allende said. “There were all sorts of innovations taking place. [It was] the first time we saw workplace compensation. If you were to lose a leg on board our ship, that'll be 800 pieces of eight for you, 600 pieces of eight for an arm, and a 850 for an eye.”
VIDEO AND REST OF ARTICLE HERE: https://finance.yahoo.com/news/author-pirates-were-the-millennials-of-the-18th-century-184335410.html
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