The State of the Unions, Labor Day 2024
Submitted 2 months ago by return2ozma@lemmy.world to workreform@lemmy.world
https://prospect.org/labor/2024-09-02-state-of-the-unions-labor-day-2024/
Submitted 2 months ago by return2ozma@lemmy.world to workreform@lemmy.world
https://prospect.org/labor/2024-09-02-state-of-the-unions-labor-day-2024/
TheDemonBuer@lemmy.world 2 months ago
Every corporation should have a worker advocate, a consumer advocate, and a community advocate on their board of directors. It is ridiculous that only the investors get to make the decisions, currently. Investors only care about one thing: maximum return on their investment. They don’t care how the company is run, they don’t care how many employees get laid off, they don’t care if the company is benefiting the community, they just want the value of their shares in the company to go up, and/or to receive the highest possible dividends at the end of the year. They want passive income, they want the value of their asset to go up so they will be wealthier. That’s it. It’s unacceptable that only the investors are given a vote, and that others, who are also deeply affected by how the company operates, don’t.