Open Menu
AllLocalCommunitiesAbout
lotide
AllLocalCommunitiesAbout
Login

Investing in wage suppression

⁨487⁩ ⁨likes⁩

Submitted ⁨⁨22⁩ ⁨hours⁩ ago⁩ by ⁨sanitation@lemmy.today⁩ to ⁨workreform@lemmy.world⁩

https://lemmy.today/pictrs/image/70dd5574-e74f-4d14-a26b-eafa6e23f9d2.jpeg

source

Comments

Sort:hotnewtop
  • fisch@lemmy.world ⁨16⁩ ⁨hours⁩ ago

    The real enemy isn’t the other guy higher up the hierarchy who earns double or triple your salary for his work. It’s the guy who doesn’t need to work at all because he owns the company you both work for. It used to be one fat fuck in a suit and you knew his face, but now these fuckers are in the stock market and each one owns just a share of each company. And they have learned to not show their faces in public.

    source
    • boonhet@lemmy.zip ⁨16⁩ ⁨hours⁩ ago

      It’s mostly owned by boomers and their pensions and 401ks now. As a class they outweigh billionaires 8 to 1 in terms of wealth though of course billionaires are way more active in their enfuckening of the companies they lead.

      source
      • fisch@lemmy.world ⁨13⁩ ⁨hours⁩ ago

        Image

        source
  • arrow74@lemmy.zip ⁨14⁩ ⁨hours⁩ ago

    I’ve been big on Unions, but I’m losing my faith. The AFL-CIO just endorsed the local republican candidate for congress over the democrat.

    I can’t imagine a world where the republican candidate is the better choice. I’m not saying that the dems are great, I remember what Biden did to the rail workers, but Republicans have a long history of union busting

    source
  • dharmacurious@slrpnk.net ⁨17⁩ ⁨hours⁩ ago

    At this point, I kind of wonder if we should just bring back feudalism. At least then I get a house and a patch of land to till, and I only have to give up a portion of it instead of starving while somehow getting fatter because my primary source of calories is processed corn and microplastics :/

    source
    • syklemil@discuss.tchncs.de ⁨16⁩ ⁨hours⁩ ago

      That’s not what you get under feudalism; the industrialisation of agriculture won’t be undone. Look up modern slavery conditions, because that’s what you’ll actually get.

      source
    • anon_8675309@lemmy.world ⁨16⁩ ⁨hours⁩ ago

      Kinda what the tech oligarchs want. They want to break countries like the US into little fiefdoms that they own.

      source
  • PlexSheep@infosec.pub ⁨17⁩ ⁨hours⁩ ago

    Correlation is not causation. Unions are very important but this graph proves nothing.

    source
    • fisch@lemmy.world ⁨16⁩ ⁨hours⁩ ago

      I can think of a pretty clear causal chain that leads from union membership to better wages for the most vulnerable groups and thus to a more balanced wage distribution. You don’t need a degree in economics to understand the connection.

      source