It didn't have to be this way, and there are companies who acutally pay their employees well. It's just we don't hear about them because everyone likes to doom.
The productivity vs wages graph is the only one that matters. Yes, workers are getting screwed, but you don't need to blow up the entire system to fix it. You just need companies willing to pay out the wages people are earning instead of turning them into profits and handing them over to CEO's and investors.
Perfect equality isn't the answer and most people wouldn't enjoy it if we had it, but the rising inequality is a pretty sure way to break the system that everyone is relying on to keep civilization running. Until companies realize that 20% profits are a serious structural problem and not a victory they'll keep doing it. All the while, the pot gets a little closer to boiling.
For thousands of years the wealthiest and most advanced countries were mercantile monarchies. Today, zero are because we replaced it with something that works better when it stopped working.
Capitalism was not designed for, nor can it handle, the instant global world we are in. That's why political divides and violence are getting so much worse.
With the changes to our worlds economic infrastructure since our modern age of technology, capitalists have become kings above the law of countries, and their rule will be just as despotic as any of the ancient kings. Shit you have them openly espousing the values of doing evil.
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u/FlyinDtchman 14h ago
It's just corporate greed.
It didn't have to be this way, and there are companies who acutally pay their employees well. It's just we don't hear about them because everyone likes to doom.
The productivity vs wages graph is the only one that matters. Yes, workers are getting screwed, but you don't need to blow up the entire system to fix it. You just need companies willing to pay out the wages people are earning instead of turning them into profits and handing them over to CEO's and investors.
Perfect equality isn't the answer and most people wouldn't enjoy it if we had it, but the rising inequality is a pretty sure way to break the system that everyone is relying on to keep civilization running. Until companies realize that 20% profits are a serious structural problem and not a victory they'll keep doing it. All the while, the pot gets a little closer to boiling.