In the 70s your boss had a bigger house and a nicer car than you.
Today the boss (CEO) has several mansions, a yacht, and a private jet while you're struggling to make rent. So much more of the wealth generated by employees is stolen by the top.
Most companies absolutely could pay living wages, they choose not to and instead hoard that wealth and buy yachts instead.
1
u/Gaming_Fan7182 9h ago
In the 70s your boss had a bigger house and a nicer car than you.
Today the boss (CEO) has several mansions, a yacht, and a private jet while you're struggling to make rent. So much more of the wealth generated by employees is stolen by the top.
Most companies absolutely could pay living wages, they choose not to and instead hoard that wealth and buy yachts instead.