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Maybe cut profits? Give each employee an extra hundred bucks per month. It's good for the worker, good for the poor folks who still keep the low prices and th
by state_less 10y ago
Maybe cut profits? Give each employee an extra hundred bucks per month. It's good for the worker, good for the poor folks who still keep the low prices and the wealthy folks are still making a profit, granted a smaller one. We needn't be so concerned about a handful of rich folks. They'll continue to make more than is necessary, even for a luxurious lifestyle. Replace those ridiculous mega yachts with regular yachts.
Alternatively, we keep it as is and more and more people's labor goes to zero (eg. driverless cars). One way or another, the wealth needs to flow to the people or there will be unrest. With unrest, people may elect someone with radical changes in mind and then you really won't like your situation (eg. a fascist government like Russia where the top guy simply takes your stuff on behalf of the people - but the people never actually see a dime of it). A little course correction here to balance things out will go a long way to keeping the social fabric together.
- spc476 10y agoFrom http://corporate.walmart.com/newsroom/company-facts http://corporate.walmart.com/newsroom/company-facts (straight from the mouth, as it were) and ignoring shareholders for a moment, WalMart employs 2.3 million people. They also reported $10.4 (American) billion in profits. That works out to $376.81 per worker per month. So it seems possible to give each worker an extra $100/month. But now you have to sell this to the shareholders, which may include institutional investors managing retirement accounts. Good luck figuring out that mess.