Profits are not what make wages go down. Profits make wages go up, because then more gets invested and capital competes for labor. We are also in a decade sinc

Profits are not what make wages go down. Profits make wages go up, because then more gets invested and capital competes for labor. We are also in a decade since the recession of record profits, but that might not be so in the next decade or so (from a macro perspective). Putting a ceiling on profits will not raise wages.