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Unions and worker ownership can help make a company actually consider the workers rather than just profit. In the US the balance has gone so far in the directio
by maym86 8y ago
Unions and worker ownership can help make a company actually consider the workers rather than just profit. In the US the balance has gone so far in the direction of treating low wage workers as disposable resources that any step to improve worker power is a good thing. Even if this bill passes the system would still favour the owners but there could be a little more consideration of the employees.
The profit comes from the labour of people who work for the company. Any profit it makes is the difference between what their true labour is worth and what they are paid. So unless the owners are adding billions in value by themselves they are paying people less than the true value of their work.
The extent at which this happens is where some ethical issues lie. If you keep wages low while making large profit there is a point of view that you are ripping off your workers and hopefully an extra voice at the top of the company can help here and emphasize some more consideration of worker needs.