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There is no reason for this not to happen. US corporations have record revenues/profits, US markets have never been at higher highs...yet the gap between execu

There is no reason for this not to happen. US corporations have record revenues/profits, US markets have never been at higher highs...yet the gap between executive pay and common employee has never been greater, social mobility has never been lower, wages have been stagnant for workers for 30 years. Unfortunately strikes are to little to late...look toward google who fired organizers of the Google worker walkout, the powers that be have to much power, don’t give a shit about legal rights/laws, and know they could replace anyone with unpaid interns if needed because well that’s the state of desperation already.

dfxm12 7y ago
know they could replace anyone with unpaid interns if needed because well that’s the state of desperation already. Is this true, given how low unemployment is? (With respect to Google engineers being in a different situation from supermarket workers, teachers, uber drivers, etc.) I would think workers have more power now than ever in recent memory given low unemployment and the current administration's aversion to immigration. Where are these replacement workers coming from? I disagree that unpaid interns is tenable solution.
jquery 7y ago
> the gap between executive pay and common employee has never been greater This is by design. Meatpackers in America used to make the equivalent of $55/hour with benefits, putting the meatpacker, an otherwise unskilled worker who trained on the job, solidly in the middle class. Capitalists found this wage for unskilled labor to be too expensive and so they shamelessly used the rhetoric of both the Left (diversity!) and Right (free markets!) to their advantage, successfully lobbying to increase the supply of unskilled labor, increasing legal immigration limits and opposing measures that would limit illegal immigration. To a lesser extent this has also happened with skilled labor via the H1-B visa program (among others) and attempts to raise the cap. Zuckerberg doesn't want a higher H1-B cap because he has a huge heart: he wants the increase to reduce his labor costs and thereby increase FB's operating margins.

dfxm12 7y ago

know they could replace anyone with unpaid interns if needed because well that’s the state of desperation already. Is this true, given how low unemployment is? (With respect to Google engineers being in a different situation from supermarket workers, teachers, uber drivers, etc.) I would think workers have more power now than ever in recent memory given low unemployment and the current administration's aversion to immigration. Where are these replacement workers coming from? I disagree that unpaid interns is tenable solution.

jquery 7y ago

> the gap between executive pay and common employee has never been greater This is by design. Meatpackers in America used to make the equivalent of $55/hour with benefits, putting the meatpacker, an otherwise unskilled worker who trained on the job, solidly in the middle class. Capitalists found this wage for unskilled labor to be too expensive and so they shamelessly used the rhetoric of both the Left (diversity!) and Right (free markets!) to their advantage, successfully lobbying to increase the supply of unskilled labor, increasing legal immigration limits and opposing measures that would limit illegal immigration. To a lesser extent this has also happened with skilled labor via the H1-B visa program (among others) and attempts to raise the cap. Zuckerberg doesn't want a higher H1-B cap because he has a huge heart: he wants the increase to reduce his labor costs and thereby increase FB's operating margins.