5 ms·
Or you could do either of: 3. massive bonuses for execs and wage increases for white-collar workers 4. stock buybacks and dividends to directly distribute pro
by peer2pay 5y ago
Or you could do either of:
3. massive bonuses for execs and wage increases for white-collar workers
4. stock buybacks and dividends to directly distribute profits to shareholders
Let’s not pretend that both of these don’t happen at the cost of regular employees.
- megaman821 5y agoEven if this were true, it provides little in the way of an explanation. Why do 10s of thousands of companies across hundreds of industries pay their regular employees a small fraction of their worth? What is stopping someone else from coming along and paying them a larger fraction of their worth?
- chewzerita 5y ago> Why do companies pay their regular employees a small fraction of their worth? A dead German economist might have an answer for you ;)
- megaman821 5y agoI am not sure Marx has much to say on why a person earning $100/hr for a company and being paid $10/hr wouldn't have his earnings potential stolen by another company willing to pay him $20/hr. $90/hr of profit is great but $80/hr in my pocket is better.