3 ms·
No they cut wages because the pandemic provided the excuse that permitted them to do so. They'd be terrible capitalists if they are paying people more then the
by kristopolous 5y ago
No they cut wages because the pandemic provided the excuse that permitted them to do so.
They'd be terrible capitalists if they are paying people more then they had to.
The wage difference is a function of power asymmetry, it's not the employer trying to do some kind of syndicalist wealth redistribution
Many companies profits went up, yet they still slashed compensation. Well some of that profit was because they slashed.