3 ms·
Once you get a step further than that you'll realize that unions are another mechanism used to control labor[0] and that federal reserve policy on down is desig
by willcipriano 3y ago
Once you get a step further than that you'll realize that unions are another mechanism used to control labor[0] and that federal reserve policy on down is designed explicitly to suppress wages[1] so really the only solution is to make politicians fear the people again.
[0]https://www.reuters.com/world/us/biden-signs-bill-block-us-railroad-strike-2022-12-02/ https://www.reuters.com/world/us/biden-signs-bill-block-us-r... (you aren't allowed to strike beacuse it will cost people money)
[1-1]eg. 2% inflation target was originally suggested as it allowed employers to not give raises and lower their employee expenses over time
[1-2]eg. interest rates were only raised once wages started ticking upward after decades of stagnation and decline, inflation in every other area of the marketplace wasn't a concern and you were labeled some sort of "inflation nut" if you mentioned it
[1-3] now consider trade tariffs that encourage firms to offshore, lack of immigration enforcement creating a unlimited supply of low skill labor, use of below minimum wage prison labor to dilute the power of workers not in prison, welfare programs that subsidize low wage workers who otherwise wouldn't be able to afford working for a employer and you start to think this isn't just a happy accident for the capital class that the world is arranged in this very specific way benefitting them.
- kys_now 3y ago[dead]