Work Reform

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A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.

Our Philosophies:

All workers must be paid a living wage for their labor.
Income inequality is the main cause of lower living standards.
Workers must join together and fight back for what is rightfully theirs.
We must not be divided and conquered. Workers gain the most when they focus on unifying issues.

Our Goals

Higher wages for underpaid workers.
Better worker representation, including but not limited to unions.
Better and fewer working hours.
Stimulating a massive wave of worker organizing in the United States and beyond.
Organizing and supporting political causes and campaigns that put workers first.

founded 2 years ago

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Richest 1% own more than 40% of country's wealth: Report (www.livemint.com)

submitted 10 months ago by i_have_no_enemies to c/workreform

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[–] shalafi 0 points 10 months ago* (last edited 10 months ago) (1 children)

If we took that wealth and magically allocated it to 700 million people, inflation would explode. Had this argument back in the day with a friend.

Mike finds out that the US government shreds worn out paper currency. Mike is outraged, wants to know why that money can't be given out, wants to know why the government can't just give us $1,000,000 each. Tried to explain it like this:

"Of course they can! You know I have a little lawn business? I charge $20 to mow your lawn. If I suddenly had $1,000,000, fuck do I care about $20? Now I'm charging $10,000 to mow your lawn or it isn't worth my time."

Mike did not get it.

I'm not so concerned with billionaire's dollar value. At that level of wealth, we're not talking about liquid assets we can take and spread around. Also, money is not a zero-sum game. Wealth is created and destroyed constantly, mostly created. People often imagine wealth like water molecules, i.e., they think there is a finite number. Both things are created and destroyed. As to wealth, fuck me, wealth creation exploded over the last century, for the whole planet. There are fewer people living in poverty than ever, and there's more of us.

The concerning thing is the outsized influence these few people have, your 21 people. Classic reddit post on that:

https://old.reddit.com/r/AskReddit/comments/2s9u0s/what_do_insanely_wealthy_people_buy_that_ordinary/cnnmca8/

That's scary as hell if you think on it.

EDIT: My 8th grade teacher told us (early 80s), as an example of corruption, that 20% of Mexicans owned 80% of the wealth. LMFAO! I wish America was only that corrupt.

[–] i_have_no_enemies -1 points 9 months ago

so what can we do to fix this? more billionares?