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There are Minimum Wages, Why Not a Maximum Wage?
(www.counterpunch.org)
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this post was submitted on 01 Nov 2024
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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.
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Billionaires mean that workers are exploited and underpaid somewhere in the chain. Support for billionaires means support for exploitation and resource extraction from actual workers (and the government initiatives and representatives they pay for).
Their money doesn't come from nowhere, it comes from us. It comes from income taxes spent on subsidies, it comes from stock dividends paid for by mass layoffs, it comes from not having to pay a commensurate fine when hundreds of thousands of gallons of pollutants leak into the water we drink and fish in.
"Absolutely supporting billionaires" is a decidedly uninformed position.
In a very real sense the money doesn't even exist. It's the worth of their holdings.... Which for some reason they can often borrow against... that adds the extra 2 or 3 zeros.
Yeah, that's why I specifically mentioned dividends. A lot of executives are also paid bonuses on their salaries based on stock performance, so they can "double dip" in these cases too. This is on top of lobbying for deregulation.
Must be great to not have to worry about money and be able to simply fire other people if it ever becomes a concern; it just further goes to show that these people don't actually add value to even their own companies.