461
Bro
(lemmy.ml)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 11 Oct 2023
461 points (84.8% liked)
Microblog Memes
5699 readers
1674 users here now
A place to share screenshots of Microblog posts, whether from Mastodon, tumblr, ~~Twitter~~ X, KBin, Threads or elsewhere.
Created as an evolution of White People Twitter and other tweet-capture subreddits.
Rules:
- Please put at least one word relevant to the post in the post title.
- Be nice.
- No advertising, brand promotion or guerilla marketing.
- Posters are encouraged to link to the toot or tweet etc in the description of posts.
Related communities:
founded 1 year ago
MODERATORS
I mean, you'll never get 100% of the value of your labor unless you freelance or become your own boss, simply because if you did, there would be no incentive for companies to hire you.
No one expects 100% return for labor. They expect fair pay for fair work. The fact is that employee wages have been flat or declining for 50yrs, while productivity has more than doubled and profits gave gone up 5x. Companies are getting 10x out of their workers then they were in the 70s, and paying everyone less.
If the wage line kept going up with the productivity and profit line, people would be chill. When profits go up 23%, exec comp goes up 230% and worker wages go up 2.3%, thats the problem.
I agree with you but I have also seen the prices of the housing market rise while interest rates went down.
Wages can rise or products can become cheaper.
Problem is that resources become scarce. Things out of plastic are cheap. Things out of wood have become much more expensive.