Cethin comments on McDonald’s CEO is grappling with a ‘two-tier economy’ as he slashes prices on value meals—and signals backing for a minimum wage increase

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 3 years ago

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[–] Cethin@lemmy.zip 38 points 1 year ago (2 children)

Yeah, Ford was horrible, but that's one thing that's reasonable about Fordism. He knew that if he payed his employees well enough then they'd have money to spend. I don't know how the idiots who are wealthy today don't get that, but they assume their wealth is infinite and comes from nothing.

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[–] SoftestSapphic@lemmy.world 9 points 1 year ago (1 child)

Seriously, this is Economics 101 shit and everyone in a position of power just pretends it doesn't apply for some dumb ass excuse.

The more money people have, the more they will spend.

The more money spent in an economy, the more things are bought, the more opportunities for others to start businesses and make profit present themselves.

The system works better for everyone when money keeps circulating. That's why UBI is becoming a popular solution to this problem.

The majority of money is stagnant in the US.

It has been siphoned from the working class and is currently kept in the assets of the rich.

And it needs to be redistributed for the system to work well again.

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[–] goatmeal@midwest.social 2 points 1 year ago

It's like the prisoners dilemma. We were top left. Some companies thought they could pay less and still reap the benefits of other employers paying well, now everyone does that we're bottom right

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