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Something something far-left
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this post was submitted on 15 May 2025
1240 points (99.4% liked)
Work Reform
12586 readers
105 users here now
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
MODERATORS
Yeah you're right, the shareholders really have my best interests at heart!
Thankfully in this case I AM THE SHAREHOLDER.
no ur not 🤦
your government is
how about you tell me right now what a shareholder is because it really seems like you don't know
the shareholders only care about themselves, but the system that they collectively create through mutual competition and distrust for each other provides (ideally) cheap and (ideally) high quality products for the costumer. Why isn't this the case irl? Not enough competition, which the govt can safely encourage with antitrust laws.
Price - Cost = Profit
Shareholders take their cut from the Profit side. Under the capitalistic owner-worker relationship, workers take their cut from the Cost portion. Customers want to minimize the price.
The shareholders and the workers are directly in conflict, and the shareholders are the only ones who get to appoint the board of directors. Shareholders want to maximize Profit, which means they want Price to be as high as the market can bear, and Cost (including workers wages) to be as low as the market can bear.
This directly, mathematically, incentivizes shareholders make things worse for workers and customers, and then roll those profits into the next business venture. Clever lawyers can justify their Cost by saving bigger Costs, as can lobbyists. Heck, if you're clever enough you can get legislation drafted to specifically target your competitors. Every antitrust law just invents a new fun little puzzle for clever lawyers.
The difference between a government and a company, is that I can vote out the greedy people in my government. I can't vote out greedy shareholders. Both will eventually become corrupt, but only one is built with countermeasures.