- Banned
- #101
Why don't labor pools start the companies? I know some do, but it is rare. How come it's mostly a capital investment by an individual or perhaps a few and then the wage labor thinks they have some right to the business earnings? They don't. They have the right to receive the wage they signed onto through the employer/employee contract. that is all. They have no other right to any profit beyond that.
You may as well ask why the investors don't work on the line to support their investment?
The company makes a profit due to a combination of effort. Some monetary, some through labor.
Neither can work without the other.
What happens when a company decides to downsize its workforce and then make the employees work more to cover the deficit, while the investors reap the rewards? (which happens all the time nowadays)
What happens when a company starts cutting worker hours so that they can avoid paying health care costs that the employees had every expectation of receiving when they signed on, and the investors reap the rewards?
Finally, what happens when a vulture capitalist essentially steals 300+ million dollars worth of "restructuring fees" from Hostess, and then lets the company go bankrupt, defaulting on all the money that company owes in pension costs?
The investors DON'T have a right to profit from fucking their workers over. But that's what's been happening every single day in America, thanks to attitudes like you just expressed.
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