It’s the inherent flaw in capitalism that explains why wages are so behind on inflation

Discussion in 'Economy' started by Billy000, Sep 13, 2019 at 9:43 PM.

  1. Billy000
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    Billy000 Democratic Socialist

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    No, I don’t want to abolish capitalism - I just want to make it benefit the workers a hell of a lot more than it is doing now. Productivity in the workforce has skyrocketed yet wages have remained mostly stagnant for the poor and middle class and WAY behind on the cost of living rise.

    The reason why workers get fucked to begin with is because corporations have a fiduciary compulsion to maximize profit. They do this, in part, by minimizing how much they invest in labor.

    When it comes to a corporation like Wal-Mart, for instance, they ask the question “how much can we pay our workers that will make the job attractive just enough for people to apply but not too much that it’s unnecessary for the sake of store profit? Obviously we aren’t actually concerned whether someone could live off the wage full time.”
     
  2. Dont Taz Me Bro
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    Dont Taz Me Bro USMB Mod Staff Member Gold Supporting Member Supporting Member

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    Yes you do
     
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  3. Billy000
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    Billy000 Democratic Socialist

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    I don’t understand how you can be so dense lol
     
  4. Dont Taz Me Bro
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    Dont Taz Me Bro USMB Mod Staff Member Gold Supporting Member Supporting Member

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    Hi, Pot. Meet Kettle.
     
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  5. Billy000
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    Billy000 Democratic Socialist

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    So why wouldn’t I just explicitly say I want to abolish capitalism? What is stopping me exactly?
     
  6. Oddball
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    Oddball Unobtanium Member Supporting Member

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    Common, garden variety progressive dishonesty....It's what you do.
     
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  7. Billy000
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    Billy000 Democratic Socialist

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    Lol so out of all the progressive positions I vocally support on here, I am for some reason compelled to keep this a secret?
     
  8. baileyn45
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    baileyn45 Platinum Member

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    A bit simplistic, no? in a global economy it gets a bit more complicated.
     
  9. Billy000
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    Billy000 Democratic Socialist

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    What is more complicated exactly?
     
  10. Blackrook
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    Blackrook Gold Member

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    Wages are behind inflation in America because the elites who control our nation want it that way.

    They make sure there's lots of competition from immigrants and workers in foreign countries so Americans can barely make do.
     

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