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

Billy000

Democratic Socialist
Nov 10, 2011
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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.”
 
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.”
A bit simplistic, no? in a global economy it gets a bit more complicated.
 
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.”
A bit simplistic, no? in a global economy it gets a bit more complicated.
What is more complicated exactly?
 
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.”
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.
 
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.”

Cool. I thought it was technology, globalization, immigration, over-population, and the left's push for high taxes and poor.
 
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.”
A bit simplistic, no? in a global economy it gets a bit more complicated.
What is more complicated exactly?
It's not the "flaw" of capitalism, it's the reality of capitalism. Whether you or I like to admit it, we are in a global competition.Our costs are higher that the rest of the world.
 
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.”
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.
Who, exactly, are these elites? You do know that they can’t “make do” if the economy that supports them is in shambles. The value of the dollar still matters.
 
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.”
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.
Who, exactly, are these elites? You do know that they can’t “make do” if the economy that supports them is in shambles. The value of the dollar still matters.
The elites include you, every time you hire an illegal alien to mow your lawn or clean your house.

Every time you buy clothes, you benefit from the cheap labor of Chinese workers.

Every time you eat at a restaurant. you pay less because an illegal alien is cooking the food and bussing the tables.
 
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.”
A bit simplistic, no? in a global economy it gets a bit more complicated.
What is more complicated exactly?
It's not the "flaw" of capitalism, it's the reality of capitalism. Whether you or I like to admit it, we are in a global competition.Our costs are higher that the rest of the world.
I’m still at a loss on the point you are trying to make.
 
I have yet to see any Democrat successfully explain how Capitalism is else that their Socialist alternative, that is 'Venezuela'.

AOC confessed herself that one of the cornerstones in the Socialist Eutopia vision she is pushing, the Green New Deal, would add over $100 Trillion in debt and would economically collapse the United States before we ever got to succeeding.


.
 
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.”

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

Wages aren't "so behind on inflation".
 
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.”


So, what is your fix?
 
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.”

Companies are terrified to hire full time employees and have been since 2010. Raise minimum wage if you want. People will still need two jobs. The solution is increasing the EITC and paying it out on a monthly basis instead of during tax season.
 

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