this post was submitted on 31 Aug 2023
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[–] NOT_RICK@lemmy.world 128 points 1 year ago (18 children)

Henry Ford may have been a prick, but even he had the common sense to realize paying your workers enough to buy your products was mutually beneficial. All this wealth hoarding going on serves nobody but the ultra rich that are simply addicted to watching numbers go up.

[–] Poggervania@kbin.social 57 points 1 year ago (3 children)

Which is why I’m hesitant to actually call those greedy fucks “capitalists”, because they’re the very antithesis of capitalism. They literally break the system for their own benefit, and thanks to US politicians to being corrupt enough to allow themselves to be bought out for a few bucks from said greedy fucks, nobody in power is incentivized to actually do something.

Capitalism works with money flowing constantly, and it needs that to work well. When you have some Warren Buffet and Elongated Muskrat kind of people just hoarding wealth… well, you get the shitshow that is the the US today. $300B circulating in the system would be awesome, and I would think that is a good indicator of a healthy economy; but when $300B is pretty much tied to one person, then congrats, we missed the point of capitalism.

[–] Wogi@lemmy.world 40 points 1 year ago

The only goal of capitalism is to raise capital. Any method that raises capital is as valid as any other. The working class people are essentially just a bank to draw capital from, nothing more. Not to them anyway.

Anything else they told you about capitalism in school was bullshit. It does one thing. Increase capital through any means.

There is a logical end point where the working class can keep no capital for themselves, and produce it until they die. And what happens when there's no more shareholder value to extract from the working class I wonder?

That's why we call it "late stage" capitalism.

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[–] TenderfootGungi@lemmy.world 17 points 1 year ago

No. He did it because turnover was so insane it was cheaper to raise pay.

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[–] hogunner@lemmy.world 100 points 1 year ago* (last edited 1 year ago) (5 children)

Underpaid employees: Corporations are going to fix this problem they created by paying employees their share of record profits?

Corporations: No, not like that!

[–] phoneymouse@lemmy.world 61 points 1 year ago (9 children)

Profits are unpaid wages, change my mind.

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[–] theodewere@kbin.social 9 points 1 year ago

wait, you mean the Trump Tax Cuts haven't trickled down to workers? well what in the Wide Wide World of Sports is a going on here?

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[–] Fades@lemmy.world 79 points 1 year ago* (last edited 1 year ago) (2 children)

How about we STOP TIEING ESSENTIAL FUCKING SERVICES TO OUR CORPORATE FUCKING OVERLORDS.

Jfc

[–] Hazdaz@lemmy.world 23 points 1 year ago (8 children)

We tried to de-couple healthcare from employment about a decade ago, and all the support for some form of universal healthcare seemed to vanish overnight as the general population fell for corporate propaganda and right-wing scare tactics.

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[–] gun@lemmy.ml 59 points 1 year ago (4 children)

This strikes me as a "you will own nothing and be happy" solution. Instead of paying workers a fair wage so they can put something into savings for a rainy day, you will be at the mercy of your employer for support.

This seems to be the trend. In the future, you will have most of your needs at least met, but not through your own means, because you will have no means whatsoever. You will not be able to take care of yourself without your corporation parent. This is a very coercive situation.

[–] FlyingSquid@lemmy.world 14 points 1 year ago (1 children)

I'm not doing well healthwise right now and my employers told me that they were concerned about my health and I could take as many unpaid sick days as I want.

[–] sturmblast@lemmy.world 10 points 1 year ago

America's attitude towards healthcare is completely backasswards

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[–] Speculater@lemmy.world 48 points 1 year ago* (last edited 1 year ago) (22 children)

And those of us who have it relatively easy, have to live with the guilt of telling all our family members no all the fucking time.

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[–] Okay6120@lemmy.world 46 points 1 year ago (1 children)

Please tell me the TDLR is a pizza party!

[–] affiliate@lemmy.world 12 points 1 year ago

this would be very helpful during the times where the $500 emergency is the need for a pizza party

[–] Naja_Kaouthia@lemmy.world 42 points 1 year ago (5 children)

Me, looking at a $500 dentist bill for a crown because teeth are luxury bones: Yeah…..fuck.

[–] IMongoose@lemmy.world 8 points 1 year ago (1 children)

I had a root canal and crown, $2k. I'm financing a tooth now.

[–] Drusas@kbin.social 7 points 1 year ago (1 children)

Worse: I had a root canal done years ago. Then I found out, after the tooth broke, that the root canal was done incorrectly and the tooth needed to be removed. I had to pay for the root canal and to fix the tooth and to have it removed. Fucking dentists, man.

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[–] kautau@lemmy.world 39 points 1 year ago* (last edited 1 year ago)

The first change made it so employees may save up to $2,500 in after-tax money in a separate account alongside their retirement accounts. Workers would potentially be automatically enrolled in the programs, which would defer the money automatically through payroll deductions.

Read: banks lobby to get money automatically deposited into their specific accounts so they can generate interest from it the employees will never see, and make it more difficult for employees to actually get their money

[–] AllonzeeLV@lemmy.world 36 points 1 year ago* (last edited 1 year ago)

Ah yes, the time proven effective strategy to get the poor back on board the against-their-own-interests train:

"Unchecked Capitalism will save you from the problems that Unchecked Capitalism directly caused!" 🤣

If that sounds reasonable, here's a solution for climate change: lets double the amount of carbon shit we're pumping into the air. Fuck it, double or nothing!

[–] Strangle@lemmy.world 31 points 1 year ago (3 children)

Fuck employers, everything is TOO FUCKING EXPENSIVE

[–] w00tabaga@lemm.ee 16 points 1 year ago (12 children)

Wage increases are getting blown out of the water by inflation and cost of living. Everyone is really starting to feel that pinch. So naturally now is when the feds decide to unfreeze school loans. Really telling of how out of touch our government is

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[–] foggy@lemmy.world 7 points 1 year ago

Oh, uh, there were hurricanes.

Supply chain.

You understand.

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[–] space@lemmy.dbzer0.com 20 points 1 year ago (1 children)

63% of workers unable to pay a $500 emergency expense, survey finds. How employers may help change that

They will make it 83%

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[–] Chetzemoka@kbin.social 18 points 1 year ago (3 children)

It's also pretty hard when the corporations you work for aren't interested in paying you what you're worth. People need and deserve better wages

[–] noride@lemm.ee 17 points 1 year ago (5 children)

Corporations literally cannot pay you what you're worth. The very nature of capitalism requires exploitation. For capitalism to function, there must be an inequity between a worker's true value, i.e. their productive output, and their cost. The system is literally designed to fuck you over from the top down.

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[–] TacoNissan@lemmy.zip 12 points 1 year ago

Of course I know this. It's me

[–] TokenBoomer@lemmy.world 12 points 1 year ago

Pizza party in the conference room.

[–] verdantbanana@lemmy.world 11 points 1 year ago

people will worry so much about this but will elect the same people over and over again to lead based on shirt color just because they change the shirt to red or blue same clothing factory

maybe younger people from a new political party might be able to help or rioting in the streets or something

[–] Semi-Hemi-Demigod@kbin.social 8 points 1 year ago

I'm very fortunate to finally be able to cover a major expense like that. Nothing like going to the hospital, but if I needed new tires I wouldn't be completely broke.

It's a strange feeling.

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