unions

1701 readers

193 users here now

a community focused on union news, info, discussion, etc

Friends:

founded 2 years ago

MODERATORS

[email protected]

124

Missing: Employee Wages (sh.itjust.works)

submitted 4 weeks ago by [email protected] to c/[email protected]

4 comments fedilink hide all child comments

https://kolektiva.social/@MikeDunnAuthor/113549887746172011

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 7 points 4 weeks ago (1 children)

I wonder what would happen to the economy if the hourly compensation growth for everyone would be equal to (or at least close to) the productivity. Would that mean that everything would just get more expensive alongside it? Or would it lead to an economy where you have a big middle class?

[–] [email protected] 0 points 4 weeks ago

As raising the minimum wage showed - nothing.

There are far more impacting things on prices than wages. Mostly outsourcing and absolute removal of quality of products. Also massive surveillance.