
Originally Posted by
Monky
I read the article in full and I'm still wondering howTF he plans on getting the ceo's to agree to cut their profit margin. He certainly does not mention that he is willing to lose out of his own pocket his '1,000 times median income' that he currently makes. Where does he think this magic increase will come from and what is he doing to address his and corporate greed across the board. The billionaires aren't going to give out of their own pocket. Prices will rise and the new $15/hr minimum wage when adjusted for the new cost of living will simply be the same poverty level it is now.
I hate corporations who have billions and don't invest in the betterment of their employees. It is however never going to change as long as those in charge want to keep their own bottom line high and keep their investors happy.
Should walmart (since it was an example) accept a $10 billion loss on profit, simply by paying it's employees more? Name a single one of their board... Or stock holders would accept a change in their dividends and paycheck.
It's feel good bs. Would I love it to happen? For companies sitting on billions to take care of those in the trenches... Yes. It just will never happen. Ever.
Sent by a free-range electronic weasel, with no sense of personal space.