Brutal Truth - Most Workers Will Not Make Living Wage. New Corporate Model. Profits Are King.

[TheMastersNemesis]

The real brutal truth that no on is talking about is that most workers will have to just be glad to have any kind of work. The new business model is that profit is king and "doing more with little" and cutting all costs for that profit is the 21st century model. The new capitalism will NOT create enough jobs for everyone and has no intention of doing so.

Workers are being deceived and led around by the nose. The meme that manufacturing is not coming back should be a notice that we are in a job stagnation domain now that benefits corporation directly. Massive competition and over population means that wages and benefits can be kept to a bare minimum because the most desperate workers will take anything.

The "task rabbit'" or "Uber" economy is one sign of where things are going for workers. And wealth inequality will only increase over time. Keeping the peasants confused and in disarray and insecure virtually guarantees the present status quo. Working class Americans are being sold that they will be rich eventually and that entrepreneurship and starting you own business is the model for most workers now.

Workers are being sold on the idea that business has NO responsibility except creating profit. There is no social responsibility or social contract and government need to get out of the way and let the capitalistic system work. Add to that meme that workers who do not make it are just lazy or incompetent. Survival of the economic fittest is the propaganda pushed out 24/7.

[elleng]

1. thus guaranteeing a continued supply of aggrieved workers and voters,

feeding into 'radical' approaches on both (or more) sides. Welcome to the 21st century.

[Turbineguy]

2. This was the model that worked so well in France and Russia.

Well, until the revolution anyway. There is no guarantee for the oligarchs that the "workers" will just keep shooting each other.

[Fred Drum]

7. revolution, thats funny

there would never be an american revolution.

the populace is too fat and dumb.

feel free to post any evidence to the contrary

[Hekate]

3. Dubya's administration tossed us back a full century, as I observed at the time.

Wages, unions, workplace safety, food and drug laws, you name it. Back to the glorious Gilded Age of the Robber Barons. Back to children working in cotton mills and coal mines.

It's not new at all. It's old. Back to the good old days.

[Recursion]

4. Wages are probably the wrong model going forward; we need a social dividend

At least in the long term I don't see a way to sustain wages as the way people get their money.

[white_wolf]

6. The thing is I'm not sure labor will be necessary going forward...

automation will make most work obsolete..I wouldn't be surprised if "skilled professions" such as doctors or lawyers are one day automated. And then what? Society as a whole will have to decide how we want to organize our economy. I'm not sure capitalism is sustainable in such a system.

[pansypoo53219]

5. 'greed is good'. crapitalism.

[Lorien]

8. Interesting fact; Darwin never used the phrase "survival of the fittest"

he said that in animal societies, which all higher order primates (and many other mammals, birds and fish) are members of, it's survival of the most cooperative. Rugged individualism and Randian objectivism is suicidal in a meerkat society, a dolphin society, a bonobo society, and in OUR society. You can't defy nature in this regard.

We've stupidly set laws that make it illegal for corporations to take any steps at all that don't increase value for stockholders. Even if those steps don't COST stockholders, if they don't increase stock prices, they can't be implemented. This has to change. Obviously there's only one candidate, Bernie, who would ever confront this issue. For the rest it will just be "business as usual": less for us, more for them.