That graph is what sold me on the concept of socialism, the only way for everyone to benefit from increased productivity is if everyone has a stake in the means of production.
How about this factoid:
From the invention of agriculture, depending on the fertility of the soil, one farmer could generally sustain 3-5 people.
Today, a single American farmer feeds, on average, 166 people. There are of course nations that don't reach that productivity, as there are some that exceed it, but America takes pride at being the best nation ever so let's look at that a little more.
Somehow, though we do indeed have more flashing lights and cool noises than ever before, that independent farmer is going extinct, and a very large percentage of America in particular and the world at large lives in quiet desperation.
Now why is that, exactly? And why can't that farmer just feed 83 people and not work themselves to death to still barely keep the bank off their back?
And why would they need a subsidy to survive even if they are feeding the full 166?
In case you ever wonder why rural America is getting a "bit mad," maybe think about that a little more.
And maybe start talking to them and offering actual solutions, because right now they're mostly just hearing leftists bitching about ending corn subsidies and taking their guns, and rightoids telling them if they hate the right people it will all work out.
I don't see how this conflicts with what they said at all? Yes, socialism would help the rural population too. Perhaps even more so.
What also is very weird, is the fact, that the entire agriculture industry is only "profitable" because we directly give the farmers money. Which other market is profitable only because of subsidies? This directly kills smaller farms(and this also has an impact on rural areas) and destroys the entire industry.
Stop being so productive.
I'm doing my part! (i say as browsing lemmy at my desk)
He needs to work harder..
on their relationship.
I find it fascinating that we can't seem to track where the money goes... yet we can all see there are more billionaires and multimillionaires than ever.
Such a mystery.... huh
I think profit sharing should be inherent to working.
Every pay cycle, everyone gets their base pay, and then additional compensation is awarded out of half of that cycle's profits, half of that is distributed based on time contributed that cycle and the other half is distributed based on seniority.
The craziest thing is even until the late 1990's even a company like Walmart had profit sharing for employees, and it was pretty nice even for part time workers!
A buddy of mine has a similar setup. He's one of the smart ones so he lives off of his base pay and the profit sharing goes into a brokerage account for retirement/emergencies. However, most of his coworkers live far beyond what the base pay provides and end up in a bad spot when there is a bad quarter.
This would be great if some/all of the profit sharing could go to a tax advantaged retirement account like a 401k, that would make it less likely people would count on it to live. The wealthy have ways to not count a lot of their compensation as taxable wages, the rest of us should have that too.
I mean skipping the tax man at that scale should be heavily discouraged, but putting that money into a retirement fund automatically seems like a smart way to keep people saving.
Time to bring back the unions and un-fuck the system.
I love how the top 3 comments were basically syndicalism. Direct action by unions whether strikes or sabotage, with the goal to bring the means of production and economy into social ownership.
The Capitalist project is to continue paying roughly subsitence wages + treats, while extracting greater and greater profits from the same labor.
What's the answer?
Jack Welch.
Possibly the final nail in the coffin of the gold/silver standards (Aug '71)? I'm not at all saying that we should have stayed on a commodity standard for currency, but switching that completely off without also having sufficient protections for financial shenanigans seems like it would create exactly the kind of increase in inequalities shown.
some say computers/digitalization of work.
Thats why I shit on company time
i bet you could also draw a cool trident if you also overlaid profits or CEO compensation.
Why didn't productivity stay with wages?
#nooneisleftbehind
#wwg1wga
