The news reports and protests about income disparity seem to have died down quite a bit. I think those discussions are very important.
There will always be income disparities between CEOs and the regular workers and there should be since the CEOs are in charge of companies that need to make money to stay in business.
My problem with income is not so much the disparity as it is the way things have been going for decades.
We see news reports and hear politicians speaking about the United States worker being the most productive in the world and I believe that. We get reports about how much more efficient and productive workers have become. All very true. My question is, if workers are more productive and more efficient it means that they produce more in a shorter period of time or with fewer resources. That is a very good thing. So why the HELL have salaries been going down??
We are a capitalist country and I fully believe in capitalism but the capitalism that made this country great through the 60s, 70s and 80s was stakeholder capitalism where the company, the employees, the customer and the stockholders were equally important.
Today we live in a world of shareholder capitalism where the stockholder is king and everything else gets thrown under the bus to make sure that they get returns on their money with percentage rates that were unheard of in years past except by loan sharks and organized crime.
I have no problem with profits. Not even with huge profits but I believe that is time that corporations start looking around and rewarding the little guy that does the grunt work and makes everything possible.
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