Post A7RvUVKe0Mfng5aTaa by NatashaRomanoff@democracy.town
(DIR) More posts by NatashaRomanoff@democracy.town
(DIR) Post #A7Rd98xQCQix1oOEJk by TonyStark@democracy.town
2021-05-20T13:11:29Z
0 likes, 1 repeats
Since I keep hearing Republicans tell this same lie, no, a small amount of additional unemployment isn't keeping people from taking work right now. Employers are seeing a shortage of labor for jobs that don't pay a living wage. That's not a fault of the workers. It's exactly the free market as capitalism designed it.The free market as envisioned by capitalists says that employees are free to choose whatever job they want and if a job doesn't pay enough, people won't take the job. Sounds like the market needs to adapt to the demands of the workers for fair pay.Wages are historically low. Corporate profits, on the other hand, have been rising rapidly and now make up a larger share of G.D.P. than in previous decades.Want workers? Raise wages. Provide benefits. Problem solved.Is the U.S. suffering from a labor shortage? If so, capitalism has an answer.https://nyti.ms/2SUDm15
(DIR) Post #A7RvUVKe0Mfng5aTaa by NatashaRomanoff@democracy.town
2021-05-20T18:01:17Z
1 likes, 1 repeats
@TonyStark What Republicans and a lot of corporations apparently want is something more like socialism for people and corporate entities who already have money and capitalism for those who don't.