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There's a steep decline in pay compared to the value workers add to the economy, closely tracking the fall in union membership. (lemmy.world)

submitted 1 year ago by [email protected] to c/[email protected]

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Join a union➡️

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[-] [email protected] 5 points 1 year ago* (last edited 1 year ago)

CEO have to advertise their pay publicly. This caused the huge increase in their salaries.

If you want pay to go up one of the best things the government can do is force everyone's pay to be public.

Economics works on the assumption all information is available to make rational decisions and this will impact supply and demand.

Edit: there->their

this post was submitted on 13 Aug 2023

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Work Reform

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A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.

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All workers must be paid a living wage for their labor.
Income inequality is the main cause of lower living standards.
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