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.

Our Philosophies:

All workers must be paid a living wage for their labor.
Income inequality is the main cause of lower living standards.
Workers must join together and fight back for what is rightfully theirs.
We must not be divided and conquered. Workers gain the most when they focus on unifying issues.

Our Goals

Higher wages for underpaid workers.
Better worker representation, including but not limited to unions.
Better and fewer working hours.
Stimulating a massive wave of worker organizing in the United States and beyond.
Organizing and supporting political causes and campaigns that put workers first.

founded 1 year ago

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I'm not asking to be rich. (lemmy.world)

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

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[–] [email protected] 1 points 1 year ago* (last edited 1 year ago) (1 children)

NO IT'S NOT, THESE ARE TWO DIFFERENT PHENOMINA.

Diminishing returns: My first dollar buys a loaf of bread necessary for my survival, my millionth buys me 0.01% of a sports car.

Hedonic treadmill: Neither my sports car nor loaves of bread seem as wonderous to me after they've become a part of my routine.

[–] [email protected] 2 points 1 year ago

Not to be contrary, but the last line of the summary in the wiki article is:

The hedonic treadmill viewpoint suggests that wealth does not increase the level of happiness

I would infer from that, that increased wealth has increasingly diminishing returns after a certain point.

I did try to follow the link, but Investopedia broke it on their end and I can't seem to find it (aside: wooof, that is a bad layout). Any good sources for me?