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.

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"Morbidly Wealthy": The world’s five richest men have more than doubled their fortunes from $405b to $869b since 2020—at a rate of $14m/hr—while nearly five billion people have been made poorer (sh.itjust.works)

submitted 10 months ago by [email protected] to c/[email protected]

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Source: Oxfam

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[–] [email protected] -4 points 10 months ago (1 children)

Remember, any time you see this headline, they're cherrypicking the date to after the richest men lost 50% of their wealth in the Stock collapse immediately after covid/lockdowns hit.

[–] [email protected] 2 points 10 months ago (1 children)

I wanted to check this. It's not true. At the start of 2020 he had about 25 Billion Net worth. It has gone up as much as 350 Billion in late 2021 and is at 227 Billion as of now. I included a graph that showed the progress untill mid 2023. So no. No cherrypicking.

[–] [email protected] 0 points 10 months ago (1 children)

You can even see the dip in Elon's networth in 2020 in this chart lol If they had started 1 month earlier, Elons net worth would have only 3x instead they cherry picked a date after Elon's networth had halved, so instead it 6x'ed.

[–] [email protected] 1 points 10 months ago* (last edited 10 months ago) (1 children)

I don't see it. Like, honestly, I can't see it. If you zoom in you can see months and years.

The major dip I see in 2020 was from around 50 billion in Feb to 25 billion in April.

His net worth right now is 227.8 Billion (the graph ends in early 2023)

So it's either 9 x higher if you take the 25 Billion or about 4.5 times higher if you take the 50 Billion. So they took the highest number.

What are you on about mate?

[–] [email protected] 0 points 10 months ago

I don’t see it. Like, honestly, I can’t see it. If you zoom in you can see months and years.

The major dip I see in 2020 was from around 50 billion in Feb to 25 billion in April.

Hey! You found when they cherry picked the dates for this headline! Congrats!