zedgeist@lemmy.world to Work Reform@lemmy.world · 4 months agoWhere does the money come from?lemmy.worldimagemessage-square3fedilinkarrow-up111arrow-down10
arrow-up111arrow-down1imageWhere does the money come from?lemmy.worldzedgeist@lemmy.world to Work Reform@lemmy.world · 4 months agomessage-square3fedilink
minus-squareALoafOfBread@lemmy.mllinkfedilinkarrow-up1·edit-24 months agoThe reason for this is pretty simple: necessity. Companies Corporations have a fiduciary duty to maximize profits for shareholders. If no union exists, that means depressing wages as much as possible while meeting staffing needs. If a union is forming, it means spending as much as you need to stop it since, if you don’t, you’ll be unable to depress wages over the long term. When a union exists, well then they have to negotiate to continue operations and so workers get paid more fairly. Join or organize a union if you can.
minus-squarebirdwing@lemmy.blahaj.zonelinkfedilinkarrow-up1·4 months agoOnly public companies have that ‘duty’. Co-ops don’t, their duty is to maximise wellbeing for all workers in them and concurrently society.
minus-squarepucker4676@lemmy.mllinkfedilinkarrow-up1·4 months ago<3 Co-ops. I’m a union member at a co-op. It’s as good as it gets for a working class person in the US. Seeing the light was the beginning of my radicalization. Add a little theory and the great awakening was complete. 🫡
The reason for this is pretty simple: necessity.
CompaniesCorporations have a fiduciary duty to maximize profits for shareholders.If no union exists, that means depressing wages as much as possible while meeting staffing needs.
If a union is forming, it means spending as much as you need to stop it since, if you don’t, you’ll be unable to depress wages over the long term.
When a union exists, well then they have to negotiate to continue operations and so workers get paid more fairly.
Join or organize a union if you can.
Only public companies have that ‘duty’.
Co-ops don’t, their duty is to maximise wellbeing for all workers in them and concurrently society.
<3 Co-ops. I’m a union member at a co-op. It’s as good as it gets for a working class person in the US. Seeing the light was the beginning of my radicalization. Add a little theory and the great awakening was complete. 🫡