this post was submitted on 08 Oct 2024
192 points (99.5% liked)

unions

1321 readers
58 users here now

founded 1 year ago
MODERATORS
cyu@sh.itjust.works
192
Australia: "Our society has dealt with significant advances in technology and productivity before and the lesson is that those gains must be reflected in wages, or the social contract will break" (www.ragtrader.com.au)
submitted 3 days ago by cyu@sh.itjust.works to c/unions@sh.itjust.works
6 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] showmeyourkizinti@startrek.website 10 points 3 days ago

Low paid workers have demands put on the scarce resource that is wages. If the wages go up, they spend that money in ways that increase productivity.

  • THIS!!

Seriously giving poor people more money does more for the economy than any tax cut.