LogFAQs > #878293875

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Topic"Labor is being paid first again. Shareholders get leftovers"
g980
05/01/17 9:28:28 PM
#48:


wow that's an incredibly smug article, I personally hate the author. "This good event that happened naturally within a system I dislike somehow proves the system is bad" ???

if the workers had the political capital to swing this then good on them

I think it's misleading to say that this is paying labor before investors
Labor is *always* paid before shareholders/lenders
but since shareholders are taking on actual risk in the business, why shouldn't they be entitled to corresponding profits?

Balrog your stats on investing seem suspect. Household income of under $75k is on the ass end of middle class, of course they aren't investing.


All that said it was probably a smart move to keep wages competitive regardless of anything else
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