Current Events > Turns out the government isn't who takes most the money from your paycheck

(+) Yeah! (+)

who the hell makes charts like that

What am I looking at a cartoon whale?

Cool, just develop and market your own product, then you can pocket it all. Easy.

Giant whale consuming the productivity

"You can be the company that hires people and takes all their productivity and pays them little! STOP COMPLAINING!"

Welcome to humanity circa 3,500 BC to 2022 AD

It seems to be pointing out that your work earns the company more than they are paying you to do the work, which, no fucking shit

"sorry but you just aren't that valuable, you don't get a raise. also you need to work even harder now for the same pay."

Something something jealous something something entitled something something lazy something something job creators.

I saw a video that made a great point.

Working your butt off 40 hours a week just for your income to be swallowed up whole by rent and other living expenses isn't a reward.

In a society that values financial gain over personal fulfillment, that's very not good.

it isn't about reward, it is holding your existence hostage

"Freedom"

Working your butt off 40 hours a week just for your income to be swallowed up whole by rent and other living expenses isn't a reward.

I agree. But for society to work the way we have it today we need people to do things like build bridges, collect trash, ring up your order at McDonalds, etc. Is 40 hours a lot? Yeah, And maybe we could reduce that. But we will ALWAYS be wage slaves because if we weren't we wouldn't have society.

All corporate profit is wage theft

I would absolutely love to know how someone calculated "average worker productivity" and came up with $133K per person.

Thanks for this chart format, I hate it

they should be paid a lot more is the point

total company revenue / total number of employees?

Welcome to humanity circa 3,500 BC to 2022 AD

growth of profit and wages decoupled in 1980, around the time that developing economies industrialized and low/moderate skilled labor was offshored; also around the time reagan took over

I would absolutely love to know how someone calculated "average worker productivity" and came up with $133K per person.

yea infact worker productivity is up every year and is some crazy number like 300% higher than back in the 70s or something

but wages are almost identical

People at point A had the highest real income growth: some 80 percent during the twenty-year period. Growth was high, however, not just for those near the median but for a broad swath of people, ranging from those around the 40th global percentile to those around the 60th. This is, of course, one-fifth of the world population. Who are the people in this group, the obvious beneficiaries of globalization? In nine out of ten cases, they are people from the emerging Asian economies, predominantly China, but also India, Thailand, Vietnam, and Indonesia. They are not the richest people in these countries, because the rich are placed higher in the global income distribution (that is, more to the right in the graph). They are the people around the middle of the distributions in their own countries, and in the world, too.

In the same way that China dominates at point A, so do the United States, Japan, and Germany dominate at point B. People at point B generally belong to the lower halves of their countries income distributions For simplicity, these people may be called the lower middle class of the rich world. And they are certainly not the winners of globalization.

What am I looking at a cartoon whale?

How in the hell is that supposed to be read??

If wages had kept up even marginally, the economy and work force would be so much better off and this would benefit companies as well.

If wages had kept up even marginally, the economy and work force would be so much better off and this would benefit companies as well.

This is the part I don't understand. Long-term for both corporations and the economy it is better if workers are paid better wages.