General Discussion
Showing Original Post only (View all)When Worker Productivity Goes Up & Worker Pay Goes Down - That Is Wealth Redistribution [View all]
The U. S. is a capitalist nation and our wealth primarily flows through our national "market place". Who ends up with that wealth is an unambiguous result of how that wealth is distributed. When corporations generate more money than they need to operate, decisions must be made where to allocate those surplus fiscal resources. They can go toward upgrading facilities, toward research, toward marketing, toward employee compensation, or toward owner profits. These are conscious choices.
The hands that guide that distribution are not some invisible unseen market force. They belong to managers and owners and corporate boards. They belong to the one percent and to their most trusted agents. Together they have directed a massive redistribution of American wealth away from middle class Americans to the wealthiest among us. When both worker productivity and corporate profits rise while the income of the average American family falls, that isn't preordained and blameless. It is the ownership class in America furthering its own interests by redistributing the fruits of the American economy disproportionately into their own pockets simply because they can, and they are counting on no one stopping them. That's why they want a smaller government, and that's why they are willing to invest heavily in the political process in order to buy one.
We know wealth redistribution in America. It is the class warfare that most of us currently are losing.