General Discussion
In reply to the discussion: what if . . and I know this is crazy but hear me out . . what if corporations are controlling more and more [View all]Lonestarblue
(13,462 posts)Theyre the ones with money for lobbyists and big donations to politicians to get them to introduce and pass beneficial legislation that protects corporations rather than workers. Think of all the many millions of dollars the fossil fuel industry has used to essentially buy the votes of Republican legislators, as have the gun manufacturers and NRA lobbyists.
Their decades-long efforts to undermine and prevent unions kept wages flat and workers poorer and poorer. The loss of union power also helped speed the loss of defined benefit pensions, which were replace by 401k plans that shift much of the burden and risk onto employees. Years also, almost all employees were covered by pensions. Today only about 55% participate in a 401k plan. Many workers make too little to participate or their employers have used part-time jobs to avoid paying them any benefits. Contracts workers also receive no benefits.
If you think of most of the negative impacts on workers and average Americans over the past several years, most of them were created by the power and money of big corporations.