this post was submitted on 29 Dec 2023
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Work Reform
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A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.
Our Philosophies:
- All workers must be paid a living wage for their labor.
- Income inequality is the main cause of lower living standards.
- Workers must join together and fight back for what is rightfully theirs.
- We must not be divided and conquered. Workers gain the most when they focus on unifying issues.
Our Goals
- Higher wages for underpaid workers.
- Better worker representation, including but not limited to unions.
- Better and fewer working hours.
- Stimulating a massive wave of worker organizing in the United States and beyond.
- Organizing and supporting political causes and campaigns that put workers first.
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It's a combination of things, really. Global markets and the Internet has changed how firms compete. They no longer compete to have more customers. Thanks to globalization and the Internet, the customer base for any given company is essentially infinite, or at least much bigger than firms need. What's scarce is investment capital, and equity markets are growing more and more speculative as time goes on. Investors are buying, not on the expected dividends they'll receive as a share of the profits, but on their ability to flip the stock to sell at a higher price, to another investor who are themselves expecting to flip the stock, there's absolutely no regards to the fundamentals of the business. It's like watching a group of house flippers buy all the properties in a neighborhood and flip them a little, then sell them to one another, and the property values just keep going up.
We saw this with D&D Beyond and Wizards of the Coast. A whistleblower from within the company said that the executives see the customers as an "obstacle to their money". Under that mindset, you don't have customers to serve, you have assets to monetize, and customers are preventing you from monetizing said assets.