GodlessCommie@lemmy.worldM to Late Stage Capitalism@lemmy.worldEnglish · 2 months agoWage theft remains a pervasive issue costing workers an estimated $50 billion annuallylemmy.worldimagemessage-square65linkfedilinkarrow-up1665arrow-down15file-text
arrow-up1660arrow-down1imageWage theft remains a pervasive issue costing workers an estimated $50 billion annuallylemmy.worldGodlessCommie@lemmy.worldM to Late Stage Capitalism@lemmy.worldEnglish · 2 months agomessage-square65linkfedilinkfile-text
minus-squareunwarlikeExtortion@lemmy.mllinkfedilinkarrow-up10·2 months agoBecause in some (most) parts of this world, the concept is Privatize profit, socialize losses. So the company gets to keep all profit during good times, but employees “solidarily pay” for the losses.
Because in some (most) parts of this world, the concept is
Privatize profit, socialize losses.
So the company gets to keep all profit during good times, but employees “solidarily pay” for the losses.