May 14
Top 10 richest people in 2016 vs 2026. The ultrawealthy are now much richer while the working class struggles.
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Top 10 richest people in 2016 vs 2026. The ultrawealthy are now much richer while the working class struggles.
Capitalists and Right-wingers often consider socialists and anticapitalists as lazy for criticizing a flawed and unequal system. Yes, I'm sure that the industrial worker, farmer, caregiver, etc. are "lazy" for demanding a better salary and a more flexible and relaxed schedule, while CEOs earn millions and even billions.
CEO Compensation Increased 940% Between 1978 and 2018, Workers' Only by 12%
An Economic Policy Institute study shows that the dramatic increase in CEO compensation has a large impact on increasing inequality--worker pay could have doubled without the rise in CEO income.
The Real News Network
Sorry, Folks. You’ve All Been Replaced by a Robot.
Sorry, Folks. You’ve All Been Replaced by a Robot.
Replacement of workers by technology isn’t new. The original Luddites destroyed the mechanized looms that replaced their labor. But the new looms came anyway. New technology has always won out in the long run.
That has caused crises among those displaced, but never the downfall of society, because when new technology came, it also brought improved productivity and lower unit costs, as well as new…
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