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"Morbidly Wealthy": The world’s five richest men have more than doubled their fortunes from $405b to $869b since 2020—at a rate of $14m/hr—while nearly five billion people have been made poorer (sh.itjust.works)

submitted 11 months ago by brbposting@sh.itjust.works to c/workreform@lemmy.world

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Source: Oxfam

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[-] Yewb@lemmy.world 2 points 11 months ago

These are all paper gains if they would never be able to realize that money in reality.

[-] rabiddolphin@lemmy.world 7 points 11 months ago

You can use paper gains as leverage for loans against the gains and get that sweet liquidity to pay for underage escorts at Davos

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this post was submitted on 17 Jan 2024

1103 points (99.0% liked)

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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