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OpEdNews Op Eds    H2'ed 8/16/14

By What Means Have Income and Wealth Steadily Been Transferred to the Rich?

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* Then, in the end, there will be just as much leisure as on the other plan, but half the men are totally idle while half are still overworked. In this way it is ensured that the unavoidable leisure shall cause misery all round instead of being a universal source of happiness.

* Can anything more insane be imagined?

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More recently, Thom Hartmann added this supplementary explanation, here slightly edited and abridged:

Ever since Ronald Reagan fired 11,000 striking air traffic controllers back on August 5th, 1981, and appointed labor-hostile Raymond Donovan as the first anti-labor Secretary of Labor in our nation's history, there's been a War on Workers in America. While worker productivity has skyrocketed since Reagan stepped foot inside the White House, wages have remained stagnant.

And the remnants of Reagan's ongoing War on Workers have been so successful -- even during Democratic administrations -- that it's not just keeping wages flat, it's even starting to erode them. Since 2000, as worker productivity continued to grow, average worker take-home pay has been in a steady freefall, while pay for executives and CEO's has soared off the charts. For the financial elite, the War on Workers has been a huge success.

But while this War has been steadily eating away at the income of working-class Americans, its ultimate goal seems to be to turn America's activist working middle-class into a dispirited, disheartened, and disempowered working-poor-class.

By this means, worker productivity can keep rising while the median hourly wage keeps shrinking, thus allowing the owners of companies to take an ever greater share of the profits from those companies.

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Several years after receiving my M.A. in social science (interdisciplinary studies) I was an instructor at S.F. State University for a year, but then went back to designing automated machinery, and then tech writing, in Silicon Valley. I've (more...)
 

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